Global coal use is on course to hit all-time high this year, IEA says

December 19, 2022 – Global coal use is on course to increase by 1.2% to hit a record high this year, according to a report from the International Energy Agency. It comes at a time of significant volatility and uncertainty in global energy markets, with the IEA stating that Russia’s invasion of Ukraine in Feb. 2022 had “sharply altered the dynamics of coal trade, price levels, and supply and demand patterns in 2022.”