Energy Department pulls support for FutureGen
The Department of Energy would not publicly divulge its intentions about FutureGen or discuss what was said during the private meeting with lawmakers, saying only that it planned an announcement within days.
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Germany's Energy Crisis Deepens as Local Utilities Cry for Help
BERLIN - Germany’s fears that soaring power and gas prices could trigger a deeper crisis is starting to get real.
Several hundred local utilities are coming under strain and need support, according to the head of Germany’s largest energy lobby group. The companies, generally owned by municipalities, supply households and small businesses directly and are a key part of the country’s power and gas network.
“The next step from the government and federal states must be to secure liquidity for these municipal companies,” Kerstin Andreae, chairwoman of the German Association of Energy and Water Industries, told Bloomberg in Berlin. “Prices are rising,…