Rising gas prices threaten Germany's coal phase-out timeline
By
John Laurenson
Summary
Germany, Europe's largest coal power user and fourth globally, has pledged to phase out coal by 2038 (and lignite by 2030), currently generating 20% of its electricity from coal. However, rising natural gas prices may challenge this transition, potentially forcing Germany to reconsider its coal exit timeline as economic pressures mount.
Source
bskyRising gas prices threaten Germany's coal phase-out timelinebbc.comKey quotes
· 3 pulledThey have a word for it in German – kohleausstieg, which means 'coal phase out'.
Germany is the biggest user of coal for power generation in Europe, and the fourth largest in the world after China, India and the US.
But it has pledged to stop using it altogether by 2038.
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