Member access

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

RWE AG (RWE)

154
Real-time Quote. Real-time TRADEGATE AG - 05/22 09:59:59 pm
22.5780 EUR   +0.66%
05/19 Solar firm Conergy looks at deals to bulk up for IPO
05/16 RWE : We alerted npower to fraud – it set the bailiffs on us
05/14 RWE : confirms earnings forecast for 2015
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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

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

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

React to this article
Latest news on RWE AG
05/22 RWE : inaugurates 295 MW Nordsee Ost offshore wind power farm
05/19 Solar firm Conergy looks at deals to bulk up for IPO
05/19 RWE : Day centre's cash boost from power station firm
05/19 RWE : Aktiengesellschaft: Publication according to § 26 paragraph. 1 WpHG with ..
05/18 RWE : Aktiengesellschaft: Release according to Article 26, Section 1 of the WpHG..
05/16 RWE : We alerted npower to fraud – it set the bailiffs on us
05/14 RWE : confirms earnings forecast for 2015
05/13 RWE : Helping vulnerable people stay warm ; IN BRIEF
05/13 RWE : confirms earnings forecast for 2015
05/13 RWE : inaugurates 295MW offshore wind project in German North Sea
Advertisement
Chart
Duration : Period :
RWE AG Technical Analysis Chart | RWE | DE0007037129 | 4-Traders
Income Statement Evolution
More Financials