The economic situation for coal-fired power plant operators is becoming increasingly challenging. Within the last six months, two 125 MW coal-fired power plants have filed for bankruptcy. While coal-fired power plant operators have already been facing worsening conditions for some time, the situation could now deteriorate more rapidly than previously expected.
The reasons for this are the still existing overcapacities in the power plant sector and the increasingly falling costs for photovoltaic systems. This increasing cost pressure on coal-fired power plants could cause more and more power plants filing for bankruptcy. In the future, it could become increasingly difficult for small power plants to survive in the market. According to experts, only large and highly efficient plants will stay competitive. Read more in CN