July 9, 2020 / 8:25 AM / 25 days ago

Uniper says it could consider earlier closure date for Datteln 4 plant

FILE PHOTO: General view of the Uniper's coal-fired power plant Datteln 4 in Datteln, Germany, January 26, 2020. REUTERS/Leon Kuegeler

FRANKFURT (Reuters) - German utility Uniper (UN01.DE) could consider closing its new hard coal-fired plant Datteln 4 earlier than the official exit date of 2038 if conditions for the company are right at the time, chief executive Andreas Schierenbeck told reporters.

The government recently passed a coal exit bill, under which closures currently due to take place by 2038 at the latest will be monitored and possibly revised in 2026, 2029 and 2032 if the country decarbonises its industries earlier.

Uniper is majority-owned by Finland’s Fortum FRTUM.HE, whose focus is on power generation from fossil-free sources.

Reporting by Tom Kaeckenhoff; Writing by Vera Eckert; Editing by Michelle Martin

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