Gas to coal switching to continue in European power markets?

by Editor

Reading Time: 1 min read

This report analyses the behaviour of the European power market for Q1 2023. Unprecedented gas prices impacted heavily on gas-fired generation costs, offsetting the effect of the increase in coal and carbon prices on coal-fired generation costs. The attached chart shows the impact of gas prices on estimated gas and coal fired generation variable costs for estimated average power plants. […]

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