The Japan Times - Dutch join Germany, Austria, in reverting to coal

EUR -
AED 4.048396
AFN 71.653352
ALL 90.750248
AMD 397.442801
ANG 1.973656
AOA 1011.960474
ARS 1704.382464
AUD 1.618965
AWG 1.984235
AZN 1.878376
BAM 1.951036
BBD 2.220877
BDT 137.480376
BGN 1.95499
BHD 0.417001
BIF 3319.209083
BMD 1.102353
BND 1.423304
BOB 12.873388
BRL 6.246268
BSD 1.102607
BTN 104.113285
BWP 15.450042
BYN 3.311509
BYR 21606.119128
BZD 2.223106
CAD 1.573113
CDF 2551.947633
CHF 0.923202
CLF 0.028075
CLP 1104.973024
CNY 7.354624
CNH 7.359975
COP 3659.778945
CRC 495.301355
CUC 1.102353
CUP 26.528073
CVE 110.401089
CZK 24.405329
DJF 196.830539
DKK 7.476493
DOP 67.240184
DZD 151.259414
EGP 58.978161
ERN 16.535295
ETB 181.421296
FJD 2.507137
FKP 0.834359
GBP 0.833065
GEL 2.855525
GGP 0.834359
GHS 12.925133
GIP 0.834359
GMD 81.574515
GNF 9793.0268
GTQ 8.429301
GYD 230.683524
HKD 8.648736
HNL 29.723081
HRK 7.531237
HTG 144.950397
HUF 364.882711
IDR 20101.848202
ILS 3.545943
IMP 0.834359
INR 103.891816
IQD 1675.704586
IRR 2109614.310597
ISK 136.615035
JEP 0.834359
JMD 174.650478
JOD 0.781612
JPY 176.084403
KES 143.361434
KGS 96.384792
KHR 4497.600695
KMF 492.752185
KPW 992.118101
KRW 1472.175962
KWD 0.34335
KYD 0.921103
KZT 492.691348
LAK 24881.068091
LBP 98983.270882
LKR 367.641006
LRD 187.910514
LSL 18.686451
LTL 3.254962
LVL 0.666803
LYD 7.125019
MAD 10.95393
MDL 20.078055
MGA 5022.013743
MKD 61.545168
MMK 2315.243938
MNT 3974.71339
MOP 8.933124
MRU 44.703122
MUR 52.494468
MVR 16.980358
MWK 1916.705245
MXN 20.433771
MYR 4.504329
MZN 70.444469
NAD 18.686451
NGN 1481.088858
NIO 40.680111
NOK 10.552253
NPR 166.581456
NZD 1.994668
OMR 0.424511
PAB 1.102607
PEN 3.76101
PGK 5.044014
PHP 70.506912
PKR 305.654336
PLN 4.405592
PYG 6843.288459
QAR 4.01725
RON 5.348511
RSD 117.465677
RUB 91.30685
RWF 1635.304475
SAR 4.217282
SBD 8.926521
SCR 15.295042
SDG 663.069392
SEK 11.106249
SGD 1.419063
SHP 0.830054
SLE 25.409646
SLL 23115.795624
SOS 631.701729
SRD 41.327623
STD 22816.481805
STN 24.500067
SVC 9.672026
SYP 14332.794295
SZL 18.681051
THB 37.34225
TJS 10.196728
TMT 3.858236
TND 3.316433
TOP 2.654202
TRY 55.485621
TTD 7.503021
TWD 36.257938
TZS 2926.90801
UAH 50.255138
UGX 4553.879273
USD 1.102353
UYU 44.690863
UZS 13292.036376
VES 1006.315196
VND 28358.582532
VUV 132.635217
WST 3.098258
XAF 655.957
XAG 0.022553
XAU 0.000284217451
XCD 2.979165
XCG 1.992105
XDR 0.779421
XOF 655.957
XPF 119.331742
YER 260.762006
ZAR 18.713826
ZMK 9922.503926
ZMW 22.599062
ZWL 354.957222
SSP 6553.90889
MXV 2.294737
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Dutch join Germany, Austria, in reverting to coal
Dutch join Germany, Austria, in reverting to coal / Photo: Ina FASSBENDER - AFP/File

Dutch join Germany, Austria, in reverting to coal

The Dutch joined Germany and Austria in reverting to coal power on Monday following an energy crisis provoked by Russia's invasion of Ukraine.

Text size:

The Netherlands said it would lift all restrictions on power stations fired by the fossil fuel, which were previously limited to just over a third of output.

Berlin and Vienna made similar announcements on Sunday as Moscow, facing biting sanctions over Ukraine, cuts gas supplies to energy-starved Europe.

"The cabinet has decided to immediately withdraw the restriction on production for coal-fired power stations from 2002 to 2024," Dutch climate and energy minister Rob Jetten told journalists in The Hague.

The Dutch minister said his country had "prepared this decision with our European colleagues over the past few days".

Germany however said it still aimed to close its coal power plants by 2030, in light of the greater emissions of climate-changing CO2 from the fossil fuel.

"The 2030 coal exit date is not in doubt at all," economy ministry spokesman Stephan Gabriel Haufe said at a regular news conference.

The target was "more important than ever", he added.

- 'More countries being squeezed' -

Russia's invasion of its pro-Western neighbour has sent global prices for energy soaring and raised the prospect of shortages if supplies were to be cut off.

Russian energy giant Gazprom has already stopped deliveries to a number of European countries, including Poland, Bulgaria, Finland and the Netherlands.

Germany's reliance on Russian energy imports has made it particularly vulnerable as Moscow looks for leverage against the West.

The Dutch are less reliant, depending on Russia for around 15 percent of their gas supplies compared to the EU average of 40 percent. But they are still concerned.

"I want to emphasise that at the moment there's no acute gas shortage," Dutch minister Jetten said. "However, more countries are now being squeezed (by Russia). That worries us."

The Dutch government said it was also making an "urgent appeal" to companies and business to save as much energy as possible ahead of the winter.

Germany's decision to power up its coal power plants came after Gazprom cut deliveries to Germany via the Nord Stream gas pipeline last week.

The move, presented by Gazprom as a technical issue, has been criticised as "political" by Berlin.

German Economy Minister Robert Habeck, a Green party politician, described the decision to revert to coal as "bitter, but indispensable for reducing gas consumption".

- 'Unexpected situation' -

Austria's government meanwhile announced Sunday that it would reopen a mothballed coal power station because of power shortages arising from reduced deliveries of gas from Russia.

The authorities would work with the Verbund group, the country's main electricity supplier, to get the station in the southern city of Mellach back in action, said the Chancellery.

The European Commission noted Monday that "some of the existing coal capacities might be used longer than initially expected" because of the new energy landscape in Europe.

"We know that the energy mix and the plans of member states will adjust slightly because we are in an unexpected situation," Commission spokesman Tim McPhie said at a press briefing.

Germany, Europe's largest economy, has managed to reduce the share of its natural gas supplied by Russia from 55 percent before the invasion to 35 percent.

The government has also mandated the filling of gas reserves to 90 percent ahead of the European winter at the end of the year, to hedge against a further reduction in supply.

Germany's government, a coalition between the Social Democrats, Liberals and Greens, aims "ideally" to close all coal power plants by 2030.

Their agreement, reached at the end of last year, brought forward the previous government's aim to shut the plants by 2038.

burs-dk/jhe/jj

Y.Hara--JT