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On August 28, local time, the German government approved a plan to invest 40 billion euros in the next 20 years to reduce the impact of the country's complete elimination of coal-fired power generation
.
German Economy Minister Peter Altmaier said the funding would be phased in after lawmakers passed legislation to determine the terms and timing of Germany's exit from coal
.
These details are expected to be worked out and announced
in the coming months.
The funds will be used to support transport infrastructure and increase access
to broadband communications.
The plan also includes setting up research institutes and federal offices in areas affected by the closure of coal plants, with some funding earmarked for black coal-fired power stations
.
A working group appointed by the government in January recommended that Germany end all coal-fired power generation
by 2038.
A third of Germany's electricity comes from coal, and the last deep-shaft black coal mine was closed
in December 2018.
However, open-pit lignite or lignite mines are still operating
.
Lignite is considered dirtier than black coal, but is relatively cheap
to extract.
According to a study commissioned by the Ministry of Economics of North Rhine-Westphalia, Germany's most populous state, the Institute for Energy Economics (EWI) at the University of Cologne, the country's recommended pathway to ending coal-fired electricity will push Germany to meet national electricity generation emission reduction targets
by 2030.
Recommendations for phasing out coal-fired power generation announced earlier this year include decommissioning 12.
7 GW of coal capacity by 2022 and cutting another 13 GW to 17 GW
by 2030.
In 2014, three years after Japan's Fukushima disaster, Germany said it would shut down all of its nuclear power plants
in 2022.
The World Nuclear Association said Germany gets about 12 percent of its total electricity supply
from the country's seven nuclear reactors.
Germany today generates more energy than it needs and exports excess electricity to neighboring countries
.
There are concerns that the country's shift to more renewable energy generation will not be able to replace current generation, especially for
the country's energy-intensive manufacturing sector.
On August 28, local time, the German government approved a plan to invest 40 billion euros in the next 20 years to reduce the impact of the country's complete elimination of coal-fired power generation
.
German Economy Minister Peter Altmaier said the funding would be phased in after lawmakers passed legislation to determine the terms and timing of Germany's exit from coal
.
These details are expected to be worked out and announced
in the coming months.
The funds will be used to support transport infrastructure and increase access
to broadband communications.
The plan also includes setting up research institutes and federal offices in areas affected by the closure of coal plants, with some funding earmarked for black coal-fired power stations
.
A working group appointed by the government in January recommended that Germany end all coal-fired power generation
by 2038.
A third of Germany's electricity comes from coal, and the last deep-shaft black coal mine was closed
in December 2018.
However, open-pit lignite or lignite mines are still operating
.
Lignite is considered dirtier than black coal, but is relatively cheap
to extract.
According to a study commissioned by the Ministry of Economics of North Rhine-Westphalia, Germany's most populous state, the Institute for Energy Economics (EWI) at the University of Cologne, the country's recommended pathway to ending coal-fired electricity will push Germany to meet national electricity generation emission reduction targets
by 2030.
Recommendations for phasing out coal-fired power generation announced earlier this year include decommissioning 12.
7 GW of coal capacity by 2022 and cutting another 13 GW to 17 GW
by 2030.
In 2014, three years after Japan's Fukushima disaster, Germany said it would shut down all of its nuclear power plants
in 2022.
The World Nuclear Association said Germany gets about 12 percent of its total electricity supply
from the country's seven nuclear reactors.
Germany today generates more energy than it needs and exports excess electricity to neighboring countries
.
There are concerns that the country's shift to more renewable energy generation will not be able to replace current generation, especially for
the country's energy-intensive manufacturing sector.
