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
- 13 December 2025
17:00 Mexico to impose higher import duties on Brazilian steel products - 12 December 2025
18:00 Mexico approves new tariff hike against China 18:00 CAAM: Sales of new energy vehicles in China increased by 31.2 percent in January-November 2025 17:00 OCBC supports Singapore's Green Esteel's $1.5 billion HBI project to boost low-carbon steel supplies 17:00 China introduces new rules for steel exports 16:00 Thyssenkrupp returns to net profit in fiscal year 2024-2025 16:00 Jingjiang Yongjin Chinese company modernizes reverse cold rolling mill in Jiangsu 15:00 Ukrainian Interpipe took up the development of new equipment and products
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