The analysis of the Global Total Support on Coal for Electricity Generation in 2023 shows notable trends. Germany leads in support with $39.39 million. Changes from 2022 highlight growth in Indonesia (5.8%), Italy (6.01%), and China (5.84%). Meanwhile, notable declines are observed in Brazil (-10.62%), Sweden (-7.66%), and Ireland (-32.41%). Despite the financial backing, the United States and South Africa have minimal support, with slight annual changes.
Future trends to watch include:
- An expected continued decline in overall global support for coal as renewable energy investments rise.
- Potential policy shifts in major coal-dependant countries might influence support values.
- Technological advancements in energy efficiency could alter the dynamics of coal support distribution globally.
Top countries in Total Support on Coal for Electricity Generation Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39.39 | 2023 | -3.52% | -6.69% | View data |
| 2 | 2 Indonesia | 21.68 | 2023 | +4.41% | +5.8% | View data |
| 3 | 3 Italy | 8.83 | 2023 | +9.95% | +6.01% | View data |
| 4 | 4 Finland | 7.66 | 2023 | +7.28% | +1.58% | View data |
| 5 | 5 Portugal | 5.89 | 2023 | +8.98% | +10.59% | View data |
| 6 | 6 Slovakia | 4.69 | 2023 | +3.49% | +0.034% | View data |
| 7 | 7 China | 4.59 | 2023 | +6.26% | +5.84% | View data |
| 8 | 8 Brazil | 2.84 | 2023 | -6.94% | -10.62% | View data |
| 9 | 9 United States | 2.01 | 2023 | -0.36% | -0.22% | View data |
| 10 | 10 South Africa | 1.13 | 2023 | +0.82% | +8.56% | View data |
