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The closure of the coal mines of Germany allocated EUR 40 billion

Mining industry / Europe

Federal government of Germany reached an agreement with the regions most affected by the plan to phase out use of brown coal or lignite for its power plants.

The closure of the coal mines of Germany allocated EUR 40 billion

the Government of Federal Chancellor Angela Merkel wants to close all coal plants Germany no later than 2038 under the measures aimed at achieving the reduction targets of greenhouse gas emissions by 55% from 1990 levels by 2030.

In a three-page agreement dated January 15, stated that Merkel and the heads of Brandenburg, Saxony, North Rhine-Westphalia and Saxony-Anhalt agreed on a plan for the decommissioning of facilities using brown coal. The closure of plants will mean the closure of the mines, which increases the economic cost of the shutdown.

the document also States that in 2026 and 2029 years the German government will consider the question of adequate energy production from renewable or alternative sources to see if alternative energy to replace coal.

Germany is the world's largest producer of brown coal, which provides about 19% of electricity generation in the country. However, fuel is the most polluting form of coal, because its low heat content means that you need to burn more, and it contains large quantity of impurities, such as toxic chemicals.

the German Government plans to use a combination of grants and tenders to encourage operators to shut down their plants running on coal, starting this year.

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