Member access

4-Traders Homepage  >  Shares  >  Xetra  >  RWE AG    RWE   DE0007037129

RWE AG (RWE)

130
Real-time Quote. Real-time Tradegate - 09/16 11:29:47 am
30.895 EUR   -0.21%
1d ago RWE : Energy roadshow starts today ; In Brief
1d ago RWE : First wind turbine installed at Königshovener Höhe
1d ago RWE : Innogy GmbH - First wind turbine installed at Konigshovener Hohe
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

RWE AG : RWE to Invest Solely in Renewable Energy - Report

10/29/2013 | 12:42pm US/Eastern
Recommend:
0

German utility RWE AG (RWE.XE) is set to change its strategy and invest solely in renewable forms of power generation, newspaper Handelsblatt says in an article released ahead of publication Wednesday, citing an internal document.

RWE Chief Executive Peter Terium wants no further investments in fossil-fueled powered plants, according to the German daily. In 2020, conventional forms of power generation should contribute no more than one fifth of the operating result, according to Mr. Terium's plans, the article says. He also wants to develop new business models for decentralized power distribution, Handelsblatt reports.

An RWE spokeswoman declined to comment on the report.

Germany is phasing out nuclear power and replacing fossil fuels by renewable sources of energy like wind and solar power, a policy that raised prices for electricity.

Newspaper website: http://www.handelsblatt.com

-Write to the Frankfurt Bureau at djnews.frankfurt@dowjones.com

Recommend :
0
React to this article
Latest news on RWE AG
1d ago RWE : Energy roadshow starts today ; In Brief
1d ago RWE : First wind turbine installed at Königshovener Höhe
1d ago RWE : Innogy GmbH - First wind turbine installed at Konigshovener Hohe
4d ago RWE : Dissemination of a Voting Rights announcement pursuant to sec. 26 and sec...
4d agoDJRWE Seeks Further Costs Cuts at Power Generation Unit-Report
5d ago RWE : Fugro Completes Two Key Tasks On Gwynt y Mor
5d ago RWE : Dissemination of a Voting Rights announcement according to Articles Articl..
5d ago RWE : Dissemination of a Voting Rights announcement according to Article 26, Sec..
6d ago RWE : Innogy: Deutsch Heligoland with new service and operating station for the ..
09/09 RWE : Innogy GmbH - Heligoland with new service and operating station for the No..
Advertisement
Chart
Duration : Period :
RWE AG Technical Analysis Chart | RWE | DE0007037129 | 4-Traders
Income Statement Evolution
RWE AG : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF