Germany ’s RWE has cancelled a planned coal - fired power station as it moves towards a renewables - focused strategy . The utility announced plans to replace coal - fired units at the Niederaussem power plant with a lignite power station , with CEO Rolf Martin Schmitz stating such policies " no longer have a place " in the company 's roadmap . it will introduce clean energy generation , with an intention to build 2 - 3 GW of renewable capacity annually , following an asset swap with EON , which will make RWE Europe 's largest renewables developer . It utilities , however , continue to invest in gas - fired power .
Germany’s RWE has cancelled a planned coal-fired power station as it turns towards a renewables-focused strategy. The utility abandoned plans to replace coal-fired units at the Niederaussem power plant with a lignite power station, with CEO Rolf Martin Schmitz stating such policies "no longer have a place" in the company's roadmap. RWE will pursue clean energy generation, with an intention to build 2-3 GW of renewable capacity annually, following an asset swap with EON, which will make RWE Europe's largest renewables developer. It will, however, continue to invest in gas-fired power.