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New UserCoal Use Set to Drop in Europe’s Power Mix as Weather Moderates
06 Jun 2023
- Mediterranean to face cooler temperatures
than usual in June
- Higher low-carbon generation narrows need
for fossil fuels
Mediterranean
countries are expected to see cooler weather than usual, possibly reducing
air-conditioning needs and making it an “easy June” for the market,
BloombergNEF analyst Andreas Gandolfo wrote in a note on
Monday. Regions that are set for higher temperatures, like Germany, don’t
typically see electricity demand respond as much to heat as in