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.
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.
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.
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.
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.
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".
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.
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.
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.