RWE Expands Plant Shutdowns as Europe Steers Away from Coal, Nuclear
RWE Expands Plant Shutdowns as Europe Steers Away from Coal, Nuclear
SUGAR LAND--August 15, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--RWE AG (FWB:RWE) (Essen, Germany), the second-largest electricity producer in Germany and a major European utility, continued to be pummeled by Europe's move toward subsidized renewable energy, particularly in Germany, low coal prices, and milder-than-expected weather in the second quarter of 2014. Industrial Info is tracking more than $44 billion in active projects involving RWE.
Within this article: Details on RWE's quarter and projects, including multi-billion-dollar coal-and-biomass power stations and windfarms.
Other companies featured: Siemens AG (NYSE:SI)
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