EU Nations’ Coal-Exit Plans in 2018 to Benefit Renewables

This article first appeared on the BNEF mobile app and the Bloomberg Terminal.

  • Seven European Union countries have announced coal exits
  • U.K. has released phase-out plan, others expected this year

EU countries’ coal power strategies 

Source: BNEF

Several big European economies are expected to release concrete plans in 2018 on how they will tackle legacy coal- and nuclear-generating capacity, according to BNEF analysis. This will leave more room in the mix for renewable energy, potentially benefiting major developers such as Electricite de France SA, wpd AG, and Innogy SE. The U.K. released its coal-exit strategy on Jan. 5. France’s President Emmanuel Macron is required to publish an energy plan this year, covering for the first time nuclear phase-outs. For Germany, the impetus may be the emission-reduction target that it is likely to miss. For Poland, it’s the United Nations climate talks that it is hosting at the end of the year.

BNEF clients can see the full report, “Policy-Driven Opportunities in EMEA Renewables in 2018”, on the Terminal or on web.

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Bloomberg New Energy Finance (BNEF) is an industry research firm focused on helping energy professionals generate opportunities. With a team of experts spread across six continents, BNEF provides independent analysis and insight, enabling decision-makers to navigate change in an evolving energy economy.
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