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EU clears 1.75 billion euro compensation for eastern German coal exit

Germany's economy ministry said it won the European Commission's clearance in principle to compensate power company LEAG with up to 1.75 billion euros ($1.90 billion) for exiting coal by 2038, part of Berlin's efforts to speed up decarbonisation.

read more... 05/06/2024


EU court rules Poland must pay €68m bill in Turow coal mine case

Warsaw will have to pay €68 million in EU fines over the continued operation of the Turow coal mine despite court orders to the contrary, the EU’s lower court ruled, Wednesday (29 May).

read more... 30/05/2024


G7 discussing 2035 end date for coal-fired power plants

Energy ministers from the Group of Seven wealthy countries meeting in Italy are discussing setting a common target date of 2035 to shut down their coal-powered power plants, a source close to the matter told Reuters on Monday.

read more... 30/04/2024


Germany shuts down 15 coal-fired power plants

Germany shut down 15 coal-fired power plants over Easter to ensure that the country would meet its climate neutrality targets, with Economy Minister Robert Habeck saying that the plants were “neither necessary nor economical”.

read more... 02/04/2024


Germany shutters seven coal power plants as energy crises eases

Seven lignite-fired power plant units with a combined generating capacity of 3.1 gigawatt will be shut down in Germany at the end of March after the plant’s planned decommissioning was postponed due to the 2022 energy crisis.

read more... 27/03/2024