Germany can reach 2020 climate target with three year delay – study
"Germany can reach its 2020 greenhouse gas reduction target with a delay of three years by taking 9 gigawatts (GW) of lignite-fired power plant capacity offline by 2023 without endangering power supply security, according to a study by Aurora Energy Research, commissioned by gas industry lobby association Zukunft Erdgas. By the time Germany shuts down its last nuclear power plant, the country’s total CO₂ emissions can be reduced by about 40 percent, compared to 1990, if lignite power plants are taken offline, while increasing less CO₂-intensive hard coal and gas-fired generation. This would lead to additional costs of 0.4 cent per kilowatt hour at most, compared to a business-as-usual scenario. According to Aurora Energy Research’s Hanns Koenig, shutting down up to 9GW of lignite capacity is possible using the existing gas plant fleet. “For the long-term coal exit, we would then need new thermal generation capacities,” he said.
Summers could be entirely powered by clean energy by 2050
"British summers could be entirely powered without fossil fuels by the middle of the century without breaking the economics of the energy market, according to a report. Analysts at Aurora Energy Research looked at how the wholesale power market would cope if the UK meets its target of slashing carbon emissions 80% by 2050. “Reaching a high renewables scenario can deliver Great Britain’s climate change targets without breaking the wholesale market,” said Aurora's Weijie Mak, a co-author of the report. However, he said if the country adopted a tougher approach of reducing emissions to zero, as ministers recently asked experts to consider, that would break the market because prices would go too low for companies.