GALWAY, IRELAND -- (Marketwire) -- 10/12/09 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- E.ON AG (OTC:EONGY) (Dusseldorf, Germany) has shelved plans to update the Kingsnorth coal-fired plant in Rochester, England, a project estimated to be worth £1.5 billion ($2.4 billion). The company claimed that the decision to pull the plug on the addition of two new units (#5 and #6) totalling 1,600 megawatts (MW) to replace four aging units was caused by the global recession and a decrease in electricity demand. Kingsnorth is also the site chosen by E.ON for the proposed U.K. carbon capture and storage (CCS) pilot, the future of which remains in doubt.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.co.uk/showNews.jsp?newsitemID=151074, or browse other breaking industrial news stories at www.industrialinfo.co.uk.
Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to email@example.com or visit us online at Industrial Info Europe (http://www.industrialinfo.co.uk).