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500 MWe power adequate return Asia Pacific Australia British Petroleum Cameron capacity capital costs capital intensive China CIF Europe Climate response policies coal costs coal fired plant coal fired power coal market coal mining Coal trade Colombia combined cycle commodity competitive cost of power costs of coal decline elasticity of demand emissions Europe's European Union example expect Figure fired power plant forecast fossil fuels freight gas fired power gas supply Germany high cost important Indonesia International Energy Agency internationally investment costs Japan Labour cost Lignite low price elasticity major new investment marginal supplier million tonnes Mtce Mtpa natural gas oil and gas oil price Poland premium pressure price formation price of coal price of gas price trends reduce Russia security of supply South Africa spot price Steam coal prices subsidies suppliers meet spot-price supply and demand Term prices follow Ukraine Western Europe World Energy Outlook Yamal