Düsseldorf,
19
December
2018
|
15:00
Europe/Berlin

Staudinger 5 power plant to produce electricity and heat again during summer

  • Reversal of shut-down notification for summer months 2019 and 2020
  • Uniper sees improved prospects for plant on electricity market

The hard coal-fired Staudinger 5 plant is set to produce electricity and heat during the summer months again going forward, following an announcement to this effect by Uniper, which operates the plant, to the transmission grid operator, TenneT, and the Federal Network Agency. The announcement reversed the closure announced in late October of last year for the summer months June to August 2019 and 2020. The reason for the decision has to do with improved market conditions so that according to its current assessment the plant sees opportunities to again earn revenue through the production of electricity. Uniper may reassess the situation in the light of market developments.

Uniper had announced the temporary closure of Staudinger 5 during the summer months (June through August) for 2018-2020 pursuant to the Energy Industry Act and the Network Reserve Directive. The plant was idled during the three summer months in 2018.

The Staudinger plant in Grosskrotzenburg is the largest conventional power plant in the state of Hesse. The coal-fired block 5 (510 megawatts net capacity) was put in operation in 1992 and produces electricity primarily for the electricity market in the mid-load range. The total power generated at the Staudinger plant is sufficient to supply roughly 750,000 customers. The plant also generates district heating for more than 20,000 households in Grosskrotzenburg and Hanau.

Blocks 1-3 were previously shut down in 2012 and 2013. Block 4 (1977, 580 megawatt net capacity) is a gas-fired power plant and is utilized by the grid operator TenneT as reserve capacity and for stabilizing the power grid.

This press release may contain forward-looking statements based on current assumptions and forecasts made by Uniper SE Management and other information currently available to Uniper. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Uniper SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to modify them to conform with future events or developments.