German coal exit price gains ‘can be offset by RES savings’

摘要

A new report from the think-tank bases its assumptions on the new coalition’s agreed targets and has been presented to Germany’s coal commission, tasked with looking at a balanced phase-out that preserves security of supply and jobs. The study, modeled by Oxford-based energy research firm Aurora, concluded that closing coal capacity to a level that would meet Germany’s 2030 climate targets would lift the wholesale power price to €61/MWh, €4/MWh higher than under a “no additional measures” scenario. A parallel increase in the share of wind and solar power to 65%, as planned by the coalition, would reduce the price by €8/MWh to €53/ MWh, it said.