Germany’s plan to exit coal could lead to power shortages early next decade as not enough new plants are being built. The phaseout of the world’s most widely used power fuel coincides with the ongoing shutdown program of nuclear plants and together they will remove almost a third of the capacity in Europe’s biggest market in the next three years. The shift away from traditional power sources is a key pillar of Angela Merkel’s environment policy focused on reducing carbon emissions, an area where Germany is lagging behind its 2020 target.
Bloomberg 10th May 2019 read more »
Germany, for so long the driving force for Europe’s renewables market, could put the EU’s renewables targets at risk thanks to a “collapse” in onshore wind farm development. That is the stark warning today from trade body WindEurope, which argued a drastic slowdown in new project development means the current rate of onshore wind deployment is “well below” what is needed to meet both Germany’s own target to source 65 per cent of its power from renewables by 2030 and its share of the EU’s 32 per cent target.
Business Green 10th May 2019 read more »