Denmark's largest energy firm to ditch coal by 2023

On the same day a new The Economist Intelligence Unit report concluded European coal generation is declining and will continue to face a “difficult outlook”, Danish giant Dong Energy (CPH:DENERG) announced it would phase out the use of the fossil fuel. As part of the plan, Dong Energy will stop using coal at all of its European power[…]

Coal use in Europe on its way out — report

Coal generation in Europe is falling and will continue to do so due to competition from cleaner energy sources, such as natural gas and renewables, as well as governments efforts to cut emissions, a study by The Economist Intelligence Unit (EIU) argues. The UK is leading the way when it comes to reducing coal dependency,[…]