The rise in EU ETS prices since August 2021, pushed gas prices well above the adjusted coal price, encouraging a switch to coal. The invasion of Ukraine pushed gas prices a lot higher, but coal prices have also risen dramatically as well.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.