The global transition from fossil to clean energy is well underway in Europe. Since 2012, coal-fired generation in the EU has dropped by almost a third while renewable power has increased from 14.2% to 23% of total generation. By 2021, Belgium, Austria, Sweden and Portugal had entirely stopped burning coal to generate electricity. This trend will only continue: by 2030, around half of European coal power plants are expected to be retired with most European countries planning to fully phase out coal before 2040. These legacy coal assets offer an opportunity. Instead of abandoning coal-generatin…