Conventional Energy Production Becoming Less Profitable

HAMBURG, GERMANY - MARCH 18: The coal-fired Kraftwerk Moorburg power plant pictured on March 18, 2015 in Hamburg, Germany. The Moorburg plant, which is operated by Vattenfall and is rated at 1730 megawatts, went into operation in February, 2015. Energy production from conventional-based resources is becoming less profitable as renewable energy production has expanded and matured in Germany in the last decade. RWE, one of Germany's biggest utilities, recently warned of pending job cuts due to financial losses derived from its conventional energy production and Vattenfall is considering selling off its coal fields in eastern Germany. (Photo by Joern Pollex/Getty Images)
HAMBURG, GERMANY - MARCH 18: The coal-fired Kraftwerk Moorburg power plant pictured on March 18, 2015 in Hamburg, Germany. The Moorburg plant, which is operated by Vattenfall and is rated at 1730 megawatts, went into operation in February, 2015. Energy production from conventional-based resources is becoming less profitable as renewable energy production has expanded and matured in Germany in the last decade. RWE, one of Germany's biggest utilities, recently warned of pending job cuts due to financial losses derived from its conventional energy production and Vattenfall is considering selling off its coal fields in eastern Germany. (Photo by Joern Pollex/Getty Images)
Conventional Energy Production Becoming Less Profitable
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Credit:
Joern Pollex / Stringer
Editorial #:
466898796
Collection:
Getty Images News
Date created:
18 March, 2015
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Getty Images Europe
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84395597
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