EnBW plans to ditch conventional power plants by 2025
Germany’s fourth largest utility EnBW plans to pull out of fossil power generation by 2025, according to an internal strategy paper, reports Jürgen Flauger in Handelsblatt. Conventional power generation does not feature in the company’s medium-term plan dubbed “EnBW 2025”, which was seen by the newspaper. Instead, EnBW bets on wind power, grids, and new infrastructure projects like e-mobility and high-speed internet. Flauger writes that EnBW’s plans are less radical than those of E.ON and RWE, which have each split themselves in two.
Read an English version of the article (behind paywall) here.
For background, read the dossier Battered utilities take on start-ups in innovation race.