E.ON has blamed the recession for delaying by three years plans for a new coal-fired power station at Kingsnorth.
In a statement on their website today, E.ON announced: “We can confirm that we expect to defer an investment decision on the Kingsnorth proposals for up to two to three years. This is based on the global recession, which has pushed back the need for new plant in the UK to around 2016 because of the reduction in demand for electricity.”
The coal fired power plant, which would have produced 1600MW of electricity, met opposition from environmental activists and politicians when it was announced in 2006 because of the quantity of carbon dioxide the plant would contribute to the atmosphere.
Earlier this year, environment secretary Ed Miliband announced a plan to use Carbon Capture and Storage technology on any new coal-fired plants, which would have added further expense to the construction of Kingsnorth.
Addressing carbon capture and storage (CCS) E.ON’s statement continued: “As a Group, we remain committed to the development of cleaner coal and CCS, which we believe have a key role to play alongside renewables, gas and nuclear, in tackling the global threat of climate change while ensuring affordability and security of energy supplies.”
Last night Greenpeace released a statement addressing E.ON’s decision.
Executive director of Greenpeace, John Sauven said: “This development is extremely good news for the climate and in a stroke significantly reduces the chances of an unabated Kingsnorth plant ever being built. The case for new coal is crumbling, with even E.ON now accepting it’s not currently economic to build new plants. The huge diverse coalition of people who have campaigned against Kingsnorth because of the threat it posed to the climate should take heart that emissions from new coal are now even less likely in Britain.”
“Ed Miliband now has a golden opportunity to rule out all emissions from new coal as a sign of Britain’s leadership before the key Copenhagen climate meeting. With E.ON’s announcement he’s now got an open goal.”