Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, August 19, 2014

German utility RWE says conventional power 'losing ground'

ENERGY NEWS
German utility RWE says conventional power 'losing ground'
http://www.energy-daily.com/reports/German_utility_RWE_says_conventional_power_losing_ground_999.html
Essen, Germany (UPI) Aug 14, 2013 - German energy company RWE said Thursday it will pull back from the electricity market after posting a major decline in earnings for the first half of 2014. "Conventional power generation is losing ground [and] not just at RWE," the company's chairman, Peter Terium, said in a statement. The nation's largest power producer, RWE said it would idle 1,000 megawatts of power plants by ... more

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