A LONG-AWAITED deal aimed at securing the future of the 120-job Rio Tinto Alcan power station in Northumberland was concluded yesterday. Power giant RWE confirmed that it has acquired the 420-megawatt coal-fired station, which has been supplying electricity to the nearby aluminium smelter at Lynemouth since it opened in 1972.
The Journal revealed earlier this month that the German-owned company was expected to complete the purchase of the plant before the end of the year following months of negotiation.
Last night RWE said it will make a decision early in 2013 on whether to convert the power station from coal to full biomass-fuelled generation.
Since the closure of the 515-job RTA smelter earlier this year, it has been providing electricity solely to the National Grid. That is expected to continue under the new ownership.
Following its acquisition by RWE, the plant will operate under the name Lynemouth Power Ltd, and …