UPDATE – Germany confirms plans to boost coal-fired power, incentivise industry to curb gas use, with other nations to follow suit

Published 21:32 on June 19, 2022  /  Last updated at 17:21 on June 20, 2022  /  EMEA, EU ETS  /  No Comments

Germany on Sunday advanced plans to bring reserve coal power plants back into regular use and to install a mechanism to reward heavy industry for using less gas as Russia has cut deliveries of the fuel, with signs that other nations are following suit.

(Updates with details of similar measures by Austria and the Netherlands to restart coal-fired power generation)

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