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Markets & Forecasts

Gas gains EU power market share in Q2

Lower prices for gas versus coal and higher prices for EU carbon allowances helped gas gain market share in the European power mix over the second quarter of this year Lower prices for gas versus coal and higher prices for EU carbon allowances helped gas gain market share in the European power mix over the second quarter of this year.
By Andreas Walstad 7 October 2019 Europe & Russia / Pipelines, Storage & Power 0 34653
EU power generation mix Q2 2019

The share of gas in the power mix across the 28 EU member states increased by around 5 percentage points in Q2 2019 compared with Q2 2018, according to a quarterly report published on Thursday by the European Commission. 

The share of hard coal and lignite decreased by around 3 percentage points year on year, according to the report.

Higher prices for EU carbon allowances and lower prices for gas compared with coal helped gas...