FutureCoal has welcomed the IEA’s World Energy Investment 2026 report, saying it shows global coal investment reaching US$180 billion in 2026, the highest level since 2012 and 4% higher than 2025. The group argues the figures reflect a renewed focus on energy security, supply resilience and system reliability rather than ideology.
China accounts for 70% of global coal investment, while India is expanding coal production, transport infrastructure and gasification to reduce dependence on imported fuels and industrial feedstocks. The report also notes continued investment in Southeast Asia and sustained spending on coking coal for steel production.
FutureCoal chief executive Michelle Manook said energy security comes from “diversity, reliability and affordability,” and claimed countries are investing in technologies that improve coal’s performance while lowering emissions. The organisation also said 90% of new coal-fired capacity expected online in 2026 will use ultra-supercritical or supercritical technology.
The group linked these trends to its Sustainable Coal Stewardship framework, which promotes more efficient and lower-emission use of coal across the value chain. It also pointed to coal-related policy and funding in China, India and the United States as evidence that coal remains central to power, industrial development and grid reliability.
