Coal’s share of energy market soars
Use of Coal for power generation and other purposes grew by 3% in 2013 – faster than any other fossil fuel. Coal has reached its highest market share of global energy consumption for more than 40 years, figures reveal, despite fears that its high carbon emissions make it a prime cause of climate change.
The use of Coal for power generation and other purposes grew by 3% in 2013 – faster than any other fossil fuel – while its share of the market breached 30% for the first time since 1970, the BP Statistical Review reports.
Europe is among the regions using more coal, increasing imports from the US, where coal has been displaced in power stations by even cheaper shale gas. But developing countries such as China and India are also huge coal users, although BP pointed out that energy growth overall in China dropped to 4.7% last year from 8.4% in 2012.
The statistics also show that the use of wind farms for generating electricity rose by 21% last year while solar power grew even more rapidly, by 33%.
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