March 6, 2015 / 11:29 AM / 4 years ago

E.ON preparing for Grafenrheinfeld nuclear plant's May closure

FRANKFURT, March 6 (Reuters) - E.ON will close the Grafenrheinfeld nuclear plant on March 7 to inspect fuel rods ahead its final closure at the end of May, the German utility said on Friday.

It will shut the 1,345 megawatt plant in southern Germany seven months ahead of a deadline set under the country’s nuclear plan to end all nuclear power generation, E.ON said in a note.

The wholesale power market monitors supply notices to track day-to-day fundamentals along with mandatory transparency notices available via the EEX bourse.

The measures starting March 7 are aimed at re-positioning used fuel rods to optimise their usage, E.ON said in a statement.

“The fuel element tax that would be levied on any new fuel rods that are installed would render using new elements uneconomical given the short time of remaining operations,” it said.

The plant, built in 1981, produced 10.4 billion kilowatt hours of electricity last year, equivalent to 1.6 percent of the country’s total power output, industry group BDEW said.

Reporting by Vera Eckert; editing by Jason Neely

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