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‘Power generation from gas is over’ – RWE

RWE Supply & Trading’s Stefan Judisch said Europe has ‘dramatically underestimated’ the role solar power will play in the region’s future energy mix, and that it will squeeze out gas-fired generation RWE Supply & Trading’s Stefan Judisch said Europe has ‘dramatically underestimated’ the role solar power will play in the region’s future energy mix, and that it will squeeze out gas-fired generation.
By Tom Hoskyns 14 November 2012 Europe & Russia / Pipelines, Storage & Power 0 13751
Germany’s Energiepark Erfurt solar power park, opened in October 2012, has 8,800 panels. (PA)

The rapid emergence of solar energy in Germany has reduced gas to the role of a fringe fuel, and there is nothing to stop the same thing happening across the rest of Europe and – ultimately – all over the world, the chief executive of RWE Supply and Trading said on Wednesday.

Speaking on the second morning of the European Autumn Gas Conference in Vienna, RWE’s Stefan Judisch said the European gas industry “dramatically underestimated” the impact of solar on gas-fired generators, as well as the...