Local Coal For Power Generation In Pakistan

Afia Malik

No 2023:103, PIDE Knowledge Brief from Pakistan Institute of Development Economics

Abstract: Coal contributes significantly to global energy supplies. In 2021, coal was the second-largest energy source consumed globally (Chart 1). Over the years, coal demand has increased substantially from 2.6 billion tons in 1980 to 5.5 billion tons in 2021 (Chart 2). Because of environmental concerns and the increasing trend towards renewables, its share declined in the United States and many European countries, decreasing global consumption in 2014 and onwards. But the trend reversed in 2020. It is because of the Russia-Ukraine war leading to the worldwide energy crisis that the demand for coal has increased.

Pages: 17 pages
Date: 2023
New Economics Papers: this item is included in nep-cis, nep-ene and nep-env
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