The International Energy Agency (IEA) expects global coal demand to decline by 2030, returning to the same level recorded in 2023, as the energy sector undergoes transformations.
The agency noted that global coal demand is rising by 0.5% this year and could reach a record high of 8.85 billion tons, explaining that coal remains a major source of power generation.
"Despite unusual trends in many key coal markets in 2025, our outlook for the coming years has not changed significantly from a year ago: we expect coal demand to stabilize before gradually declining by 2030," said Keisuke Sadamori, Director of Energy Markets and Security at the IEA, in the report released Wednesday.
He added: "However, there are many uncertainties affecting the outlook for coal, particularly in China, where developments will continue to significantly influence the global landscape. Trends in electricity demand growth and the integration of renewable energy sources worldwide could also impact the trajectory of coal."
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