Edition:
United States

Vera Eckert

RWE geht mit Ökostrom weltweit in die Offensive

Apr 17 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

Apr 17 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

Apr 01 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.

Europe traded less power in 2018, but at higher prices

Mar 25 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

Mar 22 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.

Hapag-Lloyd charts course to strong 2019 earnings

Mar 22 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-Hapag-Lloyd charts course to strong 2019 earnings

Mar 22 2019

* Shipping fundamentals improve, integration of UASC continues

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

Mar 21 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

Feb 07 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

Feb 06 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.

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