Germany’s coal phase-out plan unrealistic

MUNICH: The head of Germany’s industry lobby says the government may fail to phase out coal-fired power plants ahead of schedule because it lacks a strategy to provide incentives for the construction of new gas stations.

“It is extremely annoying that we could find ourselves in a situation where we have to continue operating coal-fired power plants for longer because there is not enough other reserve capacity,” German newswire DPA cited BDI lobby chief Siegfried Russwurm as saying.