Oxfordprospect – Are Europe’s gas power generators turning into zombie companies?

See on Scoop.itOxford Today

It appears that Europe’s gas generators are in danger of turning into zombie companies, [i]suggests Hugh Sharman Owner, Incoteco (Denmark) ApS. [ii] They finding it increasingly difficult coping with the market created by uncontrolled expansion of “free” but heavily subsidised renewables and the dumping of cheap imported coal from the United States. Unfavourable market conditions and negative gas power generation are forcing companies to lose money hand over fist, suggests Guido Custer Managing Director at Delta Energy.

See on oxfordprospect.com

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