VIDEO: Gas-fired plant profit margins hit by coronavirus lockdown measures

Author: ICIS Editorial


LONDON (ICIS)--Senior market reporter Christopher Rene assesses the impact of European coronavirus lockdown measures on gas-fired profitability.

• European gas plant profit margins collapsed in anticipation of a demand squeeze

• Less room for gas to compete with cheaper power generation sources such as nuclear and renewables

• CCGT margins could improve due to weakness in continental gas prices