Gas-fired Power Slump in Germany

GALWAY, IRELAND--February 1, 2013 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) High gas prices and cheap coal resulted in a major slump in gas-fired electricity generation in Germany during 2012.

Europe's largest economy saw many of its energy providers switch to cheaper coal and rely more on renewables to generate electricity for much of last year.