German utilities, headed by RWE and Eon, are poised tobring coal-fired units online from December that can supply 8.2 million homes,20 percent of the nation’s total, according to data compiled by the newsservice.
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New coal plants hit power prices
Germany is headed for its biggest electricity over-supply since 2011 as new coal-fired plants start and generation of wind and solar energy increases, weighing on power prices that have already dropped for three years, Bloomberg News reported.
