Germany is recommissioning some of its coal-fired power plants in order to compensate for a lack of Russian gas.
It adds that RWE Power — which focuses on lignite and nuclear power generation — extracts millions of metric tons of coal each year.
All of the above represents a hurdle for the Essen-headquartered business, which has said it wants to be carbon-neutral by the year 2040. A fossil fuel, coal has a substantial effect on the environment and Greenpeace has described it as "the dirtiest, most polluting way of producing energy." Coal combustion produces a slew of potentially dangerous"What is currently happening is … hopefully a short term issue where we need to find the security of supply," RWE's Müller said.
"And that's why, just from a corporate citizen's perspective, we feel it is our duty to support the German government in bringing back capacity in the short term — but to be very clear, it doesn't change our strategy," he added. "So while [in the] short term we have to burn additional coal, it needs to be clear that there needs to be an acceleration of building out renewables so that we still meet ... targets in the medium and long-term."
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