RWE raises total earnings forecasts, but wind earnings remain flat
RWE raises total earnings forecasts, but wind earnings remain flat | Windpower Monthly
RWE raises total earnings forecasts, but wind earnings remain flat
German utility RWE has raised its earnings forecasts on the back of better performance from its core generation assets and supply and trading arm, although it has kept its forecasts from its wind generation units flat.
Sign in to continue
Need to activate your subscription?
Already a subscriber
If you haven't already,
activate your subscription here>>
Company Domain Access
If your company has a corporate subscription simply
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”