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Wed Sep 04 01:48:19 UTC 2024: – Germany’s Federal Network Agency did not need to announce a ban on power plants this year as many coal-fired plants are already slated for closure
– Market-driven closures have secured the 2027 target for reduced capacity
– Coal capacity is being underused due to the increase in renewable energy
– The government will not make efforts to bring the 2038 statutory deadline for exiting coal forward
– Operators could voluntarily switch off coal plants earlier due to rising CO2 prices making them unviable.
Germany's coal exit on track, no forced closures needed
Germany's coal exit on track, no forced closures needed