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,…
Germany
Finland Rejects Permit Extension for Olkiluoto Reactor. Finland’s government on Sept. 25 rejected an application from utility Teollisuuden Voima Oyj (TVO) to extend a permit for its proposed Olkiluoto 4…
Just as POWER predicted in its May issue (see “The Year Energy Storage Hit Its Stride”), energy storage is starting to gain traction, not only in the U.S., but around…
Although Germany’s Energiewende is all about reducing consumption and transitioning from nuclear and fossil fuels to renewable energy, it hasn’t completely halted the development of new coal-fired facilities. The Lünen…
Geographically and politically, Texas and Germany are on opposite sides of the world, but both believe strongly in competitive energy markets, and both have largely deregulated their power industries. Now…
RWE AG is Europe’s third-largest electricity and fifth-largest gas marketer, with holdings in upstream oil and gas production, power grids, and energy trading. Its German power subsidiary has been the…
At the Edison Electric Institute (EEI) annual meeting this week in Las Vegas, the tone was one of collaboration with partners from Washington to distributed generation companies. Those partnerships will…
Germany’s levy to promote renewables under the 2008 Renewable Energy Act (EEG) will climb to €0.0624/kWh in 2014—a 20% increase that represents nearly a fifth of residential electricity bills. The…
A federation of Germany’s biggest companies last week called for urgent reforms to the country’s renewable energy strategy within the first 100 days of Chancellor Angela Merkel’s newly elected government,…
If you’ve seen U.S. coal industry executives casting wistful glances across the Atlantic recently, there’s a reason. In the U.S., natural gas is enjoying a boom unseen in decades,…