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Business

German utility cuts generating capacity

Published: 15 Aug 2013 - 01:13 am | Last Updated: 30 Jan 2022 - 03:28 pm

The construction site of the coal power plant of RWE Power is pictured in Hamm. Germany’s No. 2 utility RWE followed peers by announcing cuts in generating capacity, blaming an expansion of renewable energy that has pushed many gas and coal-fired plants into losses.