European Natural Gas Seen Kicking Coal While It's Down: Chart

While U.K. natural gas prices will likely fall 15 percent to 23 pence a therm in Europe by 2017, coal’s decline is limited as the fuel is already near cash-cost levels, according to Trevor Sikorski, an analyst in London at Energy Aspects Ltd. That will help increase the share of gas in the power-generation mix and speed up the closure of coal stations, curbing carbon  emissions.

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