EU approves $1.75 bln German subsidy for lignite plants closure
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sxcoal.com48 words18 reads
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The European Commission said on Nov 18 that it has approved a 1.75 bln euros ($2.03 bln) compensation payment from Germany to power company LEAG for exiting coal by 2038. The utility supplied 7 GW of lignite-fired power to the country in 2024, or 10% of total.
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