EU presses on with coal plant subsidy phase-out

The EU wants to prevent coal-fired power plants from receiving capacity payments, but the new rules will not affect existing plants anytime soon The EU wants to prevent coal-fired power plants from receiving capacity payments, but the new rules will not affect existing plants anytime soon.
By Andreas Walstad 8 January 2018 0 29003
Datteln coal plant. A coal-fired power plant in Germany. (E.On)

EU countries have thrown their weight behind a proposal to phase out national subsidies for coal-fired power plants. However, it might take several years before the new rules bring tangible results. 

The 28 EU member states have made a compromise agreement in the Council of the EU that will prevent new power plants emitting more than 550 grams of carbon dioxide per kWh from participating in capacity remuneration mechanisms (CRMs), which function as national subsidy schemes for power plant operators.

The draft rules – which may be...

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