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27 Jan 2020, 14:20
Julian Wettengel

German lignite operator rejects media report on excessive compensation

dpa / Spiegel / 麻豆无码版

Eastern German lignite mine and power plant operator LEAG has rejected about excessive compensation payments for the shutdown of coal operations, . Citing a paper by research and consultancy organisation Institute for Applied Ecology (脰办辞-滨苍蝉迟颈迟耻迟) Spiegel reported that the shutdown schedule for lignite plants recently agreed to by the federal government, states and coal operators comes very close to what former owner Vattenfall had envisioned for its operations in Lusatia in plans from 2016. Thus, up to 1.75 billion euros in compensation could be paid for naught, Spiegel wrote. LEAG calls the claims 鈥渦nfounded鈥, and says the company鈥檚 official plans up until the new agreement were based on a concept from 2017 ().听

The agreed 4.35 billion euros in compensation payments for lignite operators are among the most contentious points of the coal exit agreement. News of the amount has led to rising share prices for western German lignite operator RWE. The 脰办辞-滨苍蝉迟颈迟耻迟 paper, seen by 麻豆无码版, compares an internal 2016 business plan by Vattenfall, the former owner of the lignite operations in the Lusatian region, with the phase-out agreement signed in January 2020. For the period until 2030 鈥 for which the government foresees compensation payments 鈥 differences in the two plans cancel each other out as some plants will be shut down earlier than planned and others later. Czech investor EPH agreed to buy Vattenfall鈥檚 lignite operations in 2016, which are now run by LEAG.

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