RWE denies study flagging 1 billion euro coal plant losses in 2019

LONDON/FRANKFURT (Reuters) - RWE denied on Thursday a report saying the German power firm would face nearly 1 billion euros (863.72 million pounds)of losses related to its coal-fired power plants this year.The think tank Carbon Tracker Initiative reported that four in five coal plants in the European Union were unprofitable and utilities faced losses of nearly 6.6 billion euros this year.It said RWE faced the biggest losses, calculated at 975 million euros, equal to 6% of its market..