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Policy & Regulation

EU power: from overcapacity to scarcity?

Europe has plenty of power generation capacity, but the phase-out of coal and nuclear plants could lead to electricity shortages by 2022 Europe has plenty of power generation capacity, but the phase-out of coal and nuclear plants could lead to electricity shortages by 2022.
By Andreas Walstad 7 June 2019 Europe & Russia / Policy & Regulation 0 34291
Decommissioning work at Germany's Biblis nuclear power plant. (PA)

Gas-fired power plants will likely be needed to compensate for the loss of coal and nuclear generation in Europe, but many question whether price signals are strong enough to foster new investment without subsidies.

Participants at an event in Brussels this week heard that 90 GW of thermal generation capacity will come offline between now and 2030. Although wind and solar generation will increase by more than 140 GW over the same period, these power sources pose intermittency problems. This is has led some to believe...