Germany to allow carbon storage from gas-fired generation
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(Montel) Germany’s economy ministry will allow the capture and storage of emissions from gas-fired power plants but without subsidies, a draft law showed on Monday.
However, the ministry will prohibit the use of carbon capture and storage technology for coal-fired generation and reiterated its intention to phase out lignite and coal in power generation by the end of 2030, earlier than 2038 under current legislation.
“Market conditions will determine whether CCS will be used in the electricity sector under these conditions at all. In particular, it will depend on the development of carbon certificate prices in the EU emissions trading scheme and the development of hydrogen prices,” the ministry said in the draft.
The ministry said the EU’s biggest economy would focus on cutting emissions from industries such as cement and lime production and planned to introduce a subsidy scheme to help achieve its goal.
The economy and climate protection minister, Robert Habeck, said on Monday that CCS technology, along with carbon capture utilisation, was crucial for Germany’s climate goals and competitiveness of the industry.
The ministry plans to allow carbon storage offshore but not onshore. It expects the technology to be commercially available by 2030 and to cooperate mainly with North Sea nations like Denmark.
The ministry’s draft plan requires support from the German government cabinet and the parliament before it can come into force.
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