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RWE would like to shut down a few coal power plants that are no longer profitable in the current distorted market. But the government, the very same technicall
by 08-15 8y ago
RWE would like to shut down a few coal power plants that are no longer profitable in the current distorted market. But the government, the very same technically illiterate government that fouled up the market in the first place, declared that to be illegal, because the plants are "relevant for grid stability".
> Boo-hoo for the incumbents, but it's good for consumers and good for society.
Right, the most expensive electricity anywhere in the world, except for Diesel powered islands, is good for customers.