The European energy crisis caused by the Russia-Ukraine conflict has increased global reliance on coal. Coal’s use for power generation is expected to increase in 2022, as high gas prices have led to the replacement of gas with coal in markets with spare coal plant capacity.
In the United States, coal production has risen considerably. The Energy Information Administration stated that production is up 6% from the first quarter of 2021. Global use of coal has been on the rise due to the energy crisis in Europe, and China has ramped up production and consumption of coal.
