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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