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Energy transition : What is the carbon cost of exit?

What is the carbon cost of exit? A simple question, but the heads of the coal Commission's block. "I'm not on the total bill, what is the exit strategy from Coal costs," said Ronald Pofalla, railway Board, and one of the four chairmen of the Commission, which submitted on Saturday their recommendations to the policy.

The Commission wrote a total sum in the final report. This means with other words: nothing is settled yet, the Haggle is only now really. However, you can still roughly tell what it is going to cost a lot.

structure of the regions

Four States affected by the coal exit because there are brown-coal areas, and not only coal-fired power plants: Saxony, Saxony-Anhalt and Brandenburg in the East of North Rhine-Westphalia in the West. A total of about 20 000 Employees work according to the brown coal Association Debriv in the coalfields. The countries and especially from the coal exit the affected regions should have over a period of 20 years, 40 billion euros from the Federal government.

Backed up the sum of a state contract for future Federal governments binding.

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But beyond that, the Federal government should ask the countries of 700 million euros per year, to hedge about 20 years, regardless of your concrete projects. So that's still a 14 billion Euro. There is also a programme of the Federal government in the amount of 1.5 billion euros annually by 2021. Money stand in the Federal budget, said the economy Minister Peter Altmaier (CDU). Ergo: Another 4.5 Billion. The price tag for structural assistance is already to about 60 billion euros of expenditure. In dry cloths, this is not, of course. On Thursday want to meet the Prime Minister, of the coal countries, to discuss with German Chancellor Angela Merkel (CDU) for details.

help for employees

For Employees in the opencast mines and power plants, of 58 years, the need to bridge the time until retirement, there shall be an adjustment of money – as well as a balance of pension loss. It could cost five billion euros, could shoulders, the employer and the state together.

operations-related redundancies should be prevented. For younger workers, education and training measures, placement in other Jobs and financial assistance for loss of Wages.

Higher electricity prices

cushion to Take power plants out of the market, decreases the offer – and the prices are on the rise, both for industry and households. But the Problem is: How, exactly, the effect is very difficult to estimate. The business associations had painted prior to the agreement is a horror scenario, the additional cost of providing for 2030 of up to 54 billion euros, but only if the price of gas rises and the price of coal is dropping – which is rare. 14 billion it would be expected about seven years, when the development is normal.

The coal Commission in their recommendation to this order of magnitude. "From today's perspective, a grant in the amount of at least two billion euros per year to compensate for this increase," - stated in the final report. For example, by the current network Gent is applicable to be funded. The Federation of German consumer organisations (VZBV) is a Reform and reduction of electricity costs.

in Addition, the energy-intensive industries will need to buy to be relieved permanently of the costs caused by the price of CO2 pollution rights, the coal - and gas-fired power plants. A compensation of these indirect costs, there are already, she runs to 2020.

The government intends to apply for an extension in the EU. So far, 300 million euros per year flow almost, so on the ten-year period by a further three billion euros.

compensation for operator

Finally, there should be money for the operators of the power plants, the sooner the network. 600 million euros per Gigawatt lignite an order of magnitude, which makes the round, and 200 million in the case of coal. This would be in addition to the three gigawatts of brown coal (the equivalent of three large power plant units) to 1.8 billion euros, four gigawatts of coal would amount to 800 million euros.

final invoice

in Total, therefore, around EUR 90 billion in payments in one Form or another in the conversation. An amazing sum, in view of the fact that the Coal phase-only a few years, experts project a maximum of ten, is preferred. Because of the EU emissions trading scheme that reduces the emitted amounts, makes the coal anyway, in perspective, uneconomic.

In the UK, for example, the government has set out to strengthen this Instrument through a supplementary CO2-price. Thus, the share of Coal-generated power decreased within five years of about 40 percent – so, as much as in currently in Germany – at least seven percent.

More about

the concept of the coal Commission, The expensive solution to the coal exit

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Federal Minister for economic Affairs, Peter Altmaier, according to which there should be no new debt or tax increases to Finance the German coal-compromise. Besides, no one should be in the price of Electricity over the fee charged, said the CDU politician on Monday in Berlin. This is a "difficult task", which is the policy now. Thoughts on the financing of the Coal phase-out will now also Finance Minister, Olaf Scholz (SPD).

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