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German cabinet backs CCS strategy
Germany moves a step closer to large-scale deployment with federal cabinet’s adoption of carbon management strategy and draft law changes
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Government proposes support for deployment in hard-to-abate sectors and commits to ratify key London Protocol amendment under long-awaited carbon management strategy
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Government expects to budget more than €10bn for subsidy programme in response to US IRA
Wintershall hunts for CO₂ storage in Egypt and Argentina
German oil and gas company actively screening potential offshore sites in both countries
Salzgitter secures €1bn in government finance for green steel
The first stage of its Salcos decarbonisation programme is due to start operations by end-2025
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The project will capture CO₂ from the Lengfurt cement plant in Germany and process it for use in the manufacturing, chemicals and food industries
An RWE windfarm in North Rhine-Westphalia
Germany RWE Solar Wind
Stuart Penson
7 December 2021
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RWE in €15bn German renewables push

Investment in local wind and solar projects comes as new German coalition government targets 80pc renewables by 2030

German energy company RWE is stepping up its push into renewables in Germany with plans to invest up to €15bn ($16.9bn) in wind and solar to 2030. The expansion will include setting up seven new regional offices across the country to focus on local projects, creating about 200 jobs, according to the Essen-based company. The new strategy, called ‘Tailwinds for Germany’, comes as the country’s new coalition government officially agrees to push ahead with its agenda, which includes boosting the share of renewables to 80pc from about 40pc currently. “RWE sees particularly strong potential for growth in Germany” Wuenschel, RWE A mainstay of the renewables strategy drawn up by the coalitio

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