Energie: Drei Milliarden Euro mehr – RWE schraubt Investitionen hoch

RWE, a German energy company, saw its first half-year profit increase by three billion euros due to several factors, including fluctuating prices for electricity, oil, and gas, better wind conditions in Europe, compensation payments from the Netherlands, and expanded green energy capacities. Overall, the company's Ebitda (earnings before interest, taxes, depreciation, and amortization) grew by one billion euros in the first six months compared to the previous year.

RWE CEO Markus Krebber attributed this success to the company's diverse portfolio, including renewable energy, flexible generation, storage, energy trading, and network infrastructure. The energy trading segment experienced a significant growth, with Ebitda rising from 16 million to 134 million euros, primarily due to volatile prices for electricity, coal, oil, and gas.

In terms of power generation, better wind conditions resulted in improved performance in both offshore and land-based scenarios. However, the Ebitda in "flexible generation" skyrocketed from nearly 600 million euros to over one billion euros in the first half of the year, mainly due to a compensation payment of 332 million euros.

In the second part of the report, the company's significant investment in Amprion, the transmission system operator, was discussed. RWE increased its stake in Amprion to a majority position, paying 3.6 billion euros for the acquisition of two tranches. This investment is expected to boost the company's Ebitda from 5.2 to 5.8 billion euros to between 5.7 and 6.3 billion euros by the end of 2026.

Additionally, RWE announced that it plans to invest nine to eleven billion euros in expanding the power grid, up from the previously projected six to eight billion euros. Despite the increased investment, several green energy providers have called for a thorough review of the deal by the Federal Network Agency, citing concerns about market concentration and competition.