The Federal government of Germany has approved the key points of the structural funding programme for coal mining regions. The government will make available a €40bn financial support for the regions affected by the coal exit by 2038, to ensure the further development of the former lignite mining areas in the Lausitz region (accross Brandenburg and Saxony), west of Cologne in North Rhine-Westphalia and around Leipzig (Saxony), Halle and Helmstedt (Saxony-Anhalt).
Of the €40bn, German states (Länder) will receive up to €14bn for significant regional investments, while the remaining €26bn will be invested by the Federal government to increase the attractiveness of the coal mining regions (including by developing national transport infrastructure or by establishing national research institutions or authorities in the affected regions).
In 2007, Germany decided to phase out aid to black coal mines by 2018 and Germany decommissioned the Bottrop mine, its last bituminous coal mine at the end of December 2018. The country has decided to stop coal-fired power generation by 2038 at the latest, and approved €40bn in aid to coal-mining regions affected by the phase out.
Interested in Global Energy Research?
Enerdata's premium online information service provides up-to-date market reports on 110+ countries. The reports include valuable market data and analysis as well as a daily newsfeed, curated by our energy analysts, on the oil, gas, coal and power markets.
This user-friendly tool gives you the essentials about the domestic markets of your concern, including market structure, organisation, actors, projects and business perspectives.