As a solution, the company may use this generating station only during periods of insufficient output when the facility’s owners would be compensated for its operation, reports Bloomberg.
Renewable energy boom in Germany is cutting running times at natural gas-fired power plants, and some operators are losing money by keeping them in operation.
B. Metzler Seel Sohn & Co. analyst Daniel Seidenspinner told the news agency, "Even state-of-the-art gas-fired power plants cannot be operated profitably. It highlights the huge change of the energy landscape."
E.ON owns 50.2% of the power plant, which according the three other shareholders, does not cover its own operating costs and should run only during times of peak demand.
