Vattenfall to phase-out 1,000 MW lignite capacity
Vattenfall has agreed to phase out 1,000 MW lignite power capacity, corresponding to 8 million tonnes of CO2-emissions. Two 500 MW plants will be taken out of regular operation 2018 and 2019 – remaining on stand-by during a transition period to guarantee security of supply.Vattenfall’s Board of Directors on Monday endorsed Vattenfall’s share of an agreement reached between the German Ministry of Economy and lignite operators to reduce lignite power capacity by 2,700 MW until 2020 – as part of Germany’s climate protection action programme.Within this framework, Vattenfall agrees to phase