Coal-fired power as a security backstop in Europe’s grid
December 16, 2025
In 2023, GDP growth of around 5 per cent entailed an estimated a 5 per cent rise in coal demand. For 2024, even as oil, gas and coal demand growth weaken from 2023 levels, they will remain robust. In Europe, renewables are expected to make continued inroads to the power generation market (pushing coal to the margin).
