EU Shutters Most Coal, Natural Gas Power in Six Years
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(Bloomberg) -- European utilities shut more coal andnatural gas power plants in 2014 than in any year since at least2009 amid falling demand for electricity and tougher pollutioncurbs, according to Bloomberg New Energy Finance.
European Union power companies turned off 63 percent morecoal- and gas-fed generation than they started, James Cooper, ananalyst for New Energy Finance in London, said by e-mail. Netdecommissioning of 5 gigawatts, equivalent to about five nuclearpower plants, was the most in at least six years.