S&P Global
Summary
The German city of Leipzig plans to invest Eur300 million ($330 million) in gas-fired generation, renewables and heat storage to exit lignite-fired heating supply by 2022, it said Monday.
Some 80% of the city's heat demand is currently provided by the Lippendorf lignite-fired power plant.
"2022 would be the best possible year for this [a lignite exit] as it is technically feasible, economically reasonable and ecologically determined," city mayor Burkhard Jung said.
Municipal utility Stadtwerke Leipzig plans to build 250 MW of generation capacity and 100 MW of storage capacity using a mix of technologies from gas to solar thermal, power-to-heat, biomass and waste, it said.
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