Friday, May 8, 2020

German coal capacity factor plunges

From Philipp Lotz, from the German energy thinktank Agora.

In Q1 2020, Germany's lignite fleet had an average capacity factor of only 34%. This is half of the traditional 65-70%. You don't need to be a psychic to see what this means for profitability... 



This decline in the capacity factor of the coal generating fleet is not confined to Germany.  As renewables continue to get cheaper, it will get worse for the industry, until there is no alternative to closing down coal power stations.

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