Power Stations: German and Vattenfall

power stations: Study highlights Vattenfall risky German businessA study by a renowned German think tank has warned that the lignite mining operations by Swedish utility Vattenfall in Germany are full of business risks, according to Deutsche Welle. And they appear to be a burden on the firm own targets. reached on Germany energy switch German coalition government leaders have agreed steps to reach a self-set target for lower carbon emissions ahead of key UN climate talks. The company reiterated its view that it had to move on to focus a lot more on renewables. Their dropping of a levy on coal-fired power stations has angered ecologists. The Swedish state-owned energy company, Vattenfall, is seeking around 5 billion euros in damages after the German parliament decided to shut down all nuclear plants by 2022 in the wake of the 2011 nuclear disaster in Fukushima, Japan. A two-week hearing against the German state over its decision to phase out nuclear energy begins in front of an international arbitration court in the United States on Monday. (news.financializer.com). As reported in the news.