EMEA > Compliance Markets & Taxes > EU fossil power generation slumps over 20% in H1 on low demand and renewables uptick

EU fossil power generation slumps over 20% in H1 on low demand and renewables uptick

Published 13:04 on July 4, 2023 / Last updated at 13:10 on July 4, 2023 / / EMEA (Compliance Markets & Taxes, Europe)

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Power generation covered by the EU ETS fell by almost 100 TWh or around a fifth year-on-year in the first half of 2023, according to figures published by an analytics firm, as much lower output driven by demand destruction and a rise in renewables forced coal and gas out of the mix.
Power generation covered by the EU ETS fell by almost 100 TWh or around a fifth year-on-year in the first half of 2023, according to figures published by an analytics firm, as much lower output driven by demand destruction and a rise in renewables forced coal and gas out of the mix.


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