RWE to Close Aberthaw B Coal-Fired Power Station in Wales
01 August 2019 - 11:18AM
Dow Jones News
By Cristina Roca
RWE AG (RWE.XE) said Thursday that it is closing its Aberthaw B
coal-fired power station, citing challenging market conditions in
the U.K.
The German energy company said the proposed date of closure for
the 1,560 megawatt power station in Wales is March 31, 2020.
RWE employs around 170 people in Aberthaw, and will now begin
consultations with staff and representatives, it said.
The company said it will transfer Aberthaw's capacity market
agreements for the years through 2021, mostly to third parties but
also to other units within its fleet.
The decision to close the station will help the company toward
its goal of reducing its CO2 emissions, it said.
Write to Cristina Roca at cristina.roca@dowjones.com;
@_cristinaroca
(END) Dow Jones Newswires
August 01, 2019 05:03 ET (09:03 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Rwe (TG:RWE)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Rwe (TG:RWE)
Historical Stock Chart
Von Apr 2023 bis Apr 2024
