This weekend, Germany became the latest large European economy to lay out a plan to phase out coal-fired power generation, aimed at cutting carbon emissions—a metric in which Berlin has been lagging in recent years. A government-appointed special commission at Europe’s largest economy announced on Saturday the conclusions of its months-long review and proposed Germany to shut all its 84 coal-fired power plants by 2038 . While Germany will mostly seek to replace coal capacity with renewables, the country’s suppliers of natural gas expect to benefit from the coal exit because natural gas-fired capacity could offer steady supply. Norway, currently Germany’s third biggest natural gas supplier after Russia and the Netherlands, expects demand for gas in Germany to increase, Irene Rummelhoff, member of the executive committee and Executive Vice President, Marketing, Midstream & Processing (MMP) at Equinor, told Reuters last week, before the German ‘coal commission’ announced the conclusions […]