Here's the last sad chapter in a mighty volume. UK Coal is settling down in the bed nearest the door. I know a bit about this, and the banks have been fairly constructive (although the article doesn't credit them at all). So it's probably the best that can be done in circumstances where (a) our politicians are fixated on green-pandering energy policies and (b) the global coal trade is fairly buoyant.
My views on this have been stated often enough, summarised here 5 years ago: new coal plants should replace old coal, as they do in Germany. Whether UK Coal could play a long-term part in this (as opposed to imports), it's hard to say. But the one consistent aspect of recent UK energy policy has been No New Coal Without Full CCS, i.e. no new coal whatever.
And, as the article says,“Coal is keeping the lights on at the moment”. What a history is coming to an end !