RWE to restart all three reserve lignite plants, expects scant earnings from them

Published 17:48 on August 11, 2022  /  Last updated at 12:14 on August 12, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

Germany-based utility RWE is to restart all three of its reserve-held lignite-based power plants from October but does not expect to generate big earnings from them, the company's executives said in half-year results on Thursday, while adding that power hedging had been much more “conservative” than normal.

Germany-based utility RWE is to restart all three of its reserve-held lignite-based power plants from October but does not expect to generate big earnings from them, the company’s executives said in half-year results on Thursday, while adding that power hedging had been much more “conservative” than normal.

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