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RWE freezes development of UK CCGT/storage project at Tilbury

Highlights

2.5 GW CCGT project suspended

Market conditions, costs prompt freeze

Site options remain open

London — RWE has frozen development of gas-fired generation and battery storage capacity at Tilbury Energy Centre, Essex, the German utility said in an update on its project website.

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In August last year RWE took initial planning steps at Tilbury for a 2.5 GW combined cycle gas plant, 300 MW open cycle gas turbine plant and 100 MW of battery storage.

"This decision was made based on current market conditions and project costs. As with any development project, options are continuously evaluated and only progressed if they become economically viable," RWE said.

A formal planning application for the projects was expected in late 2018, with environmental studies taking place through 2017 and early 2018. The old coal/biomass plant site's location to the east of London made it viable, RWE said.

The company said it would "constantly explore options" for how best to develop the Tilbury site, "which remains a good location for future energy options." The site had previously hosted the coal-fired Tilbury B power station, which was converted to biomass before closure in 2013 after 44 years of operation.

--Henry Edwardes-Evans, henry.edwardes-evans@spglobal.com

--Edited by Jonathan Fox, newsdesk@spglobal.com

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