UK Extends Life of Third Coal Plant to Secure Winter Electricity

Uniper SE’s British coal plant will extend the life of a unit that was set to shut down this year as the country seeks to secure energy supplies ahead of winter.

Ratcliffe-1, which has a 500-megawatt capacity, was due to close at the end of September. Now, Uniper will keep it online for another two years, the company said in a notice posted to the European Energy Exchange AG.