Europe’s largest power utility has announced plans to dump conventional, fossil fuel energy generation and focus instead on renewables and customer-led distributed generation solutions. In what has been described as […]
Tag: rwe
German utility, posting €2.8b loss, says that decline of fossil fuels is ‘unstoppable’
One of the largest electricity utility companies in Germany, RWE, has posted its first loss in 60 years. RWE CEO Peter Terium said that the company had got its strategy […]
Fossil fuel electricity generation as ‘back-up’ for renewables?
In another success story from OECD renewable energy leader Germany, the country’s two largest electricity utilities have stated that they will not need to build any new fossil fuel power […]