E.ON
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International
POWER Digest
WTO Rules Against India in Solar Power Dispute. A mandate that certain types of solar cells and modules used for India’s ambitious state-backed solar initiative must be domestically manufactured violate
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Legal & Regulatory
Germany’s Energiewende at a New Turning Point
Germany’s Energiewende (energy transition) was adopted as policy beginning in September 2010, some six months before the disaster at Japan’s Fukushima nuclear plant, and full legislative support was
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Renewables
RWE CEO: Conventional Power Role Shifting from Baseload to Renewables Back Up in Europe
Germany’s largest power generator RWE, following in the footsteps of its competitor E.ON, plans to split its company to bank on renewable energy and grid operations, which it says is the future for utility companies. If approved by RWE’s supervisory board, the Essen-headquartered company that produces more than 40% of its power from hard coal […]
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Nuclear
Two Units Retiring Early at Swedish Nuclear Power Plant
OKG, owner and operator of the three-unit Oskarshamn nuclear power plant on Sweden’s east coast, announced on Oct. 14 that it would permanently shut down Units 1 and 2 at the facility, while continuing to operate the larger and newer Unit 3. OKG’s majority owner E.ON is driving the decision. The German-based company has been […]
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Legal & Regulatory
Top EU Court: German Nuclear Fuel Tax Is Legal
Germany’s tax on nuclear fuel rods is not against European Union (EU) law, the bloc’s top court has ruled. The decision from the Luxembourg-based Court of Justice of the European Union on June 4 may be detrimental to utilities that own nuclear power plants, which have already paid about $5.67 billion in the levies that […]
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Finance
European Power Markets Force Changes at RWE, E.ON, and Vattenfall
Persistently low prices on the wholesale electricity market are forcing RWE—the third-largest electricity provider in Europe, serving 16 million customers—to consider dismantling some gas-fired power plants and shipping them abroad, Dr. Rolf Martin Schmitz, RWE’s COO, told Reuters in an interview. The German-based company has been struggling for awhile. In August 2014, RWE announced that […]
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Coal
E.ON Agrees to Sell Italian Coal and Gas Power Generation Assets
Düsseldorf, Germany–based energy supplier E.ON announced on Jan. 12 that it would sell its Italian coal and gas generation assets to Energetický a Průmyslový Holding (EPH), a Czech energy company. E.ON has been looking for a suitor for the Italian operations since at least Nov. 30 when it announced it was embarking on a new […]
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Renewables
POWER Digest (January 2015)
Candu Wins China’s Backing to Develop AFCR Projects. Candu Energy and the China National Nuclear Corp. on Nov. 10 signed a framework joint venture agreement to build Advanced Fuel CANDU Reactor (AFCR)
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Renewables
E.ON to Spin Off Its Power Generation Business
E.ON—a major investor-owned energy supplier that manages facilities across Europe, Russia, North America, Brazil, and Turkey—announced this week that it will embark on a new corporate strategy focused on renewables, distribution networks, and customer solutions, while combining its power generation, global energy trading, and exploration and production businesses into a new, independent company. “We are […]
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