Fitch raises thermal coal price predictions as energy crisis deepens

James Baxter-Derrington
clock • 2 min read
Coal power demand grew in 2021 | Credit: iStock
Image:

Coal power demand grew in 2021 | Credit: iStock

Influential ratings firm predicts rise in thermal coal prices over next few years as the energy crisis and global economic headwinds worsen

Fitch Ratings has cut its price assumptions for most metals and mining products in the face of a worsening outlook for economic growth worldwide, yet it has also simultaneously raised its cost expectations...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

IRENA: Global renewable power capacity surged by 15 per cent in 2024

IRENA: Global renewable power capacity surged by 15 per cent in 2024

The global renewables boom is transforming energy markets, driving economies, and creating investment opportunities - but many regions are at risk of being left behind

Michael Holder
clock 11 July 2025 • 3 min read
REMA: Government rejects proposals for zonal power pricing regime

REMA: Government rejects proposals for zonal power pricing regime

Ministers promise to pursue alternative measures to accelerate grid development and tackle rising curtailment costs

James Murray
clock 10 July 2025 • 9 min read
Reports: Government poised to reject plans for zonal pricing

Reports: Government poised to reject plans for zonal pricing

Imminent decision expected to drop plans to switch to a system of regional power pricing, sparking both relief and anger across the energy sector

James Murray
clock 09 July 2025 • 7 min read