Germany

IEEFA Research

IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

An Acceleration to Renewables, Faster-Than-Expected Shifts Regionally and Nationally, Growing Risk for Investors Who Lag Behind

Three notable takeaways emerge from the rapid transformation of the global energy economy, as we detail in a new paper we published today as the landmark Paris Agreement officially goes into effect. The global transition to renewables is accelerating. Change is happening faster than expected. Those left behind in this transition face growing financial risk. […]

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IEEFA Europe: Blueprint for a Lignite Phase-Out in Germany

Foundation-Based Approach to Closure and Clean-Up; New Czech Owners of Vattenfall Assets in Lausitz Can Afford to Foot the Bill; a Timeline That Helps Local Communities Prepare for Transition

The recent “sale” by the Swedish state-owned utility Vattenfall of its German lignite assets throws a harsh light on a dark paradox: the continued use of the world’s most carbon-intensive fuel by a country with some of the most ambitious targets to tackle climate change. The deal transfers a cluster of lignite mines and their […]

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More News and Commentary

IEEFA Report: Three Timely Takeaways on 2016 Global Energy Transformation

An Acceleration to Renewables, Faster-Than-Expected Shifts Regionally and Nationally, Growing Risk for Investors Who Lag Behind

Three notable takeaways emerge from the rapid transformation of the global energy economy, as we detail in a new paper we published today as the landmark Paris Agreement officially goes into effect. The global transition to renewables is accelerating. Change is happening faster than expected. Those left behind in this transition face growing financial risk. […]

Read More →

IEEFA Europe: Seeds of an Industrial Alternative to Germany’s Regional Lignite Economies

In the Shadow of a Fading Industry, a Newer One Grows

In the same week that Germany’s economy minister, Sigmar Gabriel, ruled out a coal phase-out timeline until alternatives opportunities are in place for affected communities, Daimler broke ground on a major new electric vehicle battery factory 30 kilometers from the 1,500-megawatt Schwarze Pumpe power plant in the lignite mining heartland of Lausitz. Gabriel on Tuesday […]

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Czech Investors See Subsidies Still to Reap in European Coal Holdings

Kalina Oroschakoff for Politico Europe: Coal might be on its way out in Europe, but Czech energy company EPH thinks that there’s still money to be made in coal-fired power plants, which is why it’s snapping up mines and generating stations in Germany, Italy and the U.K. It’s part of a counter-intuitive investment play gambling […]

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A Gamble in Germany That Lignite Will Survive a National Electricity-Sector Makeover

From Gas to Power Journal: Pondering why the Czech-based companies EPH and PPF Investments have recently acquired all of Vattenfall’s former lignite power plant assets in eastern Germany, IEEFA data analyst Gerard Wynn suggests that the buyers don’t believe Germany will meet its 2030 emissions target. They think that another sector, not lignite, will bear […]

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IEEFA Germany: Climate Policy Probably Spells the End of Lignite

Czech Buyers of Former Vattenfall Holdings Are Banking on a Bailout

Coal is the highest carbon-emitting source of electricity, and lignite the highest carbon-emitting form of coal. Lignite is therefore front and center among risks facing investors from global efforts to slow climate change. Nowhere is this more true than in Germany, where lignite is still the single biggest source of power generation, accounting for one quarter […]

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Blueprint for a Lignite Phase-out in Germany

From CleanEnergyWire.com: Phasing out German lignite in the Lusatia region by 2030 can be financed by future owner EPH in a way that avoids a taxpayer-funded lignite bailout, according to a new report by Institute for Energy Economics and Financial Analysis (IEEFA). According to the “Foundation-based framework for phasing out German lignite in Lusatia”, the […]

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IEEFA Europe: Blueprint for a Lignite Phase-Out in Germany

Foundation-Based Approach to Closure and Clean-Up; New Czech Owners of Vattenfall Assets in Lausitz Can Afford to Foot the Bill; a Timeline That Helps Local Communities Prepare for Transition

The recent “sale” by the Swedish state-owned utility Vattenfall of its German lignite assets throws a harsh light on a dark paradox: the continued use of the world’s most carbon-intensive fuel by a country with some of the most ambitious targets to tackle climate change. The deal transfers a cluster of lignite mines and their […]

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In Passing German Lignite Assets to Czech Investors, Vattenfall Walks Away From a Mess

Philip Blenkinsop  and Barbara Lewis for Reuters: Regulators cleared on Thursday Swedish utility Vattenfall’s sale of German lignite power plants and coal mines in a deal that will see it divest some of the most polluting fossil fuel generation. The deal has whipped up controversy because the operations are being sold to a new operator […]

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On the Blogs: A Michigan ‘Pivot’ Toward Renewables

Codi Kozacek for Circle of Blue: Michigan’s largest electric supplier, DTE Energy, announced in June that it will retire eight coal-fired power units at three of its power plants over the next seven years. The plants generated a quarter of the utility’s electricity last year. Two months earlier, Consumers Energy, Michigan’s second largest electric utility, […]

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Why Vattenfall Is Dumping Its German Lignite Assets

From BulkMaterialsInternational.com: Vattenfall took the unusual step of breaking out separate results for its lignite business, ahead of its transfer of those assets (for a nominal fee) to a Czech-based partnership between energy company EPH and PPF Investments. The deal is expected to close next month. The Institute for Energy Economics and Financial Analysis (IEEFA) […]

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