Germany has led European renewable investment across the last decade, transforming its power sector. But a large coal & lignite fleet have been an uncomfortable Achilles heel in the German decarbonisation plan. The future of German coal is rapidly coming to a head. Decarbonisation momentum in Germany is accelerating, as a pillar of the Covid economic recovery plan and with broad based political support. The simple fact is that Germany’s new 2030 emissions targets are inconsistent with its coal fleet closure timeline. In this article we set out why and what it may mean for the German power market. German courts made ... (full story)