Power Market Structure

Conventional Energy Production Becoming Less Profitable

Back in March it was first reported by the major German TV network ARD (Tagesschau.de) that German utility E.ON was contemplating mothballing one of the most efficient power plants in Europe, a gas-fired high-efficiency combined-cycle gas turbine (CCGT) power plant called ‘Irsching 4 and 5’ in the southern state of Bavaria – which only went… Keep reading →