“鶹 giants under pressure”
Frankfurter Rundschau
German utilities E.ON, Uniper, RWE and innogy are affected by the competition in the renewable power market and the costs of the country’s nuclear phase-out, but hope for better conditions after the general elections in autumn, writes Frank-Thomas Wenzel in an opinion piece in Frankfurter Rundschau. The companies would like to see a form of capacity market introduced. If that did not happen, fossil power plants would have to be shut down, and power prices would rise in the medium term - which could then raise the utilities’ profits – by 2019/20, writes Wenzel.
Find background on RWE’s split in the factsheets RWE’s plans for new renewables subsidiary and E.ON shareholders ratify energy giant's split.
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