Page 15 - AsiaElec Week 46 2022

AsiaElec NEWSBASE’S POWER ROUNDUP GLOBAL (NRG POWER) AsiaElec

NewsBase’s Power Roundup

Global [NRG Power]

POWER WELCOME to NewsBase’s Power Roundup REM: Germany plans 50 GW of offshore wind
Global (NRG Power), in which the reader is by 2035
invited to join our team of international editors, An agreement has been reached in Germany
who provide a snapshot of some of the key issues for a higher goal of 50 GW of offshore wind
affecting their regional beats. We hope you will like installations by 2035. The goal had been 40
NRG Power’s new concise format, but by clicking GW. The agreement has been reached between
on the headline link for each section the full text the German federal government, the northern
will be available. German states and the transmission system op-
erators responsible for offshore wind grid con-
AfrElec: South Africa signs €600mn loan agree- nections.
ments with France, Germany to reduce reliance
on coal through just energy transition
France and Germany have signed loan agree- ENERGO: Poland to slow coal phase-out but
ments with South Africa for each to extend keeps 2049 exit date unchanged
€300mn ($301.5mn) in concessional financing Poland will slow down weaning its power sec-
to support the country’s efforts to reduce its reli- tor off burning coal but will nonetheless wind
ance on coal through a just energy transition to down mining in 2049 as planned, a govern-
cleaner energy sources. The loans are provided ment minister said on November 8. Poland is
by the French and German public development scrambling to ensure energy security amidst
banks, AFD and KfW, directly to the South Afri- challenges posed by the Russian invasion of
can government via its National Treasury, Min- Ukraine.
ing Weekly reported on November 9.

Week 46 15•November•2022 www. NEWSBASE .com P15