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AP

Energy turmoil triggers boost for coal fired electricity

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Energy market turmoil caused by the war in Ukraine has triggered an increase in coal-fired electricity production in the European Union and a temporary slowdown in the closure of power plants long-earmarked for retirement. Greece set an ambitious timeline to end decades of reliance on lignite ‒ low-quality coal ‒ but has slowed down that program in response to a huge rise in natural gas prices. Coal production in the country will be hiked by 50% over the next two years but the pace of building renewable alternatives will also be stepped up. European policymakers, and many experts, argue that coal's return will not last long and will only act as a backstop until renewable capacity is increased and new power infrastructure and connectivity is expanded.

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