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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Metallurgy news
- 10 February 2026
20:00 Cleveland-Cliffs reports stable net profit for the fourth quarter of 2025 17:00 The Turkish company Mazlum Mangtay has won the tender for the construction of the 163-kilometer BOTAŞ gas pipeline 16:00 Salzgitter receives first scrap metal shipment from Volvo as part of ScanLoop closed-loop recycling Partnership 16:00 New Car Registrations in South Korea Increased by 37.6% in January 2026 15:00 German engineering sector shows zero growth in 2025 15:00 Gozzi Federaccai: EU environmental policy blocks industrial development 14:00 India's steel industry remains in expansion mode in December 2017, even as refining activity slows slightly 14:00 Vietnam's steel imports decreased by 16.4 percent in January 2026 compared to December
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