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The April 2022 report by Global Energy Monitor and partners analyzes the global state of coal-fired power plants, highlighting a stark contrast between the rapid decline of new coal proposals in most countries and the continued expansion of coal capacity in China.

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  • As of the report's data, the world has over 2,400 operating coal power plants across 79 countries, with a total capacity of nearly 2,100 gigawatts (GW).
  • Global coal capacity increased by 18.2 GW in 2021, driven largely by China, where 45 GW of new capacity became operational, representing 56% of the global total.
  • China experienced its highest level of coal plant construction starts since 2016, with 33 GW of new plants beginning construction in 2021, nearly triple the rest of the world combined.
  • Following COP26, the number of coal plants with specific closure dates nearly doubled to 750 plants (550 GW), though only 5% of current operating capacity remains without a phase-out or carbon neutrality target.
  • International public financing for new coal plants effectively ended in 2021 after Japan, South Korea, and China committed to stopping public support for new coal plants, following G20 commitments.
  • The European Union's 27 member states achieved a record 12.9 GW of coal plant closures in 2021, with Germany (5.8 GW), Portugal (1.9 GW), and Spain (1.7 GW) leading the reductions.
  • Carbon Capture and Storage (CCS) and other 'clean coal' technologies are described as costly and unproven, with the report citing the failure of the Petra Nova project in the US and the Boundary Dam project in Canada.
  • Vietnam has seen rapid coal growth, adding 14.1 GW since 2015 to reach a current operating capacity of 22.7 GW, with 6.8 GW under construction and 20.1 GW in pre-construction.
  • Despite previous plans in the Power Development Plan (PDP) to include coal, Vietnam's Prime Minister announced at COP26 a goal of neutrality by 2050 and a commitment to stop building new coal plants.

Cite the original document

APA
Global Energy Monitor (2022). BÙNG NỔ VÀ THOÁI TRÀO 2022. https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBustCoalPlants_2022_Vietnamese_11.pdf
Chicago
Global Energy Monitor. BÙNG NỔ VÀ THOÁI TRÀO 2022. 2022. https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBustCoalPlants_2022_Vietnamese_11.pdf.
Wikipedia
{{cite report |author=Global Energy Monitor |title=BÙNG NỔ VÀ THOÁI TRÀO 2022 |date=April 2022 |url=https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBustCoalPlants_2022_Vietnamese_11.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{globalenergymonitor2022bng, author = {{Global Energy Monitor}}, title = {{BÙNG NỔ VÀ THOÁI TRÀO 2022}}, institution = {Global Energy Monitor}, year = {2022}, month = apr, url = {https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBustCoalPlants_2022_Vietnamese_11.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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