BTU - Dropping Prices of Natural Gas Cause European Countries to Switch Energy Sources
More than a year after Russia cut natural gas supplies to the rest of Europe and significantly exacerbated an ongoing energy crisis, it seems the region is seeing a drop in natural gas prices. A recent analysis by S&P Global Commodity Insights reveals that a drop in natural gas prices has contributed to fuel switching among major European economies. The analysis also stated there was little likelihood of coal-fired energy generation declining even further.
Natural gas prices have performed poorly in recent weeks, and this seems to have changed the dynamic of the market, specifically by...
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