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RWE Urges U.K. to Give Power Makers Long-Term Guarantees

RWE AG, producer of about 10 percent of the U.K.’s power, urged the government to focus the nation’s strategy on offering long-term guarantees to limit the risks faced by developers of nuclear and renewable power.

The U.K., seeking 200 billion pounds ($324 billion) of investment to replace aging power stations, plans to set new rules for its electricity market this year. The government is taking comments through today on proposals including a minimum levy for carbon-dioxide emissions, pollution limits on new power stations, payments to reduce electricity demand, and fixed payments for nuclear and wind generation.