SHARE
COPY LINK

ENERGY

Draft fracking law meets strong opposition

The cabinet agreed upon a draft law on “fracking” on Wednesday which will allow testing under stringent rules. But it is unclear whether the law will pass through the Bundestag (German parliament).

Draft fracking law meets strong opposition
An anti-fracking demonstration in front of the Chancellery on Wednesday. Photo: DPA

Under the law, proposed by the environment and industry ministries, fracking would be forbidden in environmentally sensitive areas, such as regions where drinking water is sourced. But it would not rule out commercial fracking at a later date.

Up until now no law has been passed on fracking in Germany. A proposed bill collapsed in 2013 after members of the Christian Democratic and Social Unions (CDU/CSU) objected to the lack of proper protection of water sources.

This proposal is also facing stiff resistance from inside the governing coalition as well as from the opposition Greens and Linke (Left) parties.

Several dozen CDU/CSU MPs are threatening to vote against it in parliament.

“In its current form the draft law is not something that many of my colleagues could vote for,” said CDU MP Andreas Mattfeld, who claimed that there are around 100 MPs in his faction who oppose the bill.

“We can't image that in Germany comprehensive testing will take place. We consider a limitation to make sense which takes geological conditions into consideration.”

In the Social Democratic Party (SPD) opposition centres on a planned commission which would give the green light for fracking projects once the testing phase is complete.

“I believe that the Bundestag should have the final say on this,” said SPD MP Frank Schwabe, adding that the planned commission was a concession to the gas firms.

The opposition Green Party have accused the government of preparing the way for fracking on a large scale.

“Germany needs a fracking ban," said party leader Anton Hofreiter. “On this day 15 years ago the renewable energy law was first proposed. To agree to fracking today demonstrates a regression in energy policy.”

Defending the draft law, Environment Minister Barbara Hendricks (SPD) told the Rheinische Post: “We are implementing strong controls, where previously no rules existed."

She said that she wanted to limit fracking to the extent that “no danger to people or the environment could continue to exist.”

Fracking is a process of injecting liquid into subterranean rock at a high pressure in order to create fissures from which unconventional energy sources such as shale gas can be extracted.

The process was pioneered in the USA where its implementation has led to decreases in global energy prices.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.

BUSINESS

France’s EDF hails €10billion profit, despite huge UK nuclear charge

French energy giant EDF has unveiled net profit of €10billion and cut its massive debt by increasing nuclear production after problems forced some plants offline.

France's EDF hails €10billion profit, despite huge UK nuclear charge

EDF hailed an “exceptional” year after its loss of €17.9billion in 2022.

Sales slipped 2.6 percent to €139.7billion , but the group managed to slice debt by €10billion euros to €54.4billion.

EDF said however that it had booked a €12.9 billion depreciation linked to difficulties at its Hinkley Point nuclear plant in Britain.

The charge includes €11.2 billion for Hinkley Point assets and €1.7billion at its British subsidiary, EDF Energy, the group explained.

EDF announced last month a fresh delay and additional costs for the giant project hit by repeated cost overruns.

“The year was marked by many events, in particular by the recovery of production and the company’s mobilisation around production recovery,” CEO Luc Remont told reporters.

EDF put its strong showing down to a strong operational performance, notably a significant increase in nuclear generation in France at a time of historically high prices.

That followed a drop in nuclear output in France in 2022. The group had to deal with stress corrosion problems at some reactors while also facing government orders to limit price rises.

The French reactors last year produced around 320.4 TWh, in the upper range of expectations.

Nuclear production had slid back in 2022 to 279 TWh, its lowest level in three decades, because of the corrosion problems and maintenance changes after
the Covid-19 pandemic.

Hinkley Point C is one of a small number of European Pressurised Reactors (EPRs) worldwide, an EDF-led design that has been plagued by cost overruns
running into billions of euros and years of construction delays.

SHOW COMMENTS