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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
POWER
European power plant operator Energy and Industry Holding (EPH) will phase out around 1.3GW of coal capacity by 2025, with an additional 1.4GW disconnected by 2030, according to its energy transformation strategy.
- EPH already closed the 700MW Mehrum coal plant in Germany in March 2024 and is expected to disconnect France’s 600MW Emile Huchet 6 plant in March 2025.
- The firm will also transfer its German 900MW Schkopau and 31MW Wahlitz lignite plants to its subsidiary EP Energy Transition by the end of 2025. However, these plants are anticipated to be closed by 2034-35, although this could be brought forward by an accelerated German coal exit.
- Further out, EPH will close its Italian 600MW Fiume Santo coal plant in 2028 – subject to the completion of power interconnection from Sardina to continental Italy.
- EPH will then convert 800MW of Czech coal heating plants into a mix of hydrogen-ready CCGT, biomass and waste-energy plants by 2028-29.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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