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Policy & Regulation

Germany may see race to end coal before 2038 deadline

The economics suggest Germany’s coal phase-out could be completed well in advance of 2038, with the first auction for government compensation expected in June next year The economics suggest Germany’s coal phase-out could be completed well in advance of 2038, with the first auction for government compensation expected in June next year.
By Alessandro Vitelli 12 September 2019 Europe & Russia / Policy & Regulation 0 34577
The Datteln coal-fired power plant in Germany. (E.On)

The German government is expected to hold its first tender for compensation for the closure of coal-fired power capacity in June 2020, media reports indicated earlier in September. Operators will be asked to submit bids for capacity that could be closed within 18 months of the auction. Bids will be based on the cost of decommissioning plants, with tenders awarded to those that offer the lowest-cost reduction in carbon dioxide emissions, the economy ministry said in August.

The closure of all of Germany’s...