In a development that surprised a grand total of zero people, due to the TEŠ 6 project, the Šoštanj coal power plant is going bust. Bankrupt. Done for. Broke. Insolvent, even. The government announced yesterday that it will draft an emergency bailout legislation to safeguard the plant’s thermal energy production, vital for some 35,000 residents in the region.
Such is the inglorious end of one of the largest and most expensive infrastructure projects since the completion of the motorway network. That is not to say that TEŠ (and, specifically, the infamous Unit 6) will be shutting down tomorrow. But the site and the connected “coal” mine will now be on life support, indefinitely. Lest they drag down half of the Slovenian energy sector with them.
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