Coal-fired power as a security backstop in Europe’s grid
December 16, 2025
Despite high inventory levels throughout the year, the Chinese thermal coal market remained fundamentally loose in 2024, with declining prices and reduced volatility. 2025 is projected to see continued high coal production driven by capacity additions, particularly in Xinjiang, alongside government incentives to maintain output. Increased renewable energy capacity will gradually suppress coal demand in power generation, while demand in […]
