SINGAPORE—Global coal-fired power generation fell by 1.2% during the first half of 2022 from a year earlier, according to an analysis of energy consumption data, as a sharp economic slowdown in China and a surge in global coal prices after Russia’s invasion of Ukraine crimped demand.
Meanwhile, power generation from renewable sources increased 17% year-over-year in the first half, led by capacity increases in the U.S. and China, according to a report published Thursday by S&P Global Commodity Insights, a market research firm.