Utility RWE reports 26% drop in thermal output while easing hedging

Published 13:46 on November 12, 2020  /  Last updated at 22:10 on November 12, 2020  /  EMEA, EU ETS  /  No Comments

Germany-based utility RWE saw its ETS-covered thermal generation fall 26% year-on-year over the first nine months of 2020, the company said on Thursday, which along with an easing in hedging represents a bearish signal for EUAs.

Germany-based utility RWE saw its ETS-covered thermal generation fall 26% year-on-year over the first nine months of 2020, the company said on Thursday, which along with an easing in hedging represents a bearish signal for EUAs.

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