Energy trading ensures central access to the wholesale markets for electricity, gas and fuels. As equal partners, we support our customers with our services and know-how in integrating their plants into the market - for example in the area of direct marketing. In view of the energy revolution, we are pushing ahead with the expansion of pumped storage plants. These can store the energy generated from the wind and sun, which is dependent on the weather and the time of day, in hydroelectric power and feed it back into the grid as required. This is a valuable contribution when it comes to successfully integrating renewable energies into our complex electricity supply grid.
We are safely dismantling our nuclear power plants. In Obrigheim, we started this back in 2005 and have gained extensive experience. In recent years, we have also been gradually dismantling the two nuclear power plants in Philippsburg and Neckarwestheim. Our last nuclear power plant currently in operation is GKN II in Neckarwestheim. It will be shut down by the end of 2022 at the latest. We are optimising our power plants, which are based on fossil fuels such as coal or gas, from a CO2 perspective. We will gradually phase out our coal-fired power plants by 2035. In recent years, we've already decommissioned 2,600 MW of capacity at our coal-fired power plants or transferred them to reserve power. For some of our plants, we are looking into switching to more climate-friendly gases (fuel switch). This will enable us to immediately reduce C02 emissions.
As a bridge to the "renewable future," we are essentially relying on natural gas. For instance, in the construction of the new gas-fired power plant in Stuttgart-Gaisburg, we achieved significant CO2 savings.
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