News Digest Item
30 Jun 2017

“RWE wants to buy power plants”

Frankfurter Allgemeine Zeitung

German conventional energy utility RWE’s CEO Rolf Martin Schmitz says his company plans to buy new power stations as he expects electricity to become scarcer and prices to rise over the coming years, reports Frankfurter Allgemeine Zeitung (FAZ). RWE has a majority stake in its renewables carve-out innogy, which is currently its crucial source of income, writes FAZ.

Read the article in German here.

For background, read the CLEW dossier Utilities and the energy transition.

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