These 10 Countries Are Phasing Out Coal the Fastest WRI November 30, 2023 By Joel Jaeger Phasing out coal power is the most important step the world can take to curb climate change.Coal, the most polluting fossil fuel, supplied 36% of electricity generation in 2022. This must drop to 4% by 2030 and then 0% by 2040 if the world is to limit global warming to 1.5 degrees C (2.7 degrees F) and prevent the most catastrophic impacts of the climate crisis. (That's according to a high-ambition scenario from Climate Action Tracker.) Removing coal from power generation is also critical to decarbonizing other sectors of the economy. It will help ensure that green technologies that run on electricity, like electric vehicles and heat pumps, are powered by cleaner energy sources.
While the share of coal used in the global power sector has been gradually ticking down in recent years, it needs to start declining much faster. Developed countries should reach zero coal the soonest, as they’re in a stronger financial position than developing nations and are already, for the most part, less reliant on coal. But all countries will require an incredibly swift transition.Phasing out coal at the speed needed will be extremely challenging, but a handful of countries are already proving that a rapid, sustained shift is possible. While each one must chart its own path forward, other coal power-reliant countries can learn from these leaders.
Which Countries Have Reduced Coal Power the Fastest?.....The world has eight years to scale down its use of coal power from 36% of electricity generation in 2022 to less than 4% in 2030. To explore how such a quick phase-down might be achieved, we analyzed the 10 countries that have reduced coal power the fastest over any eight-year period since 2000. Greece and the U.K. achieved the fastest coal power reductions — moving at a quicker pace than what’s needed globally — followed by Denmark, Spain, Portugal, Israel, Romania, Germany, the United States and Chile. Of the top 10 countries, only Portugal has reached zero coal power already. Some other countries, such as Austria and Belgium, have also eliminated coal power entirely, but did not make the top 10 as they either used very little coal to begin with or phased it out over a longer time span. Greece reduced coal power faster than any other country in the world over an eight-year span, from 51% in 2014 to 10% in 2022, replacing it with a combination of gas and renewables. At number two, the United Kingdom reduced coal power from 39% in 2012 to 2% in 2020, replacing it mostly with wind and bioenergy but also some gas. Denmark was third fastest and is notable as the only country on the list where the reduction in coal power was replaced by 100% zero-carbon power sources. While many of these leading countries are European, there are positive examples from other areas of the world as well. The United States cut its coal power use in half between 2014 and 2022, replacing it with a combination of gas, solar and wind.In Chile, coal plants were booming as recently as a decade ago, but the country has quickly reversed course; it is now supporting early retirement of coal plants and replacing them mainly with solar and wind power.
Similarities and Differences Among the Top 10 Countries. On the whole, the countries with the fastest coal phase-outs are high income, with relatively small populations, less growth in electricity demand than average, and coal plants already nearing the age of retirement. Nine of the 10 countries have announced coal phase-out targets and eight have implemented some form of national carbon pricing. All of these factors can work in favor of a clean energy transition.However, key differences among the top 10 countries demonstrate that phasing out coal is possible in a variety of circumstances.....read on https://www.wri.org/insights/countries-phasing-out-coal-power-fastest