German power companies warned on Monday of a potential gap between conventional electricity capacity and demand by 2023 due to a phasing out of nuclear energy and highly polluting coal, and urged policymakers to help investors by rewarding new capacity. Germany, Europe’s largest economy, may retire 26,000 megawatts (MW) of electricity capacity by 2023 – the equivalent of 26 nuclear power stations – while probably adding only 4,650 MW according to current plans and building activity, the German energy industry association BDEW said.
Reuters 1st April 2019 read more »
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