SSE likely to close three units at UK coal plant

By Karolin Schaps LONDON (Reuters) - British power producer SSE said it would likely close most of the units at its 1,995-megawatt Fiddler's Ferry coal-fired plant from April 1, despite gaining a government capacity contract designed to incentivise back-up plants to stay online. A surge in renewable energy production and cheap gas prices have effectively priced coal-fired power plants out of the market in Britain. Three months ago, Britain's energy minister also announced the permanent closure o