Essen/New York/Frankfurt Der lange Zeit auf Atom- und Kohlekraftwerke fokussierte Energiekonzern RWE will sein Ökostromgeschäft mit Milliardeninvestitionen ausbauen und setzt dabei auf die boomenden Märkte in Nordamerika und Asien.
ESSEN, Germany German utility RWE expects to spend heavily in the U.S. green energy market as it maps out its future as a global renewables champion after its pending asset swap with peer E.ON.
FRANKFURT German power companies warned on Monday of a potential gap between conventional electricity capacity and demand by 2023 due to a phasing out of nuclear energy and highly polluting coal, and urged policymakers to help investors by rewarding new capacity.
* Lobby group wants policy changes to safeguard stability
(Adds details, context)
FRANKFURT, March 25 Power trading volumes in
Europe's main wholesale markets fell by 1 percent to 9,270
terawatt hours (TWh) last year but a rise in prices pushed the
market's notional value up 25 percent to a seven-year high,
research firm Prospex said on Monday.
HAMBURG German container group Hapag-Lloyd is on course to achieve better earnings and further reduce debts this year as it cuts costs and benefits from merger savings in an improving shipping industry, it said.
* Sees sustained growth in oil and gas demand
(Recasts to reflect press conference, CEO briefing statements)
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.
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.
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.