Comments on: Proposal for a German coal phase-out https://energytransition.org/2016/01/proposal-for-a-german-coal-phase-out/ The Global Energiewende Thu, 21 Sep 2017 10:54:03 +0000 hourly 1 https://wordpress.org/?v=6.1.1 By: German election 2017: Where the parties stand on energy and climate change | Climate Change https://energytransition.org/2016/01/proposal-for-a-german-coal-phase-out/#comment-5952 Thu, 21 Sep 2017 10:54:03 +0000 http://energytransition.boellblog.org/?p=9747#comment-5952 […] and thinktanks have floated the idea of a coal phaseout timetable, as the UK is now committed to. Yet the idea […]

]]> By: heinbloed https://energytransition.org/2016/01/proposal-for-a-german-coal-phase-out/#comment-4638 Mon, 25 Jan 2016 19:44:17 +0000 http://energytransition.boellblog.org/?p=9747#comment-4638 German coal is already worthless reports the Swedish press today:

http://www.svd.se/vattenfalls-affar-kan-bli-en-jattebesvikelse

Machine translation:

https://translate.google.ie/translate?sl=sv&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.svd.se%2Fvattenfalls-affar-kan-bli-en-jattebesvikelse&edit-text=

( note that the prices reported are in SEK/Swedish Kronar, the exchange rate is roughly 10 SEK for 1 €)

Greenpeace wanted € 2 billion to take over the lignite.
STEAG offered € 300 million.
The three Czech want it for free – if at all.

What are the bets: will Vattenfall ad Moorburg and the atom power plants to make Greenpeace a successful bidder?

German power prices are in the free fall:

http://www.eex.com/en/market-data/power/futures/phelix-futures#!/2016/01/25

The German state’s coffers have to bail out the poor Eastern Germans. First the political Wende and now the Energiewende … Money for building power storage capacities – since they’ve burned the existing ones. But only for another 25 years:

https://www.rbb-online.de/wirtschaft/thema/braunkohle/beitraege/brandenburg-lausitz-braunkohle-Ausstieg-hendricks-stellt-Foerderung-in-Aussicht.html

Machine translation:

https://translate.google.ie/translate?sl=de&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=https%3A%2F%2Fwww.rbb-online.de%2Fwirtschaft%2Fthema%2Fbraunkohle%2Fbeitraege%2Fbrandenburg-lausitz-braunkohle-Ausstieg-hendricks-stellt-Foerderung-in-Aussicht.html&edit-text=

The heavy metals released in the atmosphere by burning fossil fuels make the brains work slow. For some parts of the country it takes 2 generations to arrive in reality – with the aid of wheelchairs.

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