RWE pulls 3.1GW due to renewables

Major German utility RWE will be taking 3.1GW out of operation due to the renewable energy merit-order effect depressing prices.

This article was originally published on Lenz Blog.

RWE has announced in their latest report on their first six months results (press release in German) that they plan to take 3.1 GW of fossil fuel generating capacity off the market.

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