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FRANKFURT (Reuters) -German state-owned utility Uniper reported a first quarter net profit of 6.7 billion euros ($7.43 billion) on Thursday after releasing significant provisions it previously made in the wake of Moscow's move to stop gas supplies. | 03:45am
German state-owned utility Uniper reported a first quarter net profit of 6.7 billion euros ($7.43 billion) on Thursday after releasing significant provisions it previously made in the wake of Moscow's move to stop gas supplies.
German industry still needs help with high electricity prices, the head of the country's second-largest steelmaker Salzgitter said on Wednesday, arguing that without support it would not be... | May 3, 2023
Renewable energy accounted for 50.3% of Germany's power consumption in the first three months of the year, data from utility group BDEW and the Centre for Solar Energy and Hydrogen Research (ZSW) showed on Friday.
The European energy crisis is not over yet, the chief executive of Germany's largest utility said on Friday, even though gas storage levels remain high and despite what is seen as a less severe... | April 28, 2023