Largest Biomass Incinerator in the World Shuts Down
- by Jan Hromadko, July 8, 2013. Source: Euro Investor
RWE AG (RWE.XE) said Monday it has abandoned plans to extend the operating life of the world's largest biomass-fired power plant, citing poor energy demand, low power prices and a heavy debt load for forcing the German utility to cut back on spending.
The 750-megawatt power plant in Tilbury, located east of London on the river Thames, is now expected to be shut down at the end of October, the company said.
The former coal-fired Tilbury plant was converted into a 100% biomass-fueled facility in 2010 in anticipation that it could operate longer than presently allowed under European Union climate protection legislation, known as the Large Combustion Plant Directive, or LCPD.