Conventional power plants and international shareholdings
The share of controllable power generation based on conventional energy sources is steadily decreasing in the course of the energy transition, while the share of renewable energies in the electricity mix is steadily increasing. We are taking responsibility and have reduced our own domestic CO2 emissions by almost 85 percent between 1990 and today.
Nevertheless, conventional power plants will still be needed for the foreseeable future to ensure that the industrial nation of Germany succeeds in its transformation to largely emission-free but fluctuating energy generation and to guarantee security of supply.
With our hard coal-fired power plants in the Ruhr region and Saarland, we can cover around five percent of the total demand for electricity in Germany.
Six units are required as grid reserve power plants and some of them have to be maintained and operated until 2031. Only our Walsum 10 power plant is used on the market. Steag Power also operates a hard coal-fired power plant in Turkey.
We are sticking to our strategy of phasing out coal-fired power generation in the long term. And we are continuing to develop our sites with a focus on the energy transition and future technologies.