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Germany's Steag ready to bring back 2.3 GW of coal capacity with conditions
Reuters via Yahoo Finance· 2 years agoGerman hard-coal to power generator Steag is ready to bring 2.3 gigawatts (GW) of production capacity into the electricity market for the coming winter if financing, logistics and grid provisions ...
Spain's Asterion to buy German utility Steag for $2.7 billion -sources
Reuters via AOL· 9 months agoFRANKFURT/DUESSELDORF (Reuters) -Spanish infrastructure investor Asterion has agreed to acquire German utility Steag, beating Czech billionaire Daniel Kretinsky to win the asset, sources involved ...
Eskom Will Miss Target to Boost Power Output From Coal Plants
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- South Africa’s state power utility will miss a target to boost output from struggling...
EUROPE POWER-Spot down as holidays curb demand and coal, wind boost supply
Reuters via Yahoo Finance· 2 years agoEuropean prompt power prices dropped, reflecting a fall in industry demand caused by public holidays on Monday and Tuesday, while coal-fired plants added to supply under schemes devised to combat ...
German government reaches deal on much-debated power plant strategy
dpa international via Yahoo News· 3 months agoGermany's three-way coalition government has laid an internal dispute to rest by agreeing on a...
EUROPE POWER-Spot prices drop with lowering gas contracts
Reuters via Yahoo Finance· 2 years agoPARIS, Oct 24 (Reuters) - European spot power contracts fell on Monday with gas contracts, while wind supply is also expected to drop. "The reason for the spot trading so low is the fact that ...
EUROPE POWER-Forward curve prices rally with gas and carbon costs
Reuters via Yahoo Finance· 2 years ago(Updates prices and adds comment) PARIS, Aug 1 (Reuters) - European forward curve power prices climbed on Monday, with the French front-year and German third and fourth quarter 2023 contracts ...
NEWSMAKER-Czech tycoon Kretinsky crashes close-knit French elite with Casino bet
Reuters via Yahoo Finance· 7 months agoIn May, Czech billionaire Daniel Kretinsky was invited to the annual "Choose France" summit with top corporate executives. Just over two months later, the 48-year-old sent shockwaves through ...