Why buy this report?
- Understand what will influence European power markets to 2040
- Gain a comprehensive view of European power supply, demand and electricity prices in Europe across regional markets
- Get access to our European electricity forecasts on which energy sources will dominate in key regions: how quickly will coal and nuclear be phased out in favour of gas and renewables?
This European power market report comes with datasets and charts analysing supply and demand factors across 5 countries. This chart analyses which energy sources are set to dominate the market out to 2040.
The patience of national policymakers has been stretched too far by low emissions costs and the continued competitiveness of coal in European power supply – where a fuel cannot be priced out of a market, it can be ruled out by policy. With marked reductions in European power supply from coal and nuclear, we expect to see support for generation from gas. The falling costs of wind and solar are facilitating major changes in subsidy and support regimes. While competitive European electricity market arrangements continue delivering value, subsidy-free opportunities are also becoming a reality – although the choice of market, site and technology remain critical to project success. This report presents our long-term outlook for European power markets to 2040, including a full summary of our regional view and an outline of developments in individual key markets.