RWE CFO: hope to get details on power plant strategy before summer break

Reuters05-15

FRANKFURT, May 15 (Reuters) - RWE has not received any indication from Berlin on when to expect crucial details on a vital German power plant strategy, its finance chief Michael Mueller said on Wednesday, adding he hoped that would happen before the summer break.

Germany's government in February agreed plans to subsidise 10 gigawatts of gas power plants that can switch to hydrogen but has so far failed to deliver details for the process that are important for utilities to make investment decisions.

(Reporting by Christoph Steitz and Vera Eckert, editing by Andrey Sychev)

((christoph.steitz@thomsonreuters.com; +49 30 220 133 647))

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