BÙNG NỔ VÀ THOÁI TRÀO 2021

The report 'BÙNG NỔ VÀ THOÁI TRÀO 2021' analyzes global coal power trends in 2020, highlighting a stark contrast between China's surge in new capacity and a general global decline. While many nations in Southeast Asia, South Asia, and the OECD are canceling projects or accelerating closures, China's rapid development has caused total global coal capacity to increase for the first time since 2015.

• Global coal power capacity increased by 12.5 GW in 2020, reversing a downward trend seen since 2015. This was driven by China, which added 38.4 GW of new capacity, accounting for 76% of the world's new coal power in 2020.
• China's coal boom in 2020 was triggered by local governments using coal projects to stimulate the economy during the Covid-19 pandemic, supported by the central government's easing of licensing restrictions and increased lending for large-scale projects.
• In 2020, the United States recorded a record high in coal plant closures, with 11.3 GW shut down. Over the four-year term of President Donald Trump, a total of 52.4 GW of coal power ceased operations, exceeding the 48.9 GW closed during President Barack Obama's second term.
• Four countries in South and Southeast Asia—Indonesia, Bangladesh, Philippines, and Vietnam—have announced plans to cut up to 62 GW of planned coal capacity. This is expected to reduce their total pre-construction pipeline to 25.2 GW, an 80% decrease from 125.5 GW in 2015.
• India's coal power growth reached its lowest level since 2004 in 2020, with a net increase of only 0.7 GW. The country has seen a nearly 90% drop in proposed new coal capacity from 238.2 GW in 2015 to 29.3 GW in 2020, largely due to the falling cost of solar and wind energy.
• Vietnam has seen a rapid increase in coal power, adding 11.8 GW since 2015, but is now shifting toward renewables. The draft Power Development Plan 8 (PDP8) proposes reducing coal capacity to 37 GW by 2030, a 51% decrease from the 75 GW planned in PDP7 (2011).
• The EU27 and UK saw a record decrease of 10.9 GW in operating coal capacity in 2020. Spain led this trend by closing half of its coal capacity (4.8 GW out of 9.6 GW).
• Turkey's coal capacity in development fell 38% from 33.2 GW in 2019 to 20.4 GW in 2020, and 66% since 2015. No new coal plants were commissioned in Turkey in 2020, with some plants closing due to failure to meet new emission standards.
• Financial institutions are increasingly restricting coal funding, with 73 new restrictions announced in 2020. However, significant funding continues through corporate loans and guarantees, particularly from Chinese and Japanese banks.
• To meet the IPCC's 1.5°C warming limit, the world must cancel or close 1,350 GW of coal capacity by 2030. This includes reductions of 500 GW in China, 450 GW in OECD countries, and 400 GW in the rest of the world.

APA

Global Energy Monitor (2021). BÙNG NỔ VÀ THOÁI TRÀO 2021. https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_VN_final_11.pdf

Chicago

Global Energy Monitor. BÙNG NỔ VÀ THOÁI TRÀO 2021. 2021. https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_VN_final_11.pdf.

Wikipedia

{{cite report |author=Global Energy Monitor |title=BÙNG NỔ VÀ THOÁI TRÀO 2021 |date=April 2021 |url=https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_VN_final_11.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{globalenergymonitor2021bng, author = {{Global Energy Monitor}}, title = {{BÙNG NỔ VÀ THOÁI TRÀO 2021}}, institution = {Global Energy Monitor}, year = {2021}, month = apr, url = {https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_VN_final_11.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }