“Energy 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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