The German government is to accelerate renewables deployment in line with its 65% 2030 target, as it moves to phase out coal generation.
In a bill launching this month, the country will commit to phasing out coal-fired power generation.
The legislative process is expected to be completed in the first half of 2020.
In order to compensate for the exit from coal-based electricity generation, the expansion of renewable energies will be ramped up in line with the 2030 target, the government said.
It will amend the EEG renewables legislation accordingly.
In a joint press statement with ministers Scholz and Schulze, federal minister of economics Peter Altmaier said: “A breakthrough came in yesterday’s talks at the federal chancellery.
“The decommissioning path has been unified and the framework for compensation has also been set up. We will thus be able to plan the era of coal-based electricity generation in a way that is economically reasonable. That’s a great success.”
The government has agreed, through talks with Germany’s lignite producers, a decommissioning path.
No further details on how renewables deployment will be accelerated were provided at this time.