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Watch: New-build standoff sees European plant margins decline

Europe's dispatchable generation margins are falling as old power stations close and new-build investment focuses on renewables. With the industry warning of a 2025 reckoning, France and Germany are facing major decisions on nuclear and coal closures.

In this video, S&P Global Platts European power editors Andreas Franke and Henry Edwardes-Evans show that, even with significant gas plant additions, dispatchable margins are likely to dip close to severe peak demand levels in the next few years.