RWE REDUCES ITS INVESTMENTS IN GREEN ENERGY

The RWE Group, Germany's leading electricity producer and a major player in renewable energies, has announced a reduction in its investments in this sector by lowering its overall program to 35 billion euros by 2030. The reasons for this decision are rising interest rates, regulatory uncertainties, geopolitical tensions and difficulties in the supply chain.
In 2024, RWE recorded a 43% drop in its adjusted net profit, causing its share price to fall. In response to investor criticism of the profitability of the projects, the company has raised its expected returns and plans to invest €7 billion this year in wind, solar and energy storage, down from €10 billion in 2024.
In addition, RWE is calling on the German government to speed up the construction of gas-fired power stations and to relax regulations on green hydrogen.