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Munich Re encouraged by initial demand for wind power hedge product

07 Feb 2019

ESSEN, Germany, Feb 7 Munich Re aims to cover 1 gigawatt (GW) of wind power capacity this year with a new insurance product that allows turbine operators to hedge against revenue losses from volatile wind speeds, a project manager said on Thursday.

German gas demand seen rising due to coal exit plan

06 Feb 2019

ESSEN, Germany German gas demand could rise by up to 8 percent in the period to 2022 to replace orchestrated closures of coal-fired power plants recently recommended by a government-appointed commission, gas lobby group Zukunft Erdgas said on Wednesday.

EEX Energy bourse delays Asian LNG contract as players focus on Brexit

05 Feb 2019

ESSEN, Germany/SINGAPORE European energy bourse EEX Group is delaying to the second quarter a major expansion into Asia involving the launch of a liquefied natural gas (LNG) contract that it had initially planned for this month, its Asia head said on Tuesday.

German grid firms see extra costs to meet renewable power target

04 Feb 2019

ESSEN, Germany Boosting renewables to 65 percent of Germany's power mix by 2030 could cost 20 billion euros more than previously planned, which will mean higher consumer energy bills, the four main grid operators said on Monday.

Regulierer will bei Kohleausstieg Verbraucher schützen

28 Jan 2019

Berlin Der Präsident der Bundesnetzagentur, Jochen Homann, hat für den Fall eines Kohleausstiegs vor einem Drehen an der Preisschraube bei den Stromnetzen gewarnt.

Vattenfall looks for acquisitions in electric mobility push - CEO

25 Jan 2019

BERLIN Swedish state-owned utility Vattenfall [VATN.UL] is looking for acquisitions in its efforts to become one of Europe's biggest operators of electric vehicle charging stations, its chief executive said.

German energy regulator to shield power users from coal exit costs

25 Jan 2019

BERLIN German consumers must not be burdened with higher electricity network fees when the country abandons stable coal-fired power for environmental reasons, the chief regulator of power transport grids said.

EnBW offen für Partnerschaften bei US-Windenergie

23 Jan 2019

Berlin Der Energiekonzern EnBW könnte nach den Worten von Vorstandschef Frank Mastiaux bei seinen Plänen für den Aufbau eines Windenergiegeschäfts in den USA auf Partner zurückgreifen.

Norway gas to benefit from end to coal in Germany - Equinor

23 Jan 2019

BERLIN Norway, Germany's third biggest gas supplier after Russia and the Netherlands, could make further inroads into the German market as the country phases out coal, a top executive at Norwegian oil and gas firm Equinor said on Wednesday.

EnBW open to partnerships in U.S. offshore wind expansion

23 Jan 2019

BERLIN German utility EnBW could seek more partners in its planned push into the burgeoning U.S. offshore wind sector, its chief executive said.

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