If you live in a developed country, it’s been clear that the appetite for coal power is falling.
Not only has coal been singled out as a primary source of carbon emissions and air pollution, but it’s also been getting phased out in favor of cheap natural gas in some regions around the world.
In the U.S., electricity generation from coal has been dropping since the late 2000s, and in Europe the departure from coal has accelerated even quicker. In fact, it’s estimated that European coal power output could fall 23% in 2019 alone.
A Different Global Story
However, despite a growing consensus around the use of thermal coal in the West, the global story is actually quite different.
Today’s animation from SVT Nyheter details every coal power plant in the world from 1927 to 2019, and it shows that coal power — especially in South Asia — has continued to ramp up.
As of 2019, there are an estimated 2,425 coal-fired power plants in the world, combining for an operating capacity of about 2,000 GW and roughly 15 billion tonnes of CO₂ emissions.
Global Tipping Point?
Since 2010, there have been hundreds of new coal power plants commissioned — and almost all of them can be found somewhere in Asia:
|Country||Coal capacity (2010)||Coal capacity (2018)||% change (2010-2018)|
|🇨🇳 China||630,238 MW||972,514 MW||+54%|
|🇮🇳 India||100,037 MW||220,670 MW||+121%|
|Other Asia||127,515 MW||191,088 MW||+50%|
However, it seems that this could be the year that the story changes.
Preliminary data suggests that Indian coal consumption could drop in 2019 for the first time in over a decade. Meanwhile, it’s expected that China’s growing coal capacity could be fully offset by decreasing use of the fossil fuel in developed nations.
As a result, according to Carbon Brief, global coal power generation could fall 3% in 2019:
If this trend continues, it could be a sign of a tipping point in global coal consumption — and if the sentiment around coal shifts the same way in China, the potential impact could be amplified even further.
Will 2020 provide additional evidence towards a global sea change in coal dependence, or is 2019 just a blip on the radar?
Charted: The World’s Biggest Oil Producers
Just three countries—the U.S., Saudi Arabia and Russia—make up the lion’s share of global oil supply. Here are the biggest oil producers in 2022.
Charted: The World’s Biggest Oil Producers in 2022
In 2022 oil prices peaked at more than $100 per barrel, hitting an eight-year high, after a full year of turmoil in the energy markets in the wake of the Russian invasion of Ukraine.
Oil companies doubled their profits and the economies of the biggest oil producers in the world got a major boost.
But which countries are responsible for most of the world’s oil supply? Using data from the Statistical Review of World Energy by the Energy Institute, we’ve visualized and ranked the world’s biggest oil producers.
Ranked: Oil Production By Country, in 2022
The U.S. has been the world’s biggest oil producer since 2018 and continued its dominance in 2022 by producing close to 18 million barrels per day (B/D). This accounted for nearly one-fifth of the world’s oil supply.
Almost three-fourths of the country’s oil production is centered around five states: Texas, New Mexico, North Dakota, Alaska, and Colorado.
We rank the other major oil producers in the world below.
|YoY Change||Share of
|2||🇸🇦 Saudi Arabia||12,136||+10.8%||12.9%|
|36||🇸🇸 South Sudan||141||-7.6%||0.2%|
|51||Other Middle East||210||+1.2%||0.2%|
|54||Other Asia Pacific||177||-10.6%||0.2%|
|55||Other S. &|
Behind America’s considerable lead in oil production, Saudi Arabia (ranked 2nd) produced 12 million B/D, accounting for about 13% of global supply.
Russia came in third with 11 million B/D in 2022. Together, these top three oil producing behemoths, along with Canada (4th) and Iraq (5th), make up more than half of the entire world’s oil supply.
Meanwhile, the top 10 oil producers, including those ranked 6th to 10th—China, UAE, Iran, Brazil, and Kuwait—are responsible for more than 70% of the world’s oil production.
Notably, all top 10 oil giants increased their production between 2021–2022, and as a result, global output rose 4.2% year-on-year.
Major Oil Producing Regions in 2022
The Middle East accounts for one-third of global oil production and North America makes up almost another one-third of production. The Commonwealth of Independent States—an organization of post-Soviet Union countries—is another major regional producer of oil, with a 15% share of world production.
|YoY Change||Share of
|South & Central|
What’s starkly apparent in the data however is Europe’s declining share of oil production, now at 3% of the world’s supply. In the last 20 years the EU’s oil output has dropped by more than 50% due to a variety of factors, including stricter environmental regulations and a shift to natural gas.
Another lens to look at regional production is through OPEC members, which control about 35% of the world’s oil output and about 70% of the world’s oil reserves.
When taking into account the group of 10 oil exporting countries OPEC has relationships with, known as OPEC+, the share of oil production increases to more than half of the world’s supply.
Oil’s Big Balancing Act
Since it’s the very lifeblood of the modern economy, the countries that control significant amounts of oil production also reap immense political and economic benefits. Entire regions have been catapulted into prosperity and wars have been fought over the control of the resource.
At the same time, the ongoing effort to pivot to renewable energy is pushing many major oil exporters to diversify their economies. A notable example is Saudi Arabia, whose sovereign wealth fund has invested in companies like Uber and WeWork.
However, the world still needs oil, as it supplies nearly one-third of global energy demand.
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