January 28, 2019 Read More →

German coal phase-out plan will shutter first 12.7GW of capacity by 2022

Reuters:

Germany should shut down all of its coal-fired power plants by 2038 at the latest, a government-appointed commission said on Saturday, proposing at least 40 billion euros ($45.7 billion) in aid to regions affected by the phase-out.

The roadmap proposals, a hard-won compromise reached early on Saturday after more than 20 hours of talks, must now be implemented by the German government and 16 regional states. They embody Germany’s strategy to shift to renewables, which made up more than 40 percent of the energy mix last year — beating coal for the first time — and follow a 2011 decision to halt nuclear power.

In a first step, plant operators including RWE, Uniper, EnBW and Vattenfall will be asked to shut down about 12.7 gigawatts (GW) of capacity by 2022, equivalent to about 24 large power station units, said the report, seen by Reuters.

Under the proposed plans, coal power capacity in Germany would more than halve to 17 GW by 2030.

In a blow to RWE, the commission said preserving the contested Hambach forest was “desirable”, hitting the group’s key source of lignite where mining operations have already been halted following a court order.

While the 2038 date to exit coal was in line with expectations, the report said the phase out could be completed by 2035 — a decision that would be taken in 2032.

More: Germany to phase out coal by 2038 in move away from fossil fuels

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