Germany Considers Extended Coal Power Use Amid Energy Crisis
Germany's Chancellor Friedrich Merz indicates the potential need to extend the operation of coal-fired power plants beyond planned timelines due to ongoing energy shortages. This consideration is crucial for maintaining industrial stability and energy security amid fluctuating electricity demands.
Chancellor Friedrich Merz stated that Germany may have to maintain existing coal-fired power plants longer than previously anticipated due to the energy crisis. The country aims to phase out coal and lignite power by 2038, but Merz emphasized the need for reliable power supply amidst possible shortages.
AI-curated by TheiaHe also highlighted the urgency in constructing new gas-fired plants at existing thermal sites and the potential of nuclear fusion and small modular reactors for future energy generation. Additionally, Merz discussed the significance of Syrian-German relations, particularly in the context of Syria's reconstruction and energy supply security, while acknowledging the risks of military escalations affecting global energy supplies. This dual focus on energy policy and international cooperation may influence investment decisions in both sectors.
Comments