Business & Economy

Europe’s industry turns to coal as an alternative to gas

European companies are turning to the coal market due to rising gas prices, while coal prices are also breaking records.
The price of coal used in power generation rose up to $250 per ton to reach the highest level in history.
The price of gas futures contracts in Europe rose on the sixth of this month, to record levels, and for the first time in history, exceeded 1900 dollars per thousand cubic meters, after which it began to decline to below the level of 1000 dollars per thousand cubic meters.

قيم هذا المقال | Rate this post

Related Articles

Leave a Reply

Back to top button