Germany embarks on ‘radical change’ to finance renewables
A government compromise in Berlin envisions radical changes to the country’s renewables subsidy approach, alongside creating the foundation for back-up power plants to underpin the coal exit.
coal exit
Brussels gives conditional approval for €1.7bn German coal exit subsidy
The German government announced on Tuesday (4 June) that it has received approval in principle from Brussels to allocate subsidies worth €1.75 billion to coal major LEAG but with the payout of one-third of the sum contingent upon future power and CO2 p…
G7 ministers agree 2035 coal exit, sextupled energy storage and ‘water coalition’
In Italy, G7 ministers agreed a coal phase out in the first half of the 2030s, agreed on their first-ever energy storage target, started difficult negotiations on climate finance past 2025 and founded a water coalition.
More climate and ‘an end date’ for coal: Poland’s new green tide arrives in Brussels
The new Polish government has announced its ambition to become a green player in Europe, backing a 90% greenhouse gas reduction target for 2040 and looking to pull forward the country’s coal exit.
Poland keeps coal phase-out target as top utility PGE seeks quicker exit
Poland is not planning a quicker end to using coal, the government said on Wednesday (30 August), criticising state-controlled utility PGE for bringing forward its carbon neutrality target by a decade to 2040.
France extends life of last coal-fired plants to avoid winter shortfalls
France will allow the functioning of its remaining coal-fired power stations until the end of 2024 to get through the winter safely, according to a decree recently penned by Prime Minister Elisabeth Borne and Energy Transition Minister Agnès Pannier-Ru…