Utility RWE confirms bringing forward phaseout of lignite generation by 2030

Published 11:03 on October 4, 2022  /  Last updated at 18:28 on October 4, 2022  /  EMEA, EU ETS  /  No Comments

German utility RWE on Tuesday confirmed plans to end its lignite-based power generation in 2030, reaching a deal with Berlin to align with the government’s coal phaseout date even as the company receives state funding to bring coal operations out of reserve in the meantime.

German utility RWE on Tuesday confirmed plans to end its lignite-based power generation in 2030, reaching a deal with Berlin to align with the government’s coal phaseout date even as the company receives state funding to bring coal operations out of reserve in the short term.

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