15.04.2013 - Europe: Back to the dark ages
Coal’s golden renaissance ... While coal use in electricity generation has dwindled in the United States, it has been staging a quiet comeback in Europe. Coal-fired power generation is growing at an annual rate of 5% and 22% in Germany and Spain, while gas-fired generation is falling by 15% and 23% respectively. In the UK, coal-fired plants accounted for 39% of electricity generation in 2012, a 32% increase on 2011, while gas use declined by the same amount. "As the dispatch of coal plants is more economic in Europe at current coal and CO2 emissions prices, gas lost 5 percentage points of market share in the power sector in 2012...............................................Full Article: Source
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