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    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    No New Coal Power Proposals in The Philippines

    No New Coal Power Proposals in The Philippines

    Germany passed the law to end coal-fired power generation by 2038

    Germany passed the law to end coal-fired power generation by 2038

    Toshiba aims to launch virtual power plants across Japan in 2022

    Toshiba aims to launch virtual power plants across Japan in 2022

    New England set for $12.9b renewables investment

    Global transformation of the electricity sector requires greater efforts to ensure security of supply

    World Nuclear Exhibition WNE 2020 postponed to 2021

    World Nuclear Exhibition WNE 2020 postponed to 2021

    New England set for $12.9b renewables investment

    EPRI Joins International Consortium to Overcome Barriers to Renewable Energy Integration

    US DoE announces $65m in new nuclear technology funding

    Rolls-Royce plans 16 mini-nuclear plants for UK

    Tesla Expanding Into Solar Microgrids And Virtual Power Plants

    Tesla Expanding Into Solar Microgrids And Virtual Power Plants

    Toshiba, Next Kraftwerke launch virtual power plant joint venture into Japanese market

    Toshiba, Next Kraftwerke launch virtual power plant joint venture into Japanese market

  • Market Moves
    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

    Ferroglobe Hydro power

    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

    UK renewable energy overtakes fossil fuels, despite Brexit fears

    Bolivia will invest US $ 2,560 million for electricity reserves

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    Tanzania plans to construct hydropower plants and transmission lines

    ABB and Statkraft to boost hydropower efficiency in Norway

    EDF Renewables North America Signs Virtual Power Purchase Agreement with Nucor Corporation

    New DNV GL class rules for floating offshore wind energy expands industry horizon

    Iberdrola strengthens commitment to Portugal with the latest photovoltaic auction

    Iberdrola strengthens commitment to Portugal with the latest photovoltaic auction

    Wartsila publishes open access interactive map indicating potential of cost-optimal 100% renewable electricity systems

    Siemens Gamesa wins big in Texas, USA with 325-MW onshore wind project

    EDF Renewables, Mitsui break ground on 87-MW wind project in Morocco

    EDF Renewables, Mitsui break ground on 87-MW wind project in Morocco

    RWE expands its renewables business in the Netherlands

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Germany passed the law to end coal-fired power generation by 2038

in News, Thermal Power
Germany passed the law to end coal-fired power generation by 2038

The Berlin parliament has passed the law to culminate the use of coal-fired power generation by the end of 2038. The news, however, was not taken well by climate activists who went on to heckle MP’s outside the parliament. The drawn-out timetable looks to be overstretched and will see coal plants being slowly & gradually be taken offline over a period of 18 years. According to the activists, this long rope looks more like an over-generous payment to energy companies which will go on to compensate for any loss in their profits.

As per the Economy Minister Peter Altmaier, the fossil fuel age in Germany is eventually coming to an end with this decision. The activists have, however, demanded a much faster timetable for the end of coal usage and have turned to take out demonstrations. In February this year, they had even gone on to occupy a plant called Dettelin-4 which was set to begin under the new law. They also have targeted two open cast coal mines last week.

Speaking on the occasion, opposition Greens Party leader Annalena Baerbock said that the day could have been historic but the current floated law does not include immediate protection that is needed in the present times. What intrigues the environmentalists, even more, is the provision of 4.3 billion euros which is set to flow to the power companies and also a 40 billion euros as government aid to regions that depend on mining. As per Michael Vassiliadis, the leader of the IG BCE Mining & Energy Workers Union, the exit has been debated for long and a more sustainable plan for building renewable energy sources ought to finally come up.

Germany is working effortlessly to reduce greenhouse gas emissions by 55% by 2030.

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