“Germany to complete yet another coal plant“
German utility Uniper is set to put its new coal plant Datteln 4 into operation despite a dire outlook for the industry in the country, Craig Morris writes on energytransition.org. “With a billion euros already sunk in the plant, Uniper’s decision to proceed is understandable,” Morris writes. But given that coal use in Germany decreased in 2016, the last coal plants in the country could go out of service by 2038 if current trends are sustained, he explains. “Political pressure remains for a coal phase-out, but market forces may be moving faster,” Morris writes, adding that a downward trend of wholesale power prices could make Datteln 4 unprofitable within its first decade in operation.
Read the article in English here.
For more information, see the CLEW factsheet When will Germany finally ditch coal?