{"id":61490,"date":"2022-01-15T16:37:59","date_gmt":"2022-01-15T21:37:59","guid":{"rendered":"https:\/\/olduvai.ca\/?p=61490"},"modified":"2022-01-15T16:37:59","modified_gmt":"2022-01-15T21:37:59","slug":"germany-to-become-net-power-importer-for-the-first-time-since-2002","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=61490","title":{"rendered":"Germany To Become Net Power Importer For The First Time Since 2002"},"content":{"rendered":"

Germany To Become Net Power Importer For The First Time Since 2002<\/a><\/h3>\n
<\/picture><\/div>\n
\n

Europe\u2019s largest economy, Germany, is expected to become a net importer of electricity in 2023 for the first time since 2002 due to retiring coal plants and the nuclear phase-out, the International Energy Agency (IEA)\u00a0said<\/a>\u00a0on Friday.<\/p>\n

Germany plans to switch off all its remaining nuclear power generators\u00a0by the end of 2022<\/a>, while it will also retire a large portion of its coal-fired capacity fleet between 2022 and 2024.<\/p>\n

Recently, the country has said it would aim to\u00a0phase out coal by 2030<\/a>\u00a0\u2013 eight years ahead of earlier plans. The coal exit for Germany could be more difficult than in other European economies, because the country plans to phase out nuclear power generation by the end of this year.<\/p>\n

The new coalition\u2019s agreement in Germany includes, for example, the accelerated phase-out of coal\u2014if possible by 2030\u2014and the faster expansion of renewable energy, the IEA said in its Electricity Market Report – January 2022 published today.<\/p>\n

Germany\u2019s remaining nuclear capacity, which provided about 12 percent of total generation in 2021, is due to be phased out by the end of 2022. At the same time, some coal capacity is due to be retired according to the approved coal phase-out plans. Coal capacity is set to decline from 35 GW at the end of 2020 to 30 GW in 2022 and less than 26 GW in 2024, the IEA noted.<\/p>\n

The timing of Germany\u2019s nuclear phase-out and accelerated coal phase-out coincides with the ongoing\u00a0energy crisis in Europe<\/a>, where natural gas and power prices have jumped to record amid insufficient supply of gas and uneven wind power generation in northwest Europe, including in Germany.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n

 <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Germany To Become Net Power Importer For The First Time Since 2002 Europe\u2019s largest economy, Germany, is expected to become a net importer of electricity in 2023 for the first time since 2002 due to retiring coal plants and the nuclear phase-out, the International Energy Agency (IEA)\u00a0said\u00a0on Friday. Germany plans to switch off all its […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[1103,281,359,416,433,5332,14603],"class_list":["post-61490","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-electricity","tag-europe","tag-germany","tag-iea","tag-international-energy-agency","tag-oilprice-com","tag-tsvetana-paraskova"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61490"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61490\/revisions"}],"predecessor-version":[{"id":61491,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61490\/revisions\/61491"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}