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This report, published by Global Energy Monitor and a coalition of partners, tracks global coal-fired power plant capacity as of April 2024. It highlights a paradoxical trend where global coal capacity reached record highs in 2023, driven primarily by China, despite a general decline in new coal construction in the rest of the world and increasing phase-out commitments.

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  • Global coal-fired power capacity reached its highest level in history in 2023, totaling 2,130 GW after a 2% (48.4 GW) increase. Two-thirds of the capacity added in 2023 was in China, while other countries saw a small increase of 4.7 GW, the first since 2019.
  • There is a stark divergence in new coal construction: while capacity under construction outside China has fallen to its lowest level since 2015, China's new construction capacity reached its highest level in eight years in 2023, contradicting President Xi's 2021 pledge to strictly control coal projects.
  • Current global retirement commitments are insufficient to meet the Paris Agreement's 1.5°C goal. Only 15% (317 GW) of operating global coal capacity has a retirement commitment aligned with this target. To reach zero coal capacity by 2040, an average of 126 GW (approximately two plants per week) must be retired annually over the next 17 years.
  • In Turkey, operating coal capacity increased by 5.2 GW (34%) since 2015. While Turkey has the highest development-stage capacity (4.8 GW) compared to OECD and neighboring East European and West Asian countries, it did not start any new construction or commission new plants in 2023. The country lacks a planned coal exit date or a decarbonization path aligned with Paris Agreement goals.
  • The European Union and the UK are continuing their coal phase-out, with coal-based electricity generation dropping by 26% in 2023. For the first time in the EU, renewable energy accounted for over 40% of total electricity production. However, current retirement rates are not yet aligned with the Paris Agreement goal for developed countries to exit coal by 2030.
  • Specific phase-out timelines have been set in Europe: the UK will retire its last coal plant (Ratcliffe, 2.2 GW) in September 2024, and Ireland will retire the Moneypoint plant (0.9 GW) in 2025. Spain plans to retire over a quarter of its capacity in 2024 and the remaining 2.2 GW in 2025. Slovakia is expected to exit coal in early 2024, six years ahead of its target.
  • G20 countries dominate the global coal landscape, holding 92% of operating capacity (1,968 GW) and 88% of pre-construction capacity (336 GW). Within the G7, no coal plants are currently under construction, although Japan and the US still have projects in the proposal stage linked to 'clean coal' or carbon capture technologies.

Cite the original document

APA
Global Energy Monitor (2024). KÜRESEL KÖMÜRLÜ TERMIK SANTRAL TAKIBI. https://globalenergymonitor.org/sites/default/files/migration/reports/Boom-Bust-Coal-2024-Turkish_11.pdf
Chicago
Global Energy Monitor. KÜRESEL KÖMÜRLÜ TERMIK SANTRAL TAKIBI. 2024. https://globalenergymonitor.org/sites/default/files/migration/reports/Boom-Bust-Coal-2024-Turkish_11.pdf.
Wikipedia
{{cite report |author=Global Energy Monitor |title=KÜRESEL KÖMÜRLÜ TERMIK SANTRAL TAKIBI |date=April 2024 |url=https://globalenergymonitor.org/sites/default/files/migration/reports/Boom-Bust-Coal-2024-Turkish_11.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{globalenergymonitor2024kresel, author = {{Global Energy Monitor}}, title = {{KÜRESEL KÖMÜRLÜ TERMIK SANTRAL TAKIBI}}, institution = {Global Energy Monitor}, year = {2024}, month = apr, url = {https://globalenergymonitor.org/sites/default/files/migration/reports/Boom-Bust-Coal-2024-Turkish_11.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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