HomeWorld RegionsEuropeE.ON to shut down unprofitable gas plants

E.ON to shut down unprofitable gas plants

German utility E.ON AGà‚ FWB:à‚ EOAN plans to shut down three large gas-fired power plants in southern Germany, because the plants don’t operate profitably.

In total, E.ON plans to permanently shut-down gas power generation capacity of around 1500 MW, the Financial Times Deutschland has reported.

It adds that the E.ON plans could have serious consequences in terms of security of supply for southern Germany, where power generation capacity is relatively scarce following last year’s decision by the federal government to accelerate the planned nuclear energy exit.

Overall, German power generation capacity is adequate in terms of meeting demand, but power grid capacity to transport the electricity to customers is limited at present

The FTD also says that E.ON is in talks with the German energy grid regulator–the Bundesnetzagentur–over the possibility of retaining the three power plants that the company wants to shut down as reserve capacity.

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