Germany Paves Way for Major Expansion of Gas-Fired Power Plants [BNN Bloomberg (Canada)]
RWE AG ORD S/ADR (RWEOY)
NASDAQ:AMEX Investor Relations:
rwe.com/web/cms/en/105818/rwe/investor-relations
Company Research
Source: BNN Bloomberg
The government agreed to go ahead with short-term tenders for as much as 10 gigawatts of new units. It requires developers to upgrade stations to burn hydrogen sometime between 2035 and 2040, according to a statement Monday. The decision — which comes almost a year after the proposal was first unveiled — follows weeks of intense talks between Chancellor Olaf Scholz and his two coalition parties. Germany is racing to build low-carbon energy while phasing out coal, though adding capacity that's initially fed by gas is controversial. The government hopes to stoke private investment in the plants. The statement didn't give a cost, but said the projects should get money from the country's climate and transformation fund, which is already maxed out. Read More: Germany's Budget Chaos Leaves Green-Energy Projects in Limbo The government will decide in 2032 exactly when the new gas-power plants will switch over to hydrogen. The plan must still be approved by the European Commission,
Show less
Read more
Impact Snapshot
Event Time:
RWEOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RWEOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RWEOY alerts
High impacting RWE AG ORD S/ADR news events
Weekly update
A roundup of the hottest topics
RWEOY
News
- RWE: Business Plan Unveils Growth Opportunities [Seeking Alpha]Seeking Alpha
- German Coal Mines Emit Much More Methane Than Reported, Study Says [Financial Post (Toronto, Ontario, Canada)]Financial Post
- German Coal Mines Emit Much More Methane Than Reported, Study Says [BNN Bloomberg (Canada)]BNN Bloomberg
- Germany Shutters Seven More Coal-Fired Power Units [Yahoo! Finance]Yahoo! Finance
- CERAWEEK-U.S. offshore wind development costs 30% higher than Europe - RWE CEO [Yahoo! Finance]Yahoo! Finance