EU COAL DYING, NEW ENERGY RISING

Analysis - EU coal demand starting decades-long slide

John McGarrity, August 30, 2013 (Reuters)

“European Union coal demand is on course for a decades-long slide from a peak last winter as the growth in capacity of renewable power outstrips new coal-fired plants…Across the European Union, a total of 28 gigawatts of old coal-fired capacity could come offline between 2012 and 2020, Deutsche Bank said in a recent report…Data from the European Commission and Point Carbon show that the bloc will add around 21 GW of wind, solar and hydro capacity this year and another 140 GW between 2014 and 2020…” click here for more

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