By 2030, 97 percent of businesses will have negative cash flow as the European Commission plans to end so-called “to coal” payments by the middle of the next decade and battery technology will improve to provide more power needed during peak hours.
“Coal will be put in a death spiral, and asset owners will have nothing to do but the lobby and hope the government will bail them out,” said Matthew Gray, senior analyst at Carbon Tracker in London.
In Germany, where incumbent Chancellor Angela Merkel is under pressure to reduce pollution from the energy sector, a coal phase-out would cost € 12 billion for utilities, according to the analysis.
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12:00 12:00 12:00 11:00 FAI will be 504.1 billion yuan in Chinese railways in January 2025, by 5.6% 11:00 The industrial productivity of the Chinese steel sector increased by 6.1 percent in January 2025. 10:00 Chinese FAI increases by 0.5 percent in January-August 2025 10:00 In August in August again by 2.8% in January 2025 in January 2025 08:00 According to the results of January-August 2025, the metallurgical enterprises of China increased the export of steel by 10% compared to the same period of 2024-up to 77.49 million tons
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