Photo: Moorburg
One of Germany's most modern coal-fired power stations will become a hydrogen project that will turn offshore wind energy into green hydrogen. The 1600W Moorburg power station in Hamburg closed July 7, just six years after it opened. It had stopped market operations at the end of 2020 and got compensation under Germany's coal exit law, which will shutter all coal-fired plants by 2038. Its closure is expected to reduce annual greenhouse gas emissions by up to eight million tons. However, the plant's profits dropped as the price rose for CO2 emissions under the European Emission Trading System (EU ETS).
|
|
More:
