Energy & Science
Solar Surge Is Making Coal Plants Unprofitable in Top Exporter
- Strong renewables growth is forcing down electricity prices
- Plant retirements seen necessary to meet climate targets
Stacker-reclaimers operate next to stockpiles of coal in Newcastle, Australia.
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
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Even the world’s top coal exporter is struggling to make money from burning the fuel.