“Green power: got to be in it, to win it”
Deutsche Welle has published a video report showing how utility RWE continues to mine and use lignite for electricity production in the western German state of North Rhine-Westphalia. “Energy giant RWE has been relying on coal for too long now, and its business model is in decay,” says the commentator. New revenues would be hard to find for RWE, because the company had not invested enough in renewable technologies.
Watch the piece in English here.
Find out more about RWE’s plans for new renewable subsidiary in this CLEW article.
Read the CLEW dossier on Utilities and the energy transition.