Last month, Berlin-based Vattenfall Germany reported afall in the 2013 operating income of 67 percent. Earlier this week, Essen-basedRWE presented its first net loss since the Federal Republic of Germany’sfounding in 1949.
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German utilities hit by price fall
Germany’s biggest power producers are hit severely by weak power prices. A surge in wind and solar power has curbed electricity prices already weakened by recession in European economies.
