Tag: RWE
Why the energy company RWE makes billions in profits
As of: March 14, 2024 4:56 p.m At the energy company RWE, profits last year were almost a billion euros higher than expected – partly because of high electricity prices.…
RWE: Falling electricity prices are a burden on the economy
What pleases consumers is a burden for RWE: The electricity producer expects significantly lower profits this year, “due to the recent sharp fall in electricity prices on the European wholesale…
Chemical companies: Industry doubts the coal phase-out – Economy
Markus Steilemann is CEO of the plastics manufacturer Covestro and President of the Chemical Association. He believes that a quick abandonment of climate-damaging power plants is unrealistic. An opinion with…
Eon boss Birnbaum: “The network is clearly at its limit” – Economy
The electricity company Eon is responsible for connecting all the new wind and solar parks. Company boss Leonhard Birnbaum fears higher costs for consumers – and criticizes the federal government.…
Interview with RWE boss Krebber: “Bavaria is not yet where it could be” – Economy
RWE boss Markus Krebber is currently restructuring Germany’s largest electricity producer: away from nuclear power and coal and towards renewable energies. He expects rising costs for consumers – and denounces…
Coal phase-out: EU Commission approves billions in payments to RWE
As of: December 11, 2023 12:20 p.m Germany is allowed to pay the energy company RWE 2.6 billion euros in state aid. The EU Commission approved the aid paid for…
Coal phase-out: RWE receives 2.6 billion euros from taxpayers – business
The federal government is allowed to pay Germany’s largest electricity producer RWE 2.6 billion euros in compensation for the coal phase-out. The EU Commission approved this state aid on Monday.…
RWE: Why the DAX group is investing more in green electricity – economy
Germany’s largest electricity producer RWE wants to significantly increase investments in wind and solar parks and other green technologies. Between 2024 and 2030, the Essen-based DAX group would like to…
Thanks to the energy transition: RWE can more than double its profits
As of: November 14, 2023 2:09 p.m The energy company RWE has done good business primarily with electricity generation from renewable energies and LNG trading. The DAX group more than…
Why RWE doubles its profits – Economy
Less electricity produced, but profits almost doubled: the first nine months of the year were extremely lucrative for the Essen-based electricity company RWE. “Our strong investment activity is paying off,”…