CCGTs shift from baseload to support services

energy-sector-orientation

The new 2026–2030 energy financing orientation steers capital toward electricity grids, storage, interconnectors, and demand-side flexibility, while excluding unabated fossil energy projects. This tilts merit-order dynamics away from gas over time—less gas burn at the margin and fewer gas-driven price spikes—while keeping CCGTs in a supporting role for system security and ancillary services rather than baseload. The European Investment Bank […]

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