Gas-to-power investment lowest in a decade – IEA

By Andrew Walker 11 July 2017
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Irsching gas-fired power plant in Germany. (Siemens) Irsching gas-fired power plant in Germany. (Siemens)

Global investment in gas-fired power generation fell to its lowest level in a decade in 2016, to $34 billion, according to a new report by the International Energy Agency (IEA)

In Europe, more gas-fired power capacity was retired than approved for construction as the fuel struggled to compete in the power mix.

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