IEA Director of Energy Markets and Security Keisuke Sadamori

IEA Director of Energy Markets and Security Keisuke Sadamori. “But demand remains stubbornly high in Asia, even as many of those economies have significantly ramped up renewable energy sources.”

In March 2023,  China  set new monthly record by  surpassing 400 million tonnes for the second time ever and India surpassing 100 million tonnes for the first time. Also in March, Indonesia exported almost 50 million tonnes, a volume never shipped by any country before. By contrast, the United States, once the world’s largest coal producer, has more than halved production since its peak in 2008.