Eskom's Kendal coal-fired power station in Mpumalanga, South Africa. Photographer: Waldo Swiegers/Bloomberg
Energy
The energy transition is powered by — wait for it — coal: Javier Blas
Global electricity demand is surging
Global electricity demand is surging, driven by electrification efforts such as electric vehicles and heat pumps. However, renewable energy isn't growing fast enough to meet this rising demand, leading to increased reliance on coal. Despite advances in clean energy, coal consumption is at record levels and is projected to remain high, especially in China and India. This highlights the uneven progress of the energy transition, with fossil fuels still dominant in the power sector.
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By Javier Blas
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