Germany's RWE says it won't invest in new coal power plants
BERLIN (AP) — German energy company RWE says it won’t invest in new coal-fired power stations and is scrapping plans for a lignite-fired plant in western Germany.
RWE, which operates several of Europe’s most-polluting power plants, said in a statement Friday that it will now focus on generating electricity from renewable sources. CEO Rolf Martin Schmitz said that “new coal-fired power stations no longer have a place in our future-oriented strategy.”
The company said it canceled plans for a possible lignite-burning plant at Niederaussem, near Cologne. However, RWE said it is “convinced that existing coal-fired power stations will be needed to provide backup capacity” as Germany switches to renewable energy.
A German government-appointed expert panel recently agreed that coal burning should end by 2038. Details of how that will be achieved remain sketchy.
The Western Journal has not reviewed this Associated Press story prior to publication. Therefore, it may contain editorial bias or may in some other way not meet our normal editorial standards. It is provided to our readers as a service from The Western Journal.
Truth and Accuracy
We are committed to truth and accuracy in all of our journalism. Read our editorial standards.
Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. Advertise Today.
