German utilities urge politicians to consider security of energy supply

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FRANKFURT (Reuters) – German utilities on Monday cautiously greeted the government’s new climate protection plan, but warned that increased support for renewables and gas plants was needed to ensure security of supply so that the combustion of coal is gradually phased out.

The draft deal released on Friday by the so-called “traffic light” coalition of business-friendly Social Democrats (SPDs), Greens and Free Democrats said ideally an exit from coal should be brought forward to 2030 from from 2038.

He called for more solar and wind power, as Germany also plans to phase out nuclear power by the end of next year. Ahead of the election, utilities said more clarity and funding for alternative forms of electricity would be needed.[POWER/DE]

“The exit from coal can only work with sufficient expansion of renewables and gas-fired power plants to ensure security of supply,” said the utility industry association BDEW.

Southwestern company EnbW echoed this.

“The date of 2030 is not unrealistic, but alongside massive and significantly faster renewable construction, we need new gas-power plants to balance the grids when there is a lack of wind and sun to cover bottlenecks. in the short term, ”he said.

EnBW added that it plans to convert fossil-fueled power plants into units ready to accommodate clean hydrogen derived from wind and sun in the distant future.

RWE said it welcomes the faster approval procedures for renewables, which it wants to go faster to leave behind its domestic lignite and imported coal business.

Activist shareholder Enkraft Capital said RWE needs to step up efforts to pull out of lignite or lignite operations, where RWE is active in both mining and production.

“In Germany there is a clear political and social consensus that the phase-out of lignite must be accelerated,” he said. “RWE’s board of directors always seems to be lagging behind.”

EnKraft said embracing the change made immediate sense.

“A purely renewable energy-oriented RWE will be rated significantly higher than the company in its current structure,” he said.

(Reporting by Tom Kaeckenhoff and Vera Eckert; editing by Jan Harvey)


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