Germany to Reactivate Coal, Oil Plants if Russia Cuts Off Gas -Bloomberg

The Datteln 4 coal-fired power plant operated by Uniper SE in Datteln, Germany, on Saturday, May 21, 2022. S&P Global Ratings last week downgraded Uniper to the lowest investment grade level, a move that could prompt lenders to restrict access to credit and peers to demand more collateral to back trades. (Bloomberg)

Arne Delfs, Bloomberg News

BERLIN
EnergiesNet.com 05 25 2022

Germany plans to reactivate coal and oil power plants if Russian President Vladimir Putin decides to cut off gas exports to the country.

Economy Minister Robert Habeck will present an emergency decree on Tuesday that will enable the government to reactivate plants that were supposed to be shut-off in line with Germany’s coal exit plan.

“This means that the short-term use of coal-fired plants in the electricity sector is made possible on demand, should the need arise,” according to the decree seen by Bloomberg.

The emergency decree will be valid until March 31, 2024.

bloomberg.com 05 24 2022

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