Bloomberg: EU Shutters Most Coal, Natural Gas Power in Six Years

European utilities shut more coal and natural gas power plants in 2014 than in any year since at least 2009 amid falling demand for electricity and tougher pollution curbs, according to Bloomberg New Energy Finance.

European Union power companies turned off 63 percent more coal- and gas-fed generation than they started, James Cooper, an analyst for New Energy Finance in London, said by e-mail. Net decommissioning of 5 gigawatts, which is equivalent to about five nuclear power plants, was the most in at least six years.

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