RWE must watch its leading role in German power market, cartel office says

[ad_1] The logo of the German power supplier RWE is pictured at the RWE headquarters in Essen, Germany, November 15, 2021. REUTERS/Thilo Schmuelgen/File Photo FRANKFURT, Aug 9 (Reuters) – Germany’s…

Power traders remanded in custody in Danish market manipulation case

[ad_1] COPENHAGEN, April 20 (Reuters) – Eight employees of a Danish power trading company will be held in police custody for the next four weeks while suspicion of market manipulation…

Swedish prime minister urges energy restraint to prevent shortages

[ad_1] Swedish Prime Minister Ulf Kristersson attends the European Union leaders’ summit in Brussels, Belgium, October 20, 2022. REUTERS/Piroschka van de Wouw/File Photo STOCKHOLM, Dec 9 (Reuters) – Sweden’s prime…

Netherlands activates energy crisis plan, removes cap on coal plants

[ad_1] AMSTERDAM, June 20 (Reuters) – The Netherlands on Monday said it would activate the “early warning” phase of an energy crisis plan and lifted a cap on production by…

Shell considers exiting UK, German, Dutch energy retail businesses

[ad_1] [1/2]The Shell logo is seen at a Shell petrol station in London, January 31, 2008. REUTERS/Toby Melville/File Photo LONDON, Jan 26 (Reuters) – Shell (SHEL.L) is considering exiting its…

Coca-Cola bottler CCEP intends to acquire Coke’s Philippines business for $1.8 bln

[ad_1] A detail of a can of Coca-Cola is seen in London, Britain March 16, 2016. REUTERS/Stefan Wermuth/File Photo Aug 2 (Reuters) – Coca-Cola Europacific Partners (CCEPC.L) said on Wednesday…

Lawsuits or bankruptcies? Long horns of Texas power price dilemma

[ad_1] March 11 (Reuters) – Texas lawmakers on Thursday found themselves on the horns of a power market dilemma: expect lawsuits from utilities and traders if they retroactively cut cold-snap…

Orsted’s Q3 profit lags as lower wind speeds bite

[ad_1] COPENHAGEN, Nov 3 (Reuters) – Denmark’s Orsted (ORSTED.CO) on Wednesday reported third-quarter operating profit slightly below expectations as it said low wind speeds continued to hit earnings. “In most…

Citigroup hires former UBS banker for energy dealmaking – memo

[ad_1] June 1 (Reuters) – Citigroup Inc (C.N) has hired former UBS Group AG (UBSG.S) banker Dan Ford as a vice chairman within the natural resources and clean energy transition…

White House will seek law to require carbon-free power from U.S. utilities

[ad_1] April 1 (Reuters) – The Biden administration said on Thursday it will seek to pass a law requiring utilities to source more power from renewable and other clean sources…