Coal-fired generation rises as higher gas prices drive fuel switching

Stacked area chart of Germany power generation costs: gas (green) and coal (gray) from Feb 2 to Jul 17, 2026.

Coal-fired generation is expected to increase in 2026 as higher natural gas prices encourage fuel switching and rising electricity demand boosts the need for reliable thermal power, according to new forecasts. Global coal-fired output is projected to rise by 1.4% this year after remaining broadly flat in 2025, supported by stronger utilisation in several major markets. The increase in coal-fired […]

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