Edition:
International

Vera Eckert

Factbox-How much does Germany need Russian gas?

Jan 20 2022

FRANKFURT/BRUSSELS Germany's gas supply has come into focus as high European prices, sparked by global tightness, were exacerbated by concerns the new Nord Stream 2 pipeline that is technically ready but needs regulatory approval may be delayed or scrapped.

E.ON takes on new energy customers as smaller rivals collapse

Jan 19 2022

FRANKFURT E.ON, Europe's No. 1 operator of energy networks, has recently absorbed hundreds of thousands of customers across the continent who ended up without a provider after record prices forced several smaller rivals to collapse, its CEO said.

TenneT CEO says bringing in private investors not ruled out

Jan 19 2022

FRANKFURT European power transmission system operator (TSO) TenneT might bring in private co-owners at some point to support huge investments needed to build up power links fit for the continent's renewable energy expansion, its CEO said.

Uniper CEO eyes slice of German gas plant pie

Jan 19 2022

FRANKFURT Utility Uniper could build a handful of the 23 gigawatts' (GW) worth of new gas-fired power plants that may be needed in Germany by the end of the decade to plug a generation hole due to the country's coal exit, its chief executive said.

Grid operator Amprion says power supply gaps can be plugged

Jan 18 2022

FRANKFURT German high-voltage grid operator Amprion on Tuesday said it was not too late to build enough gas-to-power plants to help Germany manage its transition towards renewables and plug supply gaps after nuclear and coal plants are switched off.

RWE says liquidity enough to cover extreme energy price spikes

Jan 18 2022

FRANKFURT/DUESSELDORF RWE, Germany's largest power producer, has the funds needed to tackle an unprecedented rise in energy prices, Chief Executive Markus Krebber said, adding the company's liquidity managers had prepared for even the most "extreme scenarios".

UPDATE 1-German hard coal imports could rise 7.7% in 2022 - VDKi

Jan 14 2022

FRANKFURT, Jan 14 Germany's hard coal imports in 2022 could rise 7.7% on the year to 42 million tonnes due to economic recovery, high prices of rivalling gas and the need to compensate for the closure of nuclear power plants, industry association VDKi said on Friday.

Britain's Octopus grabs nearly 100,000 German energy customers

Jan 12 2022

FRANKFURT/DUESSELDORF (Reuters) -Britain's Octopus Energy said it is nearing 100,000 German retail electricity and gas customers as its low overhead model makes inroads in a marketplace hit by wholesale price surges.

CORRECTED-UPDATE 1-Britain's Octopus grabs nearly 100,000 German energy customers

Jan 12 2022

FRANKFURT/DUESSELDORF, Jan 12 Britain's Octopus Energy said it is nearing 100,000 German retail electricity and gas customers as its low overhead model makes inroads in a marketplace hit by wholesale price surges.

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