Asia’s Coal Boom

Asia’s Coal Boom is Bad News For Natural Gas

Click here to read this article By Alex Kimani – Feb 27, 2025, 7:00 PM CST- Published in OilPrice.com

· Global Energy Monitor: Asia’s largest economies have three times more coal-fired power capacity under construction than gas-fired capacity.

· According to GEM, across 10 of Asia’s largest economies, there is just over 1 million megawatts (MW) of new power capacity under construction.

· Gas-fired power plants account for a mere 7% share of plants under construction.