08 May 2018

New delays at coal plant trigger Uniper profit drop

Uniper / Reuters / manager magazin

New problems at its Datteln 4 hard-coal power plant have caused a hefty impairment charge at German fossil power generator Uniper. First quarter adjusted EBIT was 350 million euros, down from 514 million euros in the same period a year earlier, the company said in a press release. According to a Reuters report, commissioning of Datteln 4 is “effectively delayed to summer 2020, nine years after it was supposed to enter service”. Datteln 4 is probably the last large coal power plant entering service in Germany, following the start-up of Vattenfall’s Moorburg plant in Hamburg 2014, according to manager magazine. About half of Uniper is owned by German energy company E.ON.

Find the Uniper press release in English here.

Read the Reuters report in English here and the manager magazine article in German here.

All texts created by the Clean Energy Wire are available under a “Creative Commons Attribution 4.0 International Licence (CC BY 4.0)” . They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.

New delays at coal plant trigger Uniper profit drop

Nigerians press for solar jobs and electricity, with little success

Energy policy dissatisfaction drives companies out of southern German industry state - survey

Sustainability reporting still a black box for many smaller companies in Germany – survey

Shipping green hydrogen to Germany is unviable strategy for basic industry decarbonisation - report

Energy transition requires 350,000 additional skilled workers in Germany by 2030 – analysis