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Tag: Shutdown

Companies Accelerate Shutdown of Chilean Coal Plants

January 2, 2021
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The post Companies Accelerate Shutdown of Chilean Coal Plants appeared first on POWER Magazine.

Italy’s Enel is decommissioning one of its coal-fired power plants in Chile two years sooner than originally planned, with the unit’s closure coming two days after the Chile-based unit of a U.S. utility announced it would accelerate the closure of a pair of coal-fired power plants in the country.

Enel on Dec. 31 is closing its 128-MW Bocamina 1 coal-fired power station. The company also is awaiting authorization from Chile’s National Energy Commission (CNE) to close its 350-MW Bocamina 2 plant in May 2022.

AES Gener on Dec. 29 said it would close both the 120-MW Ventanas 1 and 220-MW Ventanas 2 coal-fired generating facilities ahead of schedule, with Ventanas 1 going offline immediately, and Ventanas shutting down in 2022, instead of 2024 as originally scheduled. The Chilean government over the past year has been working with several generators in the country, including AES Gener, Enel, ENGIE, and Colbun, to gradually phase out coal-fired power generation in the South American nation.…

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Germany Must Pay Nuclear Firms Compensation for 2011 Shutdown

December 6, 2016
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Germany’s highest court ruled on November 6 that energy firms E.ON, RWE, and Vattenfall have a right to seek compensation as a result of the 2011 decision to prematurely shut down the country’s nuclear fleet.

The Merkel government’s order in the wake of the Fukushima disaster, in which three Japanese reactors melted down as a result of damage from a 9.0 earthquake and tsunami, was deeply controversial and continues to reverberate across Germany’s energy landscape. Eight of the nation’s oldest 17 nuclear reactors were shut down immediately, with the others slated for retirement by 2022 (Figure).

GermanyE.ON’s Grohnde nuclear plant in Lower Saxony is one of the best-performing units in Germany’s fleet. It is slated to retire by 2022. Courtesy: Heinz-Josef Lücking/Wikimedia

Abrupt Turnaround

The German Constitutional Court said the order itself was legal, but because it impacted the companies’ property rights in their plants, the government was obligated to pay compensation. Part of the decision was based on agreements the government had reached with the firms a few months earlier to extend lifetimes for the reactors well beyond 2021.…

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