EnergyWatch

Eurelectric: CO2 limit will slow down green development

Implementing a cap on CO2 emissions of 550 grams per KWh would be a costly affair for the electricity companies and this would also be an obstacle in the way of the green transition, warns Eurelectric.

Photo: /ritzau/AP/Martin Meissner/

As part of its Clean Energy package, the European Commission intends to implement a rule that new power plants may emit a maximum of 550 grams CO2 per KWh. Organization Eurelectric warns that this would have a big financial impact and put an obstacle in the way of the green energy transition.

A study done by the Compass-Lexecon for Eurelectric (The European Union of the Electricity Industry) shows that the law would lead to additional expenses for the energy sector of around EUR 50 billion in the 2020-2040 period, according to a press release from Eurelectric.

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