RWE

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IEEFA Germany: Halving RWE’s lignite output could spur low-carbon shift, avoid $100 million expense of saving aging plants

IEEFA Germany: Halving RWE’s lignite output could spur low-carbon shift, avoid $100 million expense of saving aging plants

Move would cut CO2 emissions in line with government energy policy

Oct 23, 2018, LONDON (IEEFA) – In a report released today, the Institute for Energy Economics and Financial Analysis finds that German utility RWE would benefit in the medium to long term by moving now to sharply reduce its lignite mining activities and begin closing its oldest lignite-fuelled generation stations. The report, “Lignite Retreat: RWE’s […]

October 23, 2018 Read More →

More News and Commentary

German energy company floats takeover plan to shutter RWE’s lignite plants

Clean Technica: Germany electric utility Greenpeace Energy has proposed a takeover bid for the lignite open-cast mines and power plants currently belonging to German electric utilities company RWE, to shut them down by 2025, and replace them with renewable energy projects such as wind and solar boasting a total output of 8.2 gigawatts. Greenpeace Energy […]

November 28, 2018 Read More →

Norwegian pension fund calls on RWE to stop lignite expansion

Associated Press: A Norwegian pension fund is doubling down on its criticism of German utility firm RWE over the power company’s long-term plans to use coal. The chief executive of Storebrand, Jan Erik Saugestad, said Thursday that “continued expansion of coal mines and support of coal-fired power has no future” if the world wants to […]

October 26, 2018 Read More →

IEEFA Europe: RWE’s costly faith in lignite

Push to expand the Hambach mine raises a question: How long will a major European utility continue to buck trends?

LONDON—RWE, one of Europe’s biggest utilities, is keeping faith with its massive coal mining operations in northwest Germany, rooted in a logic based on economies of scale in power generation that defies the ongoing shift toward a more modern, distributed, low-carbon grid. RWE’s mining operations in Germany’s Nordrhein-Westfalen (North-Rhine Westphalia) are enormous in scale. At […]

October 24, 2018 Read More →
IEEFA Germany: Halving RWE’s lignite output could spur low-carbon shift, avoid $100 million expense of saving aging plants

IEEFA Germany: Halving RWE’s lignite output could spur low-carbon shift, avoid $100 million expense of saving aging plants

Move would cut CO2 emissions in line with government energy policy

Oct 23, 2018, LONDON (IEEFA) – In a report released today, the Institute for Energy Economics and Financial Analysis finds that German utility RWE would benefit in the medium to long term by moving now to sharply reduce its lignite mining activities and begin closing its oldest lignite-fuelled generation stations. The report, “Lignite Retreat: RWE’s […]

October 23, 2018 Read More →

Germany’s RWE planning $1.75 billion in annual green energy investments

Reuters: FRANKFURT—German utility RWE is earmarking 1.5 billion euros ($1.75 billion) a year for investments in green energy following a deal to break up its Innogy unit, its chief executive told a German newspaper. “After completion of the transaction we want to invest, and financially we can do so. We have 1.5 billion euros a […]

June 25, 2018 Read More →

IEEFA Update: Netherlands, in New Program to Close All Coal-Fired Generation by 2030, Sends European Energy Markets a Sharp Signal

Phase-out Plans Combined With the Rise of Renewables and the Impact of Improved Efficiency Put Old Electricity-Production Models at Risk

In announcing plans to shut all coal-fired power plants by 2030,  the new government of the Netherlands sent a dramatic signal to electricity markets today that no investment in coal-fired power in Europe is safe. The Dutch statement is especially significant given that the Netherlands itself has only recently commissioned three of Europe’s newest coal-fired […]

October 10, 2017 Read More →