The reason they give is that wholesale electricity prices are way down in Germany as a consequence of more renewable energy in the mix. They would be losing money if they needed to sell at these low prices. They aren't currently losing money because most of their business is fulfilling contracts from the past couple of years, which still have higher prices. That effect will be gone soon.
3.1 GW of Fossil Fuel Power Plants to Be Shut Down in Germany — No Longer Competitive
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