Vogon Today

Selected News from the Galaxy

Economic Scenarios

“Green” Germany will have to import electricity from 2023

Europe's largest economy, Germany, is expected to become a net importer of electricity in 2023 for the first time since 2002, due to the withdrawal of coal-fired and nuclear phase-out, he said Friday the International Agency for ' energy (AIE).

Germany plans to shut down all of its remaining nuclear power plants by the end of 2022, while it will decommission its coal-fired generation capacity between 2022 and 2024.

Recently, the country said it will aim to phase out coal by 2030, eight years ahead of previous plans. Coal exit for Germany may be more difficult than in other European economies as the country plans to phase out nuclear power generation by the end of this year.

The new coalition deal in Germany includes, for example, phasing out coal, if possible by 2030, and faster expansion of renewables, the IEA said in its January 2022 Electricity Market Report published. today.

Germany's remaining nuclear capacity, which provided around 12% of total production in 2021, is expected to be phased out by the end of 2022. At the same time, part of the coal capacity is expected to be withdrawn according to the phase-out plans of the coal. Coal capacity is set to decline from 35 GW at the end of 2020 to 30 GW in 2022 and to less than 26 GW in 2024, the IEA noted.

The timing of Germany's nuclear phase-out and accelerated coal phasing coincides with the ongoing energy crisis in Europe, where natural gas and electricity prices have jumped to records due to insufficient supply. of gas and irregular generation of wind power in north-western Europe, including Germany.

The rebound of coal generation in 2021 and the phasing out of nuclear capacity mean that emissions from the electricity sector increased last year for the first time since 2013 (+ 17%) and could fall back below the level of the 2020 only in 2024. The paradox of a “green” policy which instead is increasingly “Black”, because it is based on approximation and demagogy. In the end it can't

Coal production in Germany is set to decline in 2023 and 2024 due to the retirement of coal-fired power plants, the phasing out of nuclear power, Germany's net importer status and expected higher gas production due to the continued increase. the competitiveness of gas versus coal, according to the IEA.

A trivial question: who will supply electricity to Germany? France has part of its nuclear plants under maintenance, Switzerland does not, Belgium is about to close their nuclear plants… don't you have any suspicions that someone will come to Italy to get cash?


Telegram
Thanks to our Telegram channel you can stay updated on the publication of new articles of Economic Scenarios.

⇒ Register now


Minds

The article “Green” Germany will have to import electricity from 2023 comes from ScenariEconomici.it .


This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/la-germania-verde-dovra-importare-energia-elettrica-dal-2023/ on Sat, 15 Jan 2022 07:00:08 +0000.