business π₯ Coal still rules global power despite green push π
Coal remains the top electricity generator globally, producing 10,974 TWh in 2026 according to the IEA. This dominance is particularly seen in China, where it supplied 55% of electricity in 2025, and India, at roughly 71%. The ongoing US-Iran war has unexpectedly boosted coal's competitiveness by driving up gas prices. While renewables are growing fast, combined wind and solar still lag coal by 44% in 2026. The IEA projects coal will remain the largest source through 2030 despite a slow annual decline.