RWEOY Rwe Ag (PK)

0921 GMT - RWE AG is among the most talked-about companies across news items over the past 24 hours, according to Factiva data, following days of protests against the extension of an opencast coal mine run by the energy company in the village of Lutzerath in western Germany. The village is set to be demolished to expand the Garzweiler lignite mine under an agreement signed with the federal government. RWE and Germany have pledged to bring forward the phaseout of coal in the state of North Rhine-Westphalia by eight years to 2030, but the government has also decided to prolong the life of two coal power plants and allowed further mining in Lutzerath to reduce gas consumption amid an energy crisis triggered by Russia's invasion of Ukraine. Dow Jones & Co. owns Factiva. (giulia.petroni@wsj.com)

(END) Dow Jones Newswires

January 09, 2023 04:43 ET (09:43 GMT)

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