EnergyWatch

Eurelectric: CO2 limit will slow down green development

Implementing a cap on CO2 emissions of 550 grams per KWh would be a costly affair for the electricity companies and this would also be an obstacle in the way of the green transition, warns Eurelectric.

Photo: /ritzau/AP/Martin Meissner/

As part of its Clean Energy package, the European Commission intends to implement a rule that new power plants may emit a maximum of 550 grams CO2 per KWh. Organization Eurelectric warns that this would have a big financial impact and put an obstacle in the way of the green energy transition.

A study done by the Compass-Lexecon for Eurelectric (The European Union of the Electricity Industry) shows that the law would lead to additional expenses for the energy sector of around EUR 50 billion in the 2020-2040 period, according to a press release from Eurelectric.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted forced to delay coal phase out

The Danish authorities have ordered Ørsted to continue operations of one coal fired power plant and resume operations on two others until 2024. The utilty maintains aim of CO2-neutrality in 2025.

Further reading

Related articles

Latest News

See all jobs