Free NewsletterPro Login
S&P 500 6,287 +0.42%
DOW 44,521 -0.18%
NASDAQ 21,103 +0.71%
S&P 500 +12.4%
Briefs Finance Fund +24.8%
JOIN THE FUND →

Amprion CEO Calls for Moratorium on Coal Plant Shutdowns to Avert 24 GW Shortfall

Published Jul 2, 2026
[tts_player]
Share:
Summary:
  • Amprion CEO Christoph Müller recommended halting all further shutdowns of hard-coal plants until new power capacity comes online.
  • Germany is projected to have a shortfall of 10 to 24 gigawatts during high demand periods by the end of the decade.
  • The German government plans to start auctions for new gas-fired power plants in September 2026.

Germany wants to end coal power completely by 2038. But its grid operator now warns that rushing to close coal plants could leave the country in the dark. The operator says the power supply may become unreliable as early as the early 2030s.

This warning comes amid Germany's ongoing energy transition, the Energiewende, which has seen a rapid buildout of renewable energy sources. However, the intermittent nature of wind and solar generation necessitates reliable backup capacity. The country's emergency reserve fleet, currently dominated by coal-fired plants, provides a buffer, but its size may prove inadequate as the phase-out of coal accelerates and new gas plants are not yet online.

The Warning

Christoph Müller, CEO of Amprion GmbH, Germany's primary grid operator, proposed this during a Berlin event focused on supply security. Müller added: "No additional hard coal-fired power plants should be shut down until significant new capacity has been added."

Get your free investing masterclass bonus when you join Market Briefs, our free daily newsletter

Müller also warned that Germany's security of supply "could no longer be consistently guaranteed as early as the beginning of the 2030s without the existing reserves." All of Germany's nuclear reactors have been decommissioned. It is now closing coal plants to hit the 2038 coal-exit goal. That leaves the grid more dependent on wind and solar, which do not always produce power.

The Numbers Behind the Warning

The warning is backed by a projected gap between supply and demand. High demand periods mean the hours when people use the most power.

Germany already keeps an emergency backup fleet of power plants. That fleet has 8.8 gigawatts of capacity. Most of it - three quarters - comes from hard coal plants.

If the shortfall reaches 24 gigawatts, the backup cannot even cover one third of the gap. And if coal plants are shut down, the backup shrinks even more.

What the Government Plans to Do

Müller wants to keep existing coal plants online in the meantime.

Müller also proposed a change in how the Federal Network Agency, Germany's energy regulator, reviews coal plant closures. Currently the agency checks only for grid congestion. Müller wants it to also evaluate whether the overall generation capacity is enough before allowing more coal plants to close. He said: "The Federal Network Agency should not only assess whether grid congestion could occur, but also determine whether there is sufficient available generation capacity." If the regulator sees a shortage, it can order coal plants to stay in reserve.

Subscribe to Market Briefs, our free daily newsletter, and claim your bonus investing masterclass

Disclosure

Recent News

1 2 3 31

Get Market Briefs delivered to your inbox every morning for free!

No fluff. No noise. No politics. Just finance news you can read in 5 minutes.

Blogs

June 29, 2026
Portfolio Diversification: Why Putting All Your Eggs in One Basket Destroys Wealth
  • Real diversification means spreading investments across all 11 economic sectors plus bonds, alternatives, and cash so no single bet can sink the portfolio.
  • Different sectors perform at different times, so a diversified portfolio captures upswings while smoothing the brutal drawdowns that wipe out concentrated bets.
  • Total market index funds offer the simplest path to diversification, and annual rebalancing is what keeps the structure working over time.
Read More
June 29, 2026
Non Taxable Income: What It Is and Why It Matters
  • Non taxable income is money you receive that you don't owe income tax on.
  • The tax code treats workers, investors, and business owners very differently, and investors often come out ahead.
  • Learning how income is taxed is a quiet superpower for keeping more of what you earn.
Read More
June 29, 2026
Semiconductor Stocks: A Simple Guide for Investors
  • Semiconductor stocks are companies that design and make computer chips, the brains inside nearly every modern device.
  • The AI boom has turned chips into one of the market's most important and most watched groups.
  • They offer big growth potential, but come with high valuations and a notoriously cyclical history.
Read More
June 25, 2026
How Stocks Work: A Simple Guide for Beginners
  • A stock is a slice of ownership in a company - buy one, and you own a piece of the business.
  • You make money two ways: the share price rising over time, and dividends paid to shareholders.
  • The simplest path for most beginners is buying into the whole market through a low-cost index fund.
Read More
June 25, 2026
Stop Loss vs Stop Limit: What's the Difference?
  • A stop loss order sells your stock once it hits a trigger price, prioritizing getting you out.
  • A stop limit order only sells within a price range you set, prioritizing price over a guaranteed exit.
  • The trade-off: a stop loss almost always executes; a stop limit might not if the price moves too fast.
Read More
June 25, 2026
Energy Stocks: A Simple Guide for Investors
  • Energy stocks are companies that produce and supply the power the world runs on, from oil and gas to newer sources.
  • They make up one of the 11 sectors of the market and tend to move with energy prices and big-picture shifts.
  • Like any sector, the key is diversification and understanding the forces driving demand.
Read More
June 18, 2026
What Is a Stop Loss Order? A Simple Guide
  • A stop loss order automatically sells a stock once it falls to a price you set.
  • It's a tool to cap losses or lock in gains without watching the market all day.
  • It works best for active strategies, and can backfire if used carelessly on long-term holdings.
Read More
June 18, 2026
Best S&P 500 Index Fund: How to Choose One
  • The best S&P 500 index fund for most investors is simply the cheapest, most established one that tracks the index well.
  • Funds like VOO, IVV, and SPY all hold the same 500 companies, so the biggest difference is the fee.
  • Pick one, automate your buys, and let time do the heavy lifting.
Read More
June 17, 2026
What Are Penny Stocks? Risks and Rewards Explained
  • Penny stocks are very low-priced shares of very small companies, often trading for just a few dollars or less.
  • They promise huge gains but carry huge risks: low liquidity, high failure rates, and wild price swings.
  • Most investors are better served by quality companies and funds than by chasing cheap shares.
Read More
June 17, 2026
Best Stocks for Beginners With Little Money
  • The best stocks for beginners with little money usually aren't individual stocks at all - they're low-cost index funds.
  • You can start with $100 or less and use small, regular investments to build wealth over time.
  • Focus on diversification and consistency, not on picking the next big winner.
Read More
1 2 3 24
Share via
Copy link