BOOM AND BUST 2021

The 2020 global coal power landscape was characterized by a sharp increase in capacity in China, which offset declines elsewhere and led to the first global increase in coal capacity since 2015. While the US and EU saw record closures, China's provincial governments accelerated coal projects as economic stimulants. Conversely, several Southeast Asian and South Asian nations began canceling planned projects due to financing difficulties and shifting policies.

• In 2020, global coal power capacity increased by 12.5 GW, marking the first rise in global capacity since 2015. This was driven by China, which operated 38.4 GW of new coal power plants, accounting for 76% of the world's total new capacity (50.3 GW).
• China's surge in coal development in 2020 was linked to provincial efforts to use coal projects as economic stimulants during the Covid-19 pandemic, aided by relaxed permitting and increased central government loans. While the 14th Five-Year Plan (2021–2025) targets non-fossil energy growth from 16% to 20%, coal capacity is expected to grow until 2025.

APA

Global Energy Monitor (2021). BOOM AND BUST 2021. https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_Indonesian_final_11.pdf

Chicago

Global Energy Monitor. BOOM AND BUST 2021. 2021. https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_Indonesian_final_11.pdf.

Wikipedia

{{cite report |author=Global Energy Monitor |title=BOOM AND BUST 2021 |date=April 2021 |url=https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_Indonesian_final_11.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{globalenergymonitor2021boom, author = {{Global Energy Monitor}}, title = {{BOOM AND BUST 2021}}, institution = {Global Energy Monitor}, year = {2021}, month = apr, url = {https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_Indonesian_final_11.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }