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  • RWE launches zero-carbon supply option

    As the debate in Germany continues over its nuclear phase-out policy, utility RWE has introduced a new zero-carbon energy purchasing scheme which will allow its customers to specify that they wish to buy electricity mainly from nuclear power plants.
    Posted to World Nuclear News (Weblog) by Anonymous on 11-14-2008

  • RWE the winner in Belene contest

    German company RWE Power is set to take a 49% stake in Bulgaria's Belene nuclear power plant project following its selection as the preferred strategic partner by Bulgaria's National Electricity Company.
    Posted to World Nuclear News (Weblog) by Anonymous on 10-06-2008

  • RWE reassures on Belene

    RWE has confirmed to the Bulgarian government that it remains interested in a major stake in the Belene project. The two new 1000 MWe reactors at Belene will be 51% owned by the state's National Electricity Company (NEK), while the fate of the remaining 49% is under discussion. Previous newspaper...
    Posted to World Nuclear News (Weblog) by Anonymous on 05-15-2008

  • RWE Offers $21.7 Billion to Acquire British Energy

    By Sarah Shannon April 10 (Bloomberg) -- RWE AG , German's second-largest utility, has made an indicative all-cash offer of about 11 billion pounds ($21.7 billion) for British Energy Group Plc , the Financial Times reported, citing unidentified people close to the bid. The offer of 700 pence a share...
    Posted to Nuclear Suppliers (Forum) by Highrad on 04-10-2008

  • RWE linked to British Energy stake

    [Die Welt, 18 March] A source close to RWE's board of directors told German newspaper Die Welt on Sunday that it had given the 'green light' for the company to bid for a stake in British Energy. A price of €2.5 billion ($3.9 billion) was mentioned in connection with a 35.2% stake, equal to...
    Posted to World Nuclear News (Weblog) by Anonymous on 03-18-2008

  • Shortlist of investors in Belene down to two

    Bulgaria's National Electric Company has short-listed Germany's RWE and Belgium's Electrabel as strategic investors in the planned Belene nuclear power plant. NEK is seeking investors for a stake of up to 49% of the project company.
    Posted to World Nuclear News (Weblog) by Anonymous on 03-12-2008

  • Court upholds ban on extension of Biblis A

    [Reuters, 27 February] The Administrative Court in Kassel, Germany, ruled that RWE may not extend the operation of its Biblis A nuclear power reactor. Under Germany’s nuclear phase out agreement, the operating life of nuclear power plants is limited by total output. RWE had applied for the transfer of...
    Posted to World Nuclear News (Weblog) by Anonymous on 02-28-2008

  • Germany's RWE presses forward with coal plant to replace lost nuclear capacity

    Though plans for several coal fired power plant projects in Germany have been suspended, RWE recently announced that it is pressing forward with its project to construct a 1600 MWe hard coal facility in Hamm, in the Westphalia region. RWE has several partners in the project including 23 municipal utilities...
    Posted to Atomic Insights (Weblog) by Anonymous on 02-20-2008
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