Timber News

E.ON cancels large UK biomass power project

DUSSELDORF, GERMANY , Oct. 23, 2013 (Press Release) - 

E.ON has today confirmed that it will not proceed with the Portbury Dock biomass project but remains committed to investing in the UK.

An E.ON spokesperson said, "We continue to believe the UK could be a good market for investment in which sustainable biomass has an important part to play. In reaching this decision we considered many factors however under the current regulatory and policy framework we concluded that this project was not a priority investment for E.ON.

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This article originally appeared on woodbiomass.com: E.ON cancels large UK biomass power project