"Brutal" war in Ukraine can alter coal's future – but not RWE's guidance
While the German utility readies itself to replace Russian gas with coal power and accelerate installation of renewables, RWE expects that the war in Ukraine will not have a significant effect on the company’s bottom line.
BY FREJA CELINE ERIKSEN, TRANSLATED BY DANIEL FRANK CHRISTENSEN
RWE has yet to incorporate the effects of the war in Ukraine in the company’s financial outlook for 2022. Nevertheless, RWE Chief Executive Markus Krebber is not counting on Russia’s invasion of its western neighbor to have much of a meaningful impact on the group’s financial results.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
.jpg&w=384&q=75){kind=logo}
