German industry warns coal phase-out may take a while ...News

Russia Today - Economy
German industry warns coal phase-out may take a while
source : Russia Today ( News ) () 33
The plan to replace coal-fired plants by 2030 is “unrealistic,” lobby chief Siegfried Russwurm has warned Berlin’s plan to phase out coal-fired power plants ahead of schedule is likely to fail, the head of the German industry lobby BDI, Siegfried Russwurm, told reporters on Saturday. He said the federal government lacks a strategy to persuade private companies to construct new gas-fired stations within the next seven years. “It is extremely annoying that we could find ourselves in the situation of having to continue operating coal-fired power plants for longer because there is no sufficient other reserve capacity,

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