Baku/15.08.22//Turan: German energy giant RWE AG plans to increase the use of coal in power generation in the short term amid a decrease in gas supplies from the Russian Federation, Chief Financial Officer Michael Muller said in an interview with CNBC. The company remains focused on achieving zero emissions by 2040, Muller said.
"RWE supports the German government and other European governments in managing the energy crisis. Therefore, we will further increase coal capacity to cope with the situation," he said.
Last month, the European Commission approved a plan to reduce gas consumption by 15% by spring 2023, which includes measures to temporarily switch to coal, oil or nuclear energy.
RWE plans to use three lignite-fired thermal power plants from October in the overall electricity generation. -0--