Germany

IEEFA Research

IEEFA Germany: Halving RWE’s lignite output could spur low-carbon shift, avoid $100 million expense of saving aging plants

IEEFA Germany: Halving RWE’s lignite output could spur low-carbon shift, avoid $100 million expense of saving aging plants

Move would cut CO2 emissions in line with government energy policy

Oct 23, 2018, LONDON (IEEFA) – In a report released today, the Institute for Energy Economics and Financial Analysis finds that German utility RWE would benefit in the medium to long term by moving now to sharply reduce its lignite mining activities and begin closing its oldest lignite-fuelled generation stations. The report, “Lignite Retreat: RWE’s […]

October 23, 2018 Read More →
IEEFA report: Benefits to Engie from closing three German coal-fired power plants would outweigh any gains from selling them

IEEFA report: Benefits to Engie from closing three German coal-fired power plants would outweigh any gains from selling them

Shutdown would be in line with corporate responsibility commitments, prevent rivals from gaining market share, and signal that utility giant “is part of the solution” to Germany's coal phase-out plans

Sept 4, 2018 (IEEFA) — The French multinational energy company Engie would be better off closing its three coal-fired plants in Germany than selling them, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The authors of the report see Engie best protecting its position in the German electricity […]

September 4, 2018 Read More →

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

February 15, 2018 Read More →
IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

IEEFA Report: European Coal Sector Woes Deepen With New Air Quality Mandate; One-Third of Existing Capacity Must Retrofit or Close

More Headwinds for Major Utilities; New Limits Affect 108 Plants; Implications for Investors, With Gas and Renewables Emerging as Preferred Power-Generation Fuels

May 8, 2017 (IEEFA.org) — More than 100 separate power plants—representing one-third of Europe’s large-scale coal-fired power plant capacity—face costly air quality upgrades or closure as a result of new European Union emissions limits, according to an analysis published today by the Institute for Energy Economics and Financial Analysis (IEEFA). “These regulations will further undermine and […]

IEEFA Europe: Can Coal Power Hang On?

IEEFA Europe: Can Coal Power Hang On?

Investors May Not Be Eager to Absorb More Losses Like Those Seen in Recent Dutch Build-Outs

Investment in new coal-fired power plants appears off the agenda in Western Europe. Witness the astonishing write-down of brand-new assets in the Netherlands, where European utility giants RWE, Uniper, and Engie have drastically reduced their valuations of plants barely a year old (read the report we published this morning, “The Dutch Coal Mistake,” which concludes […]

November 30, 2016 Read More →
IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

An Acceleration to Renewables, Faster-Than-Expected Shifts Regionally and Nationally, Growing Risk for Investors Who Lag Behind

Three notable takeaways emerge from the rapid transformation of the global energy economy, as we detail in a new paper we published today as the landmark Paris Agreement officially goes into effect. The global transition to renewables is accelerating. Change is happening faster than expected. Those left behind in this transition face growing financial risk. […]

November 5, 2016 Read More →
IEEFA Europe: Blueprint for a Lignite Phase-Out in Germany

IEEFA Europe: Blueprint for a Lignite Phase-Out in Germany

Foundation-Based Approach to Closure and Clean-Up; New Czech Owners of Vattenfall Assets in Lausitz Can Afford to Foot the Bill; a Timeline That Helps Local Communities Prepare for Transition

The recent “sale” by the Swedish state-owned utility Vattenfall of its German lignite assets throws a harsh light on a dark paradox: the continued use of the world’s most carbon-intensive fuel by a country with some of the most ambitious targets to tackle climate change. The deal transfers a cluster of lignite mines and their […]

September 22, 2016 Read More →

More News and Commentary

German energy company floats takeover plan to shutter RWE’s lignite plants

Clean Technica: Germany electric utility Greenpeace Energy has proposed a takeover bid for the lignite open-cast mines and power plants currently belonging to German electric utilities company RWE, to shut them down by 2025, and replace them with renewable energy projects such as wind and solar boasting a total output of 8.2 gigawatts. Greenpeace Energy […]

November 28, 2018 Read More →

Germany postpones coal exit decision until February

Reuters: Germany has postponed until February a decision on how fast Europe’s largest economy should phase out brown-coal-fired power plants and whether the government should compensate utilities as well as regions that could face job losses, a commission said. With brown coal mines the only truly domestic resource in a country reliant on energy imports, […]

November 27, 2018 Read More →

Germany to move forward with 8GW of new wind, solar tenders

Greentech Media: Germany’s governing coalition recently agreed to long-promised supplemental tenders that will add a total of 8 gigawatts of onshore wind and solar power to the grid over the next three years. In the coalition treaty agreed to by Chancellor Angela Merkel’s Union alliance and the Social Democratic Party early in 2018, the governing […]

November 26, 2018 Read More →

Renewables close in on coal generation in Germany

Renew Economy: Germany is edging ever closer to its national target of 65 per cent renewable energy by 2030, with new data showing wind and solar produced 38 per cent of the electricity consumed in the country between January and September 2018. The figures mark an increase of three percentage points over a year earlier, […]

November 5, 2018 Read More →

Vattenfall plans for coal-free German power sector

Reuters: Vattenfall is considering converting its German coal-fired power stations to use fuels including gas or biomass as utility companies in the country brace for a government deadline for phasing out coal altogether. Vattenfall, owned by the Swedish state, operates 2.9 gigawatts (GW) of coal-fired power stations in Germany, including the 1.7 GW Moorburg site […]

October 30, 2018 Read More →

IEEFA Europe: RWE’s costly faith in lignite

Push to expand the Hambach mine raises a question: How long will a major European utility continue to buck trends?

LONDON—RWE, one of Europe’s biggest utilities, is keeping faith with its massive coal mining operations in northwest Germany, rooted in a logic based on economies of scale in power generation that defies the ongoing shift toward a more modern, distributed, low-carbon grid. RWE’s mining operations in Germany’s Nordrhein-Westfalen (North-Rhine Westphalia) are enormous in scale. At […]

October 24, 2018 Read More →
IEEFA Germany: Halving RWE’s lignite output could spur low-carbon shift, avoid $100 million expense of saving aging plants

IEEFA Germany: Halving RWE’s lignite output could spur low-carbon shift, avoid $100 million expense of saving aging plants

Move would cut CO2 emissions in line with government energy policy

Oct 23, 2018, LONDON (IEEFA) – In a report released today, the Institute for Energy Economics and Financial Analysis finds that German utility RWE would benefit in the medium to long term by moving now to sharply reduce its lignite mining activities and begin closing its oldest lignite-fuelled generation stations. The report, “Lignite Retreat: RWE’s […]

October 23, 2018 Read More →

German companies to pursue novel renewables to gas project

Reuters: German power and gas network companies TenneT, Thyssengas and Gasunie Deutschland said they plan to build a 100 megawatt (MW) plant to turn renewable energy into gas for industrial use in the Ruhr region. The plant in Lower Saxony would be the biggest power-to-gas plant (ptg) in Germany and would be connected to the […]

October 17, 2018 Read More →

IEEFA Europe: A blacklist of 120 coal plant developers for investors seeking to lower climate risk

Financial peril across an industry’s entire supply chain is intensifying

Even as risks mount for coal worldwide, nearly 1,400 new coal plants or units are planned or under development in 59 countries. If built, these plants would increase coal power capacity by 33%, adding more than 670,000 megawatts to the global coal plant fleet. Who exactly is developing these new coal plants?  German environmental NGO […]

October 12, 2018 Read More →

$1.4 billion Baltic offshore wind farm begins producing power

CNBC: A large offshore wind farm, operated by German utility firm E.ON in partnership with Norway’s Equinor, has sent its first electricity to the German grid. An equally-shared joint venture between E.ON and Equinor, the Arkona wind farm is situated in the German part of the Baltic Sea, Equinor said Monday. Investment in the project […]

September 24, 2018 Read More →