According to the German Environment Agency (UBA), Germany will not meet its climate targets for 2030. The country is forecast to achieve a 51% reduction in greenhouse gas (GHG) emissions by 2030 compared to 1990, reducing GHG emissions to less than 614 MtCO2eq in 2030, but missing by 70.7 MtCO2eq the target laid down in the Federal Climate Change Act (a 55% reduction to 543 MtCO2eq). The gaps to meeting the target amount to 33 Mt CO2eq in the transport sector, 17 MtCO2eq in the building sector and 11 MtCO2eq in the energy sector. Despite the introduction of carbon pricing in the heating and transport sector by the Fuel Emission Trading Act (BEHG) as of 2021, the climate protection measures adopted in the transport and building sectors will not be enough to meet their respective targets. The Federal Climate Change Act aims at a 55% cut in GHG emissions by 2030 compared with 1990 and prescribes how much CO2 each sector (energy, industry, transport, buildings, agriculture, waste, and others) can emit each year between 2020 and 2030.
As part of its Transmission Development Plan (TDP) for 2021 to 2030, the South African power utility Eskom plans to invest ZAR118bn (US$7.2bn) to add 5,650 km of high-voltage lines and 41,595 MVA of transformer capacity. The state-owned company intends to add 30 GW of new generation capacity over the next ten years. The new renewable generation capacity, which will constitute the bulk of capacity addition to 2030, tends to be located in areas with very limited network
Western Australia’s first Whole of System Plan, which provides a 20-year outlook on the future of the South West Interconnected System (SWIS), foresees that 520 MW to 890 MW of the state's coal-fired power capacity may face economic closure by 2025. The government plans to shut down the two units of the Muja C coal-fired power plant, which totals 392 MW, in 2022 and 2024. In addition, the 340 MW Collie power plant, which started operating in 1999, could be decommissioned. Western Australia forecasts that renewable generation will triple by 2040, with a strong uptake in wind power, and a potential gas-fired power plant if electricity demand rises significantly. Under all four modelling scenarios, over 80% of generation capacity is renewable by 2040.
Gazprom anticipates a nearly 15% decline in its gas sales to Europe from 199 bcm in 2019 to 170 bcm in 2020. In addition, the company’s average gas price in Europe is expected to reach US$130/1,000 cm in 2020.