{"id":1707,"date":"2004-09-06T00:00:00","date_gmt":"2004-09-06T22:00:00","guid":{"rendered":"http:\/\/en.greenmedia.md\/?p=37"},"modified":"2004-09-06T00:00:00","modified_gmt":"2004-09-06T22:00:00","slug":"kpmg-close-to-sale-of-uk-power-plant-industry","status":"publish","type":"post","link":"https:\/\/salvaeco.org\/kpmg-close-to-sale-of-uk-power-plant-industry.html","title":{"rendered":"KPMG close to sale of UK power plant-industry"},"content":{"rendered":"<p>&#8220;They are close to a deal, it should be signed soon,&#8221; said one source close to the coal-fired plant. He declined to give financial details of the planned deal. Fifoots Point, one of the UK&#8217;s newest power plants, went into administration after a slump in wholesale power prices following UK power market reforms in 2001. Administrators KPMG declined to comment. Carron could not be reached for comment. <!--more--><\/p>\n<p>Fifoots Point, which was commissioned in 2000, has been idle after the recent expiry of a contract between KPMG (KPMG.UL: Quote, Profile, Research) and utility RWE (RWEG.DE: Quote, Profile, Research) under which RWE operated the plant last winter, one of the sources said.<\/p>\n<p>The planned sale of Fifoots Point comes after a recovery in electricity prices, driven partly by higher coal and gas prices and by new rules restricting emissions of carbon dioxide from power stations.<\/p>\n<p>German-owned utility E.ON (EONG.DE: Quote, Profile, Research) UK will restart its 900-megawatt Killingholme power plant in eastern England next year due to higher prices, the company said last week. The plant has been mothballed since March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;They are close to a deal, it should be signed soon,&#8221; said one source close to the coal-fired plant. He declined to give financial details of the planned deal. Fifoots Point, one of the UK&#8217;s newest power plants, went into administration after a slump in wholesale power prices following UK power market reforms in 2001. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53],"tags":[],"class_list":["post-1707","post","type-post","status-publish","format-standard","hentry","category-53"],"_links":{"self":[{"href":"https:\/\/salvaeco.org\/wp-json\/wp\/v2\/posts\/1707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/salvaeco.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/salvaeco.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/salvaeco.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/salvaeco.org\/wp-json\/wp\/v2\/comments?post=1707"}],"version-history":[{"count":0,"href":"https:\/\/salvaeco.org\/wp-json\/wp\/v2\/posts\/1707\/revisions"}],"wp:attachment":[{"href":"https:\/\/salvaeco.org\/wp-json\/wp\/v2\/media?parent=1707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/salvaeco.org\/wp-json\/wp\/v2\/categories?post=1707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/salvaeco.org\/wp-json\/wp\/v2\/tags?post=1707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}