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The main image is a vertical bar graph showing four bars representing 2021, 2025, 2030, and 2035. The bars are segmented into types of dispatchable power capacity in Europe in gigawatts. Overall, there is a visual decline in the use of coal, and no other method of production seems to visibly take up the slack. Each bar is crossed by a horizontal line which denotes the peak load demand. In 2025, production vastly outperforms the demand requirement, but by 2035 there is a shortfall of around 19% between the projected available capacity and the projected demand.
Footnote 1: Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Italy, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, and United Kingdom.
Footnote 2: Comprises hydro and biomass.
Source: McKinsey Power Solutions EU Power Model, November 2022; Platts PowerVision; McKinsey analysis.
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