Overview
- Germany's accelerated coal phase-out by 2030 is challenged by the need to build significant capacity in hydrogen-ready natural gas power plants.
- UK's capacity auction for power plants has led to record subsidies, with a significant portion awarded to gas plants, amid efforts to ensure backup power.
- Warnings from Germany's Environment Agency highlight the risk of social unrest due to rising carbon prices affecting low-income households.
- The German government's plan to finance gas-fired plants as part of the coal exit strategy faces scrutiny over its adequacy to replace coal power by 2030.
- Europe's largest economy grapples with balancing climate commitments and social equity, as the transition imposes financial burdens on consumers.