Trending: Germany's RWE to End Coal Use by 2030
04 October 2022 - 11:21PM
Dow Jones News
1147GMT- RWE AG is among the most mentioned companies across
news of the last 12 hours, according to Factiva data, after saying
it will phase out the use of coal for electricity generation sooner
than expected. Germany's largest power producer said it will stop
using the combustion of lignite to generate power by 2030 as part
of an agreement with the government, bringing forward the phase out
by eight years. RWE though also said it will temporarily increase
the use of coal plants to contribute ensuring security of supply in
Germany amid the energy crisis. Dow Jones & Co. owns Factiva.
(giulia.petroni@wsj.com)
(END) Dow Jones Newswires
October 04, 2022 08:06 ET (12:06 GMT)
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