The German government has agreed to pay nuclear power station operators 2.4 billion euros in compensation for losses suffered during the country’s early nuclear shutdown in the wake of the Fukushima disaster, ending a long legal battle. “The government has reached an agreement with EnBW, E.ON/PreussenElektra, RWE and Vattenfall,” Germany’s …
Read More »German Power Sector could Achieve 100% Renewables by 2040
On its planned path to climate-neutrality by the middle of the century, Germany could achieve complete decarbonisation of its power sector already by 2040 – and EU climate targets might even compel the country to greatly speed up the expansion of wind and solar power, government ministers have said at …
Read More »German Consumers to Pay more for Gas in 2021
Higher costs for gas infrastructure and the new CO2 price in the heating sector are set to increase gas costs for German households in 2021, consumer comparison site Verivox has calculated. The platform estimates a two percent increase in gas grid fees, amounting to eight euros more per average household …
Read More »German-Russian Resources Forum Discusses Joint Hydrogen Economy
Business and government representatives and researchers from Russia and Germany want to establish a bilateral cooperation on hydrogen, the German-Russian Resources Forum (DRRF) announced after a meeting on 28 August. “Germany was, is and will remain dependent on energy imports, and hydrogen will play a central role in energy and …
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