RWE CEO Schmitz considers new coal plants economically unviable
Berliner Morgenpost
Investments in new coal plants 鈥渨on鈥檛 pay off鈥� at today鈥檚 price levels, RWE鈥檚 new CEO Rolf Martin Schmitz said in an interview with Berliner Morgenpost. Asked whether the major German utility would continue to build conventional power plants after channelling its renewable energy business into the green spin-off innogy, Schmitz gave a pessimistic outlook for coal but said that 鈥渢hings are different for gas.鈥� However, the question of continuing investment in conventional power plants was 鈥渃urrently not on the table鈥� for RWE, he added.
For more information about the challenges for Germany鈥檚 leading energy providers, see the 麻豆无码版 dossier Utilities and the energy transition.
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