Thursday, 14 February 2013

"No investment in new fossil plants in Europe without capacity mechanism" Featured

Keeping existing fossil capacity in the market will "prove to be difficult" and many European utilities "will abstain from investing" in new plants without capacity mechanisms as long as the current market situation with low electricity demand, low CO2 prices and relatively high gas prices persists, forecasts Jørgen Kildahl, member of the Board of Management at E.ON SE.

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