Germany’s record-breaking renewables push fossil fuel plants to close
http://tcktcktck.org/2013/08/germanys-record-breaking-renewables-push-fossil-fuel-plants-to-close/56320
Germanys record-breaking renewables push fossil fuel plants to close
Tierney Smith August 22, 2013 0 Comments
Germanys renewable energy industry has again shown its strength, shattering through another solar power record, as utility company RWE announces it will close fossil fuel power plants as they are no longer competitive.
RWE said 3.1 GW of generating capacity would be taken offline, as it suspends or shuts down some of its gas and coal-fired power stations. This represents 6% of RWEs total capacity.
It said a boom in solar energy meant many of its power stations were no longer profitable.
RWEs statement read:
Due to the continuing boom in solar energy, many power stations throughout the sector and across Europe are no longer profitable to operate. During the first half of 2013, the conventional power generation divisions operating result fell by almost two-thirds.
German rival E.On has also said it has shut down or left idle 6.5 GW of generating capacity.
And as fossil fuels show signs of decline in Germany, the countrys record-breaking renewables sector continues to show its strength.
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