In Europe, what is influencing coal to gas switching and how is it impacting short and medium term prices?

European coal burn is significantly down in 2023 due to high carbon price and low gas price (so far). But the effects of carbon price could also temper in the coming years with the eventual coal phase-out in Europe, throwing a lifeline for gas power plants in Europe despite the expected rise in European carbon prices (to €160/t in 2030, €400 in 2040)

Extension of carbon market coverage: How will companies manage exposures as the tariff extends to cover maritime and LNG?

The coal burn: the global prospects for coal, on the rise in China/ perpetual decline in Europe