Posted by: Windfair Editors
Q3 Analysis: Europe Shifts from Coal to Gas, Not Renewables
Image: PixabayOfficial Press Release EnAppSys:
Q3 energy markets in Europe: what you need to know
Energy market analysts, EnAppSys, have released Q3 2019 market summaries for both the European and UK markets. Take a look at the noteworthy trends summarized below:
EU sees sizeable shift from coal to gas The European electricity market saw a significant shift from coal to gas-fired generation in Q3 of 2019, reversing a trend seen in the previous two years. Coal and lignite plants produced 95.8 TWh of power in the three months to September 30 – 41 per cent less than the 134.6T Wh generated by gas plants. In Spain, coal has been pushed almost entirely out the market by gas, whilst Germany has seen significant reductions in levels of generation from coal and lignite. Renewables provided 35 per cent share of overall power... ... More: Official Press Release EnAppSys
- Keywords:
- EnAppSys, Q3, analysis, coal, gas, renewables, shift, Europe, Germany, lignite, costs, investments
