Coal Crushes Gas in EU Power Contest

摘要

The outlook for natural gas as a power generation fuel in Europe gets gloomier and gloomier (WGI Dec.lO' 14). Gas had a stellar third quarter in the UK, easily outperforming coal, but over the year, as a whole again played second fiddle to'the cheaper but dirtier fuel — a theme repeated across most European power markets in 2014, despite a significant .drop, in .spot and oil-indexed wholesale gas prices in recent months (WGI Nov.26'14).