Energy · 2 views
Global Gas Crunch Makes Europe’s Remaining Coal Plants Profitable
The global LNG supply crunch has made Europe’s last-standing coal-fired power plants profitable this year as gas supply costs soar while the need for conventional generation to stabilize grids remains.
AI Summary
A global LNG supply crunch has driven up gas costs, making Europe’s remaining coal‑fired power plants profitable this year. The surge in gas prices has revived the economics of these plants despite broader moves toward cleaner energy. Operators cite the continued need for conventional generation to stabilize electricity grids as a key factor in keeping the coal units online. This profitability reflects the current tension between fuel scarcity and grid reliability requirements.
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