Australia’s largest coal power station will remain open for two years longer than originally planned, with the lower than expected uptick in renewable energy. Origin Energy told the sharemarket on ...

This has prompted power companies that normally rely on gas to turn to more polluting coal-fired plants as an alternative, particularly in places such as Japan, South Korea, Taiwan and the EU.

The rise in spot prices of liquefied gas (LNG), but only in higher-quality grades, has led to a price increase for seaborne thermal coal.