Germany

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 […]

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 reactor for five years. TVO requested the extension in light of delays from its Olkiluoto 3 EPR project, which is being built by an AREVA-Siemens […]

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 the globe. Europe’s largest commercial battery power plant was connected to the German grid in mid-September. With a power rating of 5 MW and an […]

Germany’s energy transition— Energiewende —has made a lot of headlines. Whether you agree with the country’s energy policy or not, there is no denying that it has spurred the growth of renewables. Even

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 both are reconsidering their market designs. Its easy to think that Germany and Texas could not be more different. One is northern, cold, and Old […]

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 utility poster child for the effects of the Energiewende, the transformation of the Germany power system away from nuclear and coal toward renewable energy and […]

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 be needed as the investor-owned utility (IOU) industry fights not so much a war on coal as a war for mindshare and wallet share in […]

Germany’s levy to promote renewables under the 2008 Renewable Energy Act (EEG) will climb to €0.624/kWh in 2014—a 20% increase that represents nearly a fifth of residential electricity bills. The measure

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, including abolishing feed-in-tariffs (FITs) that they say have sent power prices in the country soaring. Key points of the 19-page reform proposal submitted by the […]

  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, perhaps ever. New production from shale should make the country a net exporter within a decade. New gas-fired plants are starting up almost as fast […]