German energy regulator awards permits to close hard coal-based power plants

Germany’s energy regulator, Bundesnetzagentur, has stated that around 4,788 MW of hard coal-fired power generation capacity may close on January 1, 2021 as part of a policy to take carbon-polluting capacity out of the market.

The average payment that operators will receive to shut their plants is 66,259 euros per MW. Germany has decided to completely abandon coal as a source of energy by 2038. Separate offset schemes for shutdowns in the separate brown coal-to-power industry, which encompasses domestic mining and burning of lignite, are still under review by the European Commission. The list of plants affected includes Swedish utility Vattenfall’s plant with two blocks A and B at Moorburg near Hamburg. The other plants out of a total 11 are Steag’s Walsum 9, RWE’s Westfalen and Ibbenbueren, Uniper’s Heyden, Suedzucker’s Brottewitz and Warburg, Infraserv Hoechst’s block HKW, Stadtwerke Bremen’s Kraftwerk Hafen block 6 and Pfeifer and Langen’s plant at Juelich.

 

 

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