In the future, RWE will focus on electricity generation from renewable energy sources. Consequently, the company will no longer invest in newbuild coal-fired power plants. Plans for the BoAplus project, a lignite power plant at the company’s site in Niederaussem, have been cancelled.
The undertaking was an option to replace existing units with a new, more efficient power plant. Its implementation was subject to market conditions, which did not allow for the project to be realised in the last years.
Given the fact that renewables currently contribute about 40% to the German electricity mix, RWE is convinced that existing coal-fired power plants will be needed to provide back-up capacity, although their share in the electricity mix will decline gradually.
New power plants and storage will be required in order to ensure long-term security of supply for an industrial hotspot such as Germany. To this end, the company will invest in renewable energies, storage technologies and low-carbon technologies such as gas-fired power plants if market conditions allow for it.
RWE supports the European and national climate protection goals. In the last six years, the company has reduced its carbon dioxide emissions by some 60 million t. This corresponds to a 34% reduction since 2012.
Background information: BoAplus
In 2012, RWE had begun plannings for the BoAplus lignite-fired power plant, equipped with cutting-edge and extremely efficient technology, at its site in Niederaussem. The envisaged capacity was 1100 MW. The objective was to replace old power plant units with a combined installed capacity of 1200 MW with this single plant.
Read the article online at: https://www.worldcoal.com/power/30042019/rwe-cancels-plans-for-boaplus-project/