Natural Gas Daily Europe Pipelines, Storage & Power
EU gas-to-power growth to be short-lived – IEA17 July 2017
Despite growth in demand last year, the medium-term outlook for gas in power generation is bleak across Continental Europe, according to the International Energy Agency (IEA).
Over the next five years, power demand in Continental Europe is expected to remain flat while the growth in renewable electricity production is expected to be "substantially more" than the decline in coal-fired generation and the reduction in Germany’s nuclear output, leaving a smaller market share for gas-fired power, the agency said in its Market Report Series: Gas 2017, released last week.
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