Power in Motion Energy refers to the capacity to do work or produce heat. It comes in various forms, such as chemical, electrical, mechanical, thermal, and more. This dynamic aspect of life fuels our everyday activities, from powering our phones to heating our homes. - Relief Among Countries Following Leag Compensation Talks
The Economic Minister from Brandenburg, Jörg Steinbach (SPD), labeled this as a pivotal moment, mentioning that the funding would provide a sense of security for LEAG's planning. In response, Thorsten Kramer, the head of LEAG's energy company, expressed his contentment for their achievements so far. It's crucial for them to proceed with the company's transformation. They intend to transition to renewable sources such as wind power and photovoltaics.
LEAG is in line to receive up to €1.75 billion in state compensation for the coal phase-out in the east, according to the Federal Ministry of Economics. This includes addressing social and ecological expenses as well as the profits LEAG would have made if they had followed through with the earlier coal phase-out agreement in 2038, as indicated by the EU Commission during their negotiations in Berlin.
