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Policy & Regulation

Gas wins back market share in EU power

EU ETS reform and lower gas prices have boosted gas-to-power generation across Europe, but the outlook for further growth seems uncertain EU ETS reform and lower gas prices have boosted gas-to-power generation across Europe, but the outlook for further growth seems uncertain.
By Andreas Walstad 13 February 2020 Europe & Russia / Policy & Regulation 0 35024
Castelnou Energia CCGT plant, near Teruel, Spain. (Energie)

The key issue: Gas is defending its market share in Europe’s power generation amid a sharp drop in coal and strong growth in renewables.

Interfax analysis: Gas-to-power generation increased by 12% year on year in 2019 in the former EU28 and was at its highest level since 2011, according to estimates in a recent report by Agora Energiewende and Sandbag. The data suggests the share of gas in the electricity mix was 22% in 2019, three percentage points higher than the...