Edition:
United Kingdom

Vera Eckert

RWE geht mit Ökostrom weltweit in die Offensive

17 Apr 2019

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.

Exclusive: RWE CFO maps out planned expansion in renewables, U.S. in focus

17 Apr 2019

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.

German power lobby sees shortfalls due to coal, nuclear phase-out

01 Apr 2019

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.

UPDATE 1-German power lobby sees shortfalls due to coal, nuclear phase-out

01 Apr 2019

* Lobby group wants policy changes to safeguard stability (Adds details, context)

Europe traded less power in 2018, but at higher prices

25 Mar 2019

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.

Hapag-Lloyd charts course to strong 2019 earnings

22 Mar 2019

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.

UPDATE 1-Wintershall says low costs will boost profits after merger with DEA

21 Mar 2019

* Sees sustained growth in oil and gas demand (Recasts to reflect press conference, CEO briefing statements)

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.

World News

Yellow vest demonstrators, police clash in Paris

Clashes broke out between dozens of demonstrators and police in Paris on the 23rd Saturday of yellow-vest protests after authorities warned that rioters could return to the French capital to spark a new wave of violence.