LEAG News & Analysis
1 article
Market Mood
0 Bullish1 Neutral0 Bearish

Germany's Electricity: 20% Currently from Coal Sources
Germany currently derives 20% of its electricity from coal power stations and aims to phase out coal entirely by 2038, with lignite's phase-out potentially moved to 2030. The country is the largest user of coal in Europe and has substantial lignite reserves, the largest in Europe. The German government is under pressure to reconsider coal usage due to rising natural gas prices, as gas accounts for 13% of its electricity. A statement from energy firm LEAG indicated support from the government for long-term energy security measures, emphasizing the country's self-sufficiency in lignite coal.
Read More