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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
POWER
RWE’s power generation in the first half of this year declined to 58.9TWh, down from 67.6TWh for the same period last year, while renewables output increased by 19.13% on the year to 26.22TWh, the firm said.
- Overall output was partly lower due to the firm’s nuclear exit in Germany in April 2023.
- RWE’s offshore wind output in 1H24 increased to 5.85TWh, up from 5.25TWh last year, due to better wind conditions but despite lower fleet availability.
- Onshore wind and solar PV output in the first half of this year rose to 17.58TWh, up from 13.76TWh due to new capacity additions in Europe and the US as well as better wind conditions in Europe.
- Gas-fired output in Germany, the Netherlands and the UK declined on the year driven by market pricing, as well as maintenances in the UK.
- RWE’s gas-fired power generation declined to 15.56TWh in 1H2024, down from 21.63TWh last year.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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