Coal to remain relevant despite growing shift to renewable energy, says consultancy

The use of coal is enabling the energy transition, owing to its provision of a basis for the economy to develop, drive wealth and enable economic progress, which then, in turn, creates and enables the funds for stronger and further investment into renewable energy, says Boston Consulting Group MD and partner Tycho Möncks. “Very often the discussion is that coal and renewables are enemies; that it’s either one or the other and I don’t think that’s the right mindset [to have],” he tells Engineering News and Mining Weekly.