The OECD and EU is already beyond ‘no new coal’

No New Coal: OECD and EU overview

Share
Fiddler’s Ferry power station, UK, in the sunset
2021 sees the sun setting on coal power. Photo taken at Fiddler’s Ferry power station, UK, by Phil Gradwell, 2014. Via Flickr,
  1. The new coal pipeline in OECD & EU has collapsed by 85% since 2015, with 139GW of projects cancelled.
  2. Cancellations outnumber new plants entering into operation by 6:1.
  3. The OECD & EU is now home to just 6% of the remaining global pipeline.
  4. 12 OECD & EU countries have considered new coal projects since 2015 but no longer have projects under development.
  5. Five OECD & EU countries have coal projects in the pre-construction pipeline; all are unlikely to proceed.

The primary coal transition dynamic underway across the OECD & EU is the accelerating retirement of existing coal power generation, with 56% of capacity either closed already since 2010 or scheduled to close by 2030.

This dynamic is also reflected in respect to the collapse of the new coal pipeline. Almost four-fifths of OECD & EU countries have either formally committed to no new coal (64%) or have no projects under development (14%). This includes 12 countries that have considered new coal power generation since 2015, but which no longer have projects under development, as shown by Figure 2 below.

Since 2015, just 24GW of new projects entered operation across the OECD & EU, compared to139GW that were cancelled, giving a ratio of nearly 6:1. Only a handful of projects remain that have been proposed but have not yet entered construction, in Australia, Colombia, Mexico, Poland and Turkey. (Figure 3).

Read the full overview of OECD and EU here.

Related

Subscribe to our newsletter

    Privacy and Cookie policy