FRANKFURT (Reuters) – RWE (DE:) on Thursday said it would close its 1.5 gigawatt (GW) Aberthaw B power plant in Wales, adding market conditions for coal-fired power capacity in Britain have been challenging for some time.
Under the plans, Aberthaw Power Station, which directly employs about 170 staff, will be closed on March 31, 2020, nearly 50 years after it started operations. Talks with affected staff would begin right away, RWE said.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.