Gas
Global Gas Crunch Makes Europe’s Remaining Coal Plants Profitable
CEII brief
OilPrice.com reported on 16 Oct 2026: Global Gas Crunch Makes Europe’s Remaining Coal Plants Profitable.
Read the full story on OilPrice.comThe global LNG supply crunch has made Europe’s last-standing coal-fired power plants profitable this year as gas supply costs soar while the need for conventional generation to stabilize grids remains.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
