Every year, coal-fired power plants are retired or cease operations. However, the trend of retiring these power plants is lower compared to the addition of new ones.
As a result, cumulatively, the operational capacity of coal-fired power plants globally continues to increase each year.
According to data from Global Energy Monitor (GEM), in 2000, the global retired capacity of coal-fired power plants was only 4.06 gigawatts (GW).
Meanwhile, the addition of new power plant capacity in that year was much larger, reaching 33.58 GW.
A similar trend has continued until this year. In the first semester of 2025, the global coal-fired power plant capacity that ceased operations was only 9.05 GW.
On the other hand, the addition of global power plant capacity in the first semester of 2025 reached 30.03 GW, as shown in the graph.
Furthermore, according to the Global Coal Phaseout report released by GEM, all coal-fired power plants must be retired by 2040 to prevent the adverse impacts of climate change.
"In order to meet the Paris Agreement goals and put the world on a pathway to no more than 1.5°C of global warming, all existing coal plants must be retired by 2030 in the world’s richest countries, and by 2040 everywhere," GEM stated in its report.