Summary
The report 'Boom and Bust 2022' by Global Energy Monitor and partners tracks the global development of coal-fired power plants. It highlights a stark divergence: while most of the world is moving toward phasing out coal following COP26 commitments, China is significantly expanding its domestic coal capacity. The report details the decline of international public financing for coal and the risks associated with 'clean coal' technologies like Carbon Capture and Storage (CCS).
Key insights
- As of the report's data, over 2,400 coal-fired power plants are operating across 79 countries with a total capacity of nearly 2,100 GW. Additionally, 189 plants (176 GW) are under construction and 296 plants (280 GW) are in the planning stages.
- The report criticizes 'clean coal' technologies, specifically Carbon Capture and Storage (CCS), as expensive and ineffective distractions that extend reliance on fossil fuels. It cites the Petra Nova project in the US and the Boundary Dam project in Canada as examples of frequent operational failures.
- In the United States, coal retirement has slowed, with only 6.4 to 9 GW retired in 2021, compared to a peak of 21.7 GW in 2015. To meet climate goals, the US would need to retire an average of 25 GW per year until 2030.
Cite the original document
- APA
- Global Energy Monitor (n.d.). 繁荣与衰落2022. https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBustCoalPlants_2022_Chinese_11.pdf
- Chicago
- Global Energy Monitor. 繁荣与衰落2022. n.d. https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBustCoalPlants_2022_Chinese_11.pdf.
- Wikipedia
- {{cite report |author=Global Energy Monitor |title=繁荣与衰落2022 |url=https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBustCoalPlants_2022_Chinese_11.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{globalenergymonitornd2022, author = {{Global Energy Monitor}}, title = {{繁荣与衰落2022}}, institution = {Global Energy Monitor}, url = {https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBustCoalPlants_2022_Chinese_11.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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