As of 2023, Indonesia leads in direct transfer on coal for electricity generation globally, with a marked increase of 5.9%. Germany and Italy follow, each showing substantial annual increments of 8.68% and 5.37%, respectively. China, despite its large economy, saw a smaller growth compared to European counterparts, up by 5.84%. Greece and Slovakia experienced modest growths, while Brazil and Ireland registered downturns with Brazil seeing a decline of 10.67% and Ireland plummeting by 27.14%. South Africa displayed robust growth similar to Germany, and Hungary saw significant reduction, decreasing 23.28%.
Future trends to watch include the global shift towards renewable energy sources, which may impact coal dependency. However, economic and industrial developments in emerging markets might sustain or even increase coal demand. Policy changes and technological advancements in carbon capture may also influence these dynamics significantly.
Top countries in Direct Transfer on Coal for Electricity Generation by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 1,030 | 2023 | +4.46% | +5.9% | View data |
| 2 | 2 Germany | 412.9 | 2023 | +9.21% | +8.68% | View data |
| 3 | 3 Italy | 408.93 | 2023 | +10.06% | +5.37% | View data |
| 4 | 4 China | 217.9 | 2023 | +6.26% | +5.84% | View data |
| 5 | 5 Greece | 171.05 | 2023 | +0.19% | +0.32% | View data |
| 6 | 6 Slovakia | 152.29 | 2023 | +3.1% | +1.89% | View data |
| 7 | 7 Brazil | 91.19 | 2023 | -10.8% | -10.67% | View data |
| 8 | 8 South Africa | 53.53 | 2023 | +0.82% | +8.56% | View data |
| 9 | 9 Ireland | 15.81 | 2023 | -28.75% | -27.14% | View data |
| 10 | 10 Hungary | 1.26 | 2023 | -12.3% | -23.28% | View data |
