The European Power Market in 2020

Gas generation fell only 4% in 2020, despite the pandemic. Most of the fall in fossil was on coal rather than gas in 2020, because a robust carbon price meant gas generation was the cheapest form of fossil generation, even undercutting lignite for the first time in some months. Nuclear generation fell by 10% in 2020 – probably the largest fall ever – and that also kept gas (and to a lesser-extent coal) generation from falling further. Source: Ember & Agora Energiewende