BÙNG NỔ VÀ THOÁI TRÀO 2022
Summary
The report finds that while many countries are committing to end new coal power, China continues to expand its capacity, offsetting global declines. In 2021, global operating coal capacity increased by 18.2 GW, largely driven by China, which accounted for 56% of new operational capacity. Despite COP26 commitments, a significant gap remains between current plans and the 1.5°C warming limit, which would require decommissioning an additional 1,100 GW of capacity by 2030. The report also critiques 'clean coal' technologies like CCS as costly and ineffective distractions from renewable energy.
Key insights
- Global coal power capacity increased by 18.2 GW in 2021, with 45 GW of new capacity coming online and 26.8 GW decommissioning. China was the primary driver, providing 56% of the new operational capacity (25.2 GW).
- China's coal expansion accelerated in 2021, with 33 GW of new plants starting construction—the highest level since 2016 and nearly triple the rest of the world combined. China now accounts for over half of the world's coal capacity under development (55% or 251 GW).
- International public financing for new coal plants effectively ended in 2021 after Japan, South Korea, and China committed to stop public support for new coal power, following G20 commitments.
- COP26 led to a surge in coal phase-out commitments, with the number of plants with specific closure dates nearly doubling to 750 plants (550 GW). However, only 5% of current operating capacity (89 GW) is currently outside of either a phase-out or carbon neutrality target.
- There is a massive gap between current global coal trajectories and the IPCC 1.5°C pathway. To meet this limit, an additional 1,100 GW of capacity must be cancelled or decommissioned: 340 GW in OECD countries, 500 GW in China, and 200 GW elsewhere.
- Carbon Capture and Storage (CCS) and other 'clean coal' technologies are described as costly and unreliable distractions. For example, the Petra Nova project in the US shut down in May 2020 due to low oil prices, and Canada's Boundary Dam project faced frequent technical failures in 2021.
- Vietnam has seen rapid coal growth, adding 14.1 GW since 2015 to reach a total operating capacity of 22.7 GW. While it has 20.1 GW of pre-construction capacity, Prime Minister Phạm Minh Chính committed at COP26 to net-zero by 2050 and to stop building new coal plants.
- The European Union (EU27) achieved record decommissioning in 2021, removing 12.9 GW of capacity, led by Germany (5.8 GW), Portugal (1.9 GW), and Spain (1.7 GW). Portugal became coal-free in November 2021.
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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