According to a Bloomberg NEF report, coal-fired power plants (PLTU) contribute 30% of global carbon emissions and are responsible for a 0.3-degree Celsius increase in the average global temperature.
Among the G20 countries, China had the largest coal-fired power plant capacity in 2021, at approximately 1,400 gigawatts (GW). This was followed by India, the United States, and Indonesia, with capacities detailed in the graph.
Based on Bloomberg NEF data, the production capacity of coal-fired power plants in several G20 countries has also increased over the past five years.
During the 2017-2021 period, Indonesia had the highest growth in coal-fired power plant capacity, followed by China, Brazil, South Africa, Japan, India, South Korea, and Turkey.
Bloomberg NEF predicts that the capacity of power generation based on fossil fuels will increase again in 2022.
"A surge in coal power production could occur in 2022 in several European countries, including Germany and Italy, as a short-term solution to drought reducing hydropower production and reduced gas supplies from Russia," said Bloomberg NEF.
"It is crucial for countries to phase out coal-fired power if they want to achieve the goals of the Paris Agreement," it added.