RWE abandons plans for 1.1 GW lignite-fired power stati...

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Title	RWE abandons plans for 1.1 GW lignite-fired power station in Germany
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Detail	The utility claims that current market conditions are not ideal for the project, which has been under consideration since 2012. The power station was meant to replace existing lignite capacity, and according to RWE, it would have been more efficient. The company says that it will refrain from making further investments in coal capacity while increasing its focus on renewable energy and storage.
Country	International
Source	PV-Magazine
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Construction Coal and Lignite
Published Date	25.04.2019
Original Url	Original Url
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Title
RWE abandons plans for 1.1 GW lignite-fired power station in Germany
Detail
The utility claims that current market conditions are not ideal for the project, which has been under consideration since 2012. The power station was meant to replace existing lignite capacity, and according to RWE, it would have been more efficient. The company says that it will refrain from making further investments in coal capacity while increasing its focus on renewable energy and storage.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Construction Coal and Lignite
Published Date
25.04.2019
Original Url
Original Url
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