Lignite plants could be affected by rising CO2 prices – but not till the early 2020s
Die Welt
When CO2 prices rise to over 50 euros per allowance under the European Emissions Trading System (EU ETS), even lignite plants will struggle to remain profitable, writes Daniel Wetzel in an article for Die Welt. However, these plants, which are always connected to a lignite mine, will not stop operations prematurely, Wetzel says. Many of them will most likely have stocked up on emission allowances (EUA). German utility RWE, for example, has bought enough EUA (at around 7 euros per EUA) to last till 2022.
Read the article in German here.
See the CLEW article Rising CO2-price could trigger German coal phase-out in 5 years for background.
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