No economic future for coal plant Jänschwalde due to new EU emissions limits - report
German coal-fired power plant Jänschwalde “probably has no economic future post-2021” because of new European Union limits on emissions for power plants, according to a report by US-based Institute for Energy Economics and Financial Analysis (IEEFA). IEEFA “question[s] the wisdom of the German state,” which had agreed to pay utilities to put old and inefficient lignite plants in a reserve. Against the votes of Germany, Poland and others, a regulatory committee of EU national representatives had agreed at the end of April on tighter limits that can now be formally adopted by the European Commission and would have to be met by 2021.
For background read the CLEW factsheet When will Germany finally ditch coal?