Cheap Natural Gas Is About to Kick More Coal Out of Europe

Margins for fueling power generators with gas are growing while coal becomes less profitable.BLOOMBERG,By Vanessa Dezem and Mathew Carr27 בינואר 2020, 07:0‎B

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Cheaper natural gas prices this year are likely to cement Europe’s shift away from coal as a fuel for producing power.

Abnormally mild winter weather has cut demand for the fuel as a flood of new supplies entered the world’s biggest gas market. That along with higher costs for carbon-emissions allowances has tilted the economics of generating electricity away from coal and toward using more gas.