Coal-fired power as a security backstop in Europe’s grid
December 16, 2025
Lower prices are expected to weigh on Australia’s thermal coal export earnings over the next five years. The Newcastle benchmark thermal coal spot price is projected to average US$60–75 a tonne in real terms over the five years to 2025, down on US$76 a tonne in 2019. Seaborne imports are expected to edge down slightly, but the lack of new […]
