Since 2000, the world has doubled its coal-fired power capacity to around 2,045 gigawatts (GW) after explosive growth in China and India. A further 200GW is being built and 300GW is planned.
More recently, 268GW has closed due to a wave of retirements across the EU and US. Combined with a rapid slowdown in the number of new plants being built, this means the number of coal units operating around the world fell for the first time in 2018, Carbon Brief analysis suggests.
Another 213GW is already set to retire and 19 of the world’s 80 coal-powered countries plan a complete phaseout of the fuel, including the UKand Germany.
Following agreement at COP26 to the phasing down of coal usage, the opportunity for the conversion of coal fired power stations to fuel pellets is significant in accelerating and supporting this global transition.
SAE is working with its partners to identify further opportunities internationally where this exciting solution can be quickly deployed.