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German State Awards €317 Million To Loss-Making Coal Plants
An analysis by Ember reveals that the first German national auction to accelerate the hard coal phase-out awarded €317 million in compensation to 11 plants, many of which were already economically unviable. The report argues that the German government is using public funds to close plants that would likely shut down due to market forces, while potentially accelerating the closure of newer, more efficient units over older ones.
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Document type: Research paper
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