BRIEF-World Coal Power Generation Hits Record High In 2021 - IEA

* DEPENDING ON WEATHER PATTERNS AND ECONOMIC GROWTH, GLOBAL COAL DEMAND COULD REACH NEW ALL-TIME HIGHS IN 2022 AND REMAIN AT THAT LEVEL FOR THE FOLLOWING TWO YEARS, UNDERSCORING THE NEED FOR FAST AND STRONG POLICY ACTION, SHOWED THE REPORT

INTERNATIONAL ENERGY AGENCY (IEA): * SAYS INCREASED CONSUMPTION IN CHINA AND INDIA PUSHED COAL-FIRED POWER GENERATION WORLDWIDE TO NEW RECORD HIGHS IN 2021, UNDERMINING EFFORTS TO REDUCE GREENHOUSE GAS EMISSIONS

* SAYS THAT IN 2021 GLOBAL POWER GENERATION FROM COAL SURGED BY ABOUT 9%, AS PER ITS LATEST ANNUAL MARKET REPORT * SAYS LAST YEAR, RAPID ECONOMIC RECOVERY PUSHED UP ELECTRICITY DEMAND MUCH FASTER THAN LOW-CARBON SUPPLIES COULD KEEP UP

* SAYS INCREASED COAL USE IN 2021 WAS MOSTLY LEAD BY INDIA AND CHINA, BETWEEN THEM THEY ACCOUNT FOR TWO-THIRDS OF GLOBAL DEMAND, IEA SAID. EVEN THOUGH BOTH NATIONS ROLLED OUT IMPRESSIVE AMOUNTS OF RENEWABLE POWER, TWO STILL DEPENDENT ON COAL AND HOLD KEY TO FUTURE COAL DEMAND. * DEPENDING ON WEATHER PATTERNS AND ECONOMIC GROWTH, GLOBAL COAL DEMAND COULD REACH NEW ALL-TIME HIGHS IN 2022 AND REMAIN AT THAT LEVEL FOR THE FOLLOWING TWO YEARS, UNDERSCORING THE NEED FOR FAST AND STRONG POLICY ACTION, SHOWED THE REPORT