Tuesday, 22 January 2019

German industry calls for cap on energy transition costs

Open pit lignite mine in Hambach, NRW Open pit lignite mine in Hambach, NRW

Energy-intensive industries in Germany are pressing the government to limit the cost burden of the country’s green energy transition for their businesses. The much-discussed ‘coal exit’ will favour flexible gas power plants, but industries fear it could push up wholesale power prices by up to 50%.

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