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Uniper to demand meaningful compensation for Datteln 4 plant

Power News - Published on Thu, 14 Mar 2019

Image Source: reuters.com
Reuters reported that Uniper will seek meaningful compensation for its new 1.5 billion euro (USD 1.7 billion) Datteln 4 coal-fired power plants should the German government ask keep the station off the grid as part of an agreed plan to phase out coal. Chief Financial Officer Christopher Delbrueck told analysts that "Our base case scenario is to complete the plant and run it until 2038.”

Uniper plans to start commercial operations at Datteln 4, which has been plagued by several delays, in summer next year. Germany in January announced efforts to phase out coal-fired power generation by no later than 2038.

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Posted By : Rabi Wangkhem on Thu, 14 Mar 2019
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