EIB SUPPORTS MODERN CLEAN COAL POWER PLANT IN GERMANY RUSTBELT
July 1st, 2006
BY KEITH NUTHALL
GERMANY'S Ruhr valley has long been a symbol of industrial decline and high polluting coal-based industry, so it is apt that a planned 750 MW power station, using the latest clean-coal technology should be sited here. The European Investment Bank (EIB) has announced plans to lend operators STEAG Aktiengesellschaft, Germany, and ENV AG, Austria, Euro 420 million: half the development costs of a power station in Duisburg-Walsum. The region has a long coal mining history, and the EIB regards the project as a showcase for future solid fuel power ...
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