European Coal Slides to 19-Month Low on Surging Nuclear and Wind
NegativeFinancial Markets

European coal prices have dropped to a 19-month low, primarily due to a significant increase in wind and nuclear energy generation. This shift is important as it highlights the ongoing transition towards cleaner energy sources, which could further diminish the role of coal in the energy mix. As countries strive to meet climate goals, the decline in coal usage reflects a broader trend towards sustainability, but it also poses challenges for industries reliant on fossil fuels.
— Curated by the World Pulse Now AI Editorial System