In 2023, Slovakia led with the highest Global Direct Transfer on Coal for Electricity Generation as a percentage of GDP at 0.14%, followed by Greece and Indonesia. Italy, South Africa, Brazil, and China presented significantly lower figures. Notably, South Africa showed the most substantial annual growth at 10.35%, contrasted by Brazil's decrease of 8.64%. Over the past five years, growth was uneven, with variations influenced by carbon policy shifts and energy transition dynamics in these countries.
Looking ahead, watch for increased regulatory pressures planning to limit coal usage, technological advancements in renewable energy, and geopolitical factors impacting coal dependency in global energy strategies.
- Slovakia and Greece may experience stabilization or reduction in coal dependency due to EU carbon neutrality goals.
- Indonesia's slight growth may continue if renewables remain secondary in their energy mix.
- Italy and South Africa could see changes as they explore alternatives to coal power.
- China's consistently low transfer values suggest potential leadership in reducing coal dependency globally.
Top countries in Direct Transfer on Coal for Electricity Generation by Country
| # | 7 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 0.14 | 2023 | +2.94% | +1.65% | View data |
| 2 | 2 Greece | 0.093 | 2023 | +1.09% | +2.3% | View data |
| 3 | 3 Indonesia | 0.086 | 2023 | 0% | +2.77% | View data |
| 4 | 4 Italy | 0.022 | 2023 | +4.76% | +7.96% | View data |
| 5 | 5 South Africa | 0.018 | 2023 | 0% | +10.35% | View data |
| 6 | 6 Brazil | 0.007 | 2023 | -12.5% | -8.64% | View data |
| 7 | 7 China | 0.001 | 2023 | 0% | 0% | View data |
