Germany has restarted a mothballed coal power plant as authorities decided to return to use of “dirty” fuel before the onset of cold weather. This was reported by Bloomberg.
The publication states that the operation of block F of the power plant resumed on October 15. The plant remained idle for almost five years until the government decided to restart electricity generation to ease the potential burden on the power grid.
Agency sources emphasize that coal use should be increased both to save natural gas and to avoid interruptions in energy supply during the heating season.
Before this, it was known that gas prices in Europe would increase, according to the International Energy Agency’s forecast. will be protected It is at a high level until 2027. On average it will be at least 450 dollars per 1000 cubic meters. metre.
With the commissioning of new LNG facilities in 2025-2026, prices will drop to $464 per 1,000 cubic meters. metre. This is more than double the 2016-2020 level. On October 13, spot prices in the EU exceeded $600 per 1000 cubic meters. meters, although the gas storage capacity is 97%. Growth continued due to the threat of strikes against LNG facilities in Australia and a decline in wind production in Europe.
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