Natural gas fired power plants will continue to face severe difficulties to stay in the merit order in competitive OECD Europe power markets in such as Spain, Germany and the UK, as dispatch of coal plants stays more economic at current fuel and carbon emission prices, Dennis Volk, gas and power market analyst at the International Energy Agency (IEA) told Gas to Power Journal in an interview.
"Under current market conditions, gas-fired plants have no longer a big role to play in much of OECD Europe ..."
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