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Lights out for coal in Europe

Laurence Walker | Montel Magazine | 1 September 2017

Read the full article here.

Samuel Ebohon, PA energy markets expert, discusses EU legislation that is impacting the coal industry in Europe. 

Samuel says: “The IED and the adoption of new updated Bref standards are having an impact on the fate of coal-fired generation in Europe, as the LCPD did before.”

He adds: “However, the principle antagonist for coal-fired generation in Germany has been the large volume of renewables which has been added over the past fifteen years, creating steady downward pressure on dark spreads, causing some coal-fired plants to close for market competitiveness reasons.”

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Samuel continues: “Consistent across the whole of Europe is an intention to decarbonise the electricity supply industry, and this is lifetime limiting for coal-fired generation in Europe.”

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