Germany Drafts a Compensation Plan for Phasing-out Coal-Fired Stations

  • Jan 29, 2020 AEDT
  • Team Kalkine

German government draft plans to compensate for phasing-out the coal-fired power stations.

  • The government would distribute compensation of 165,000 euros per megawatt of energy from 2020 to 2022.
  • The draft law would subsidise for phasing-out coal-fired power generation, and the government foresees an annual decline of 25 per cent in the compensation.
  • The government also anticipates no compensation beyond 2026.
  • The draft law would be discussed at the cabinet today.



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