Insurance firm Lloyd’s of London is becoming one of the ‘last resorts’ for fossil fuel generators as others worldwide are refusing to cover coal projects.

The biggest annual fall in the world’s use of coal-based electricity is expected this year. It will be the first fall in more than four decades of almost uninterrupted growth in the sector.

The UK moved closer to phasing coal from its energy system, as EDF switched off Cottam Power Station in Nottinghamshire after more than 50 years of operation.

As of Monday afternoon, the UK has been powered without the use of coal-fired plants for 10 consecutive days—and the streak is growing.

“Coal is edging closer to extinction” in the UK, according to a new report.