RWE Cancels Polish Coal-fired Power Plant

GALWAY, IRELAND--September 14, 2010--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--German energy giant RWE AG (OTC:RWEOY) (Essen, Germany) has pulled the plug on a proposed 800-megawatt (MW) coal-fired power plant in Poland because of the continued global economic downturn and concerns about the future price of carbon emissions in Europe. RWE claimed the Czeczott plant proposed for the site of the Piast Ruch II coal mine in Wola, in the Upper Silesian region of Poland, is economically unviable.