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German utility RWE announced this week that it was cancelling plans to build a new coal-fired power plant in the western German state of North Rhine-Westphalia and would no longer build new coal plants. 鈥淚n the future, RWE will focus on electricity generation from renewable energy sources. Consequently, the company will no longer invest in new coal-fired power stations,鈥� the company said in a press release (). The project, called BOAplus, was originally planned as a 1,100 MW lignite power station to replace older, less efficient units at the company鈥檚 site in the city of Bergheim. The company says 鈥渕arket conditions [鈥�] did not allow for the project to be realised in the last years.鈥�
The Frankfurter Allgemeine Zeitung (FAZ) reports that the decision was prompted by this spring鈥檚 report from Germany鈥檚 coal commission, which recommended that Germany phase out coal entirely by 2038. 鈥淚t took a while, but now RWE has realised that new coal-fired power plants in Germany no longer have a future,鈥� Helmut B眉nder writes in the FAZ. 鈥淲ith the report of the coal commission鈥�the project was not only economically but also politically finished.鈥�
The RWE press release does not mention the coal commission鈥檚 report. In a statement included in the release, CEO Rolf Martin Schmitz says the company, which was built largely on coal, now believes its future lies beyond coal power. 鈥淣ew coal-fired power stations no longer have a place in our future-oriented strategy,鈥� Schmitz stresses, noting that once RWE completes a planned asset swap with the utility E.ON, it will become 鈥渙ne of the world鈥檚 leading renewable energy players.鈥�