VIDEO: Gas-fired plant profit margins hit by coronavirus lockdown measures
ICIS Editorial
03-Apr-2020
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
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