Eastern German lignite mining and power plant company Leag has received approval for up to 1 75 billion euros in state support to facilitate the "early" phase-out of coal-fired power production in eastern Germany This follows an agreement between the European Commission and the German government, confirming that the compensation payment aligns with EU subsidy regulations The funds will help Leag transition from fossil fuels and create new jobs in the Lusatia region ahead of the coal exit's final deadline in 2038
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Source and Credit: cleanenergywire.org
