2020-01-17 10:55:00
GERMANY'S PAYMENTS EUROS 26 BLN
REUTERS - The German government said on Thursday that energy-intensive companies who compete internationally can get an annual subsidy from 2023 to compensate for higher electricity costs caused by a planned coal exit law.
Government spokesman Steffen Seibert said in a statement that Berlin would also pay compensation to employees affected by the coal exit law until 2043.
The government will pay up to 14 billion euros ($15.61 billion) in financial aid to the affected states of Brandenburg, North-Rhine Westphalia, Saxony and Saxony-Anhalt until 2038, the spokesman said. Berlin would take further measures worth up to 26 billion euros to help brown coal regions until 2038 at the latest.
The loss of adjustable energy sources caused by the coal exit should be replaced by 2 additional natural gas-powered plant capacities at existing plants, for example at Jaenschwalde in Brandenburg, the spokesman added.
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Earlier:
2020, January, 13, 15:05:00
GERMANY'S WIND POWER UP BY 21%
Offshore wind power operators in the German North Sea raised generation capacity by 20.9% percent to 6,436 megawatts (MW) last year, grid company TenneT GmbH said on Monday, close to a government target for 2020 of 6,500 MW.
2020, January, 6, 10:27:00
GERMANY'S RENEWABLE ENERGY: 46%
Germany's economy is aiming for renewables to provide 65% of its power mix by 2030.
2019, December, 30, 11:10:00
GERMANY'S NUCLEAR DOWN
Germany decided in 2011 amid the aftermath of the Fukushima nuclear accident in Japan to immediately close reactors built before 1980 and reverse a planned run-time extension for modern nuclear plants by setting final closure dates.
