1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power Market Trends

Rationale behind RWE’s Losses and Revival Strategy

  • March 2014
  • 8 pages
  • GlobalData
Report ID: 2114490

Summary

Table of Contents

Rationale behind RWE’s Losses and Revival Strategy

Summary

For the first time in its 60 years of operation, the Germany-based European power giant Rheinisch-Westfälisches Elektrizitätswerk (RWE) has posted a net loss, amounting to €2.8 billion ($3.8 billion) for the fiscal year ended 2013. This can be attributed to impairment losses of €4.8 billion ($6.6 billion) following a drop in the value of its power plants. Increasing subsidies for renewable energy have posed a serious threat to coal and gas-fired power plants, leading to losses in profitability and applicability. The company’s operating result declined by 8% in 2013 to €5.9 billion ($8.1 billion) compared to 2012, in which conventional electricity generation alone accounted to €1.4 billion ($1.9 billion). This has forced RWE to plan to shut down 7 Gigawatt (GW) of conventional power generation based on hard coal and gas across Europe. Similar situations have arisen for other major players such as Électricité de France (EDF), E.ON and Gaz de France Suez (GDF Suez). This may lead to capacity and supply restraints and further to a deteriorating power scenario across the continent.

Scope

- Reasons for RWE's losses.
- Strategic steps taken to revive financial conditions.
- The impact of RWE's losses in the European Power Industry.

Reasons to buy

- Gain insight into the reasons behind the loss of thermal power stations in Europe.
- Comprehend the strategic moves for financial revival.
- Identify the impact of RWE's losses on Europe.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Synchronous Condenser Market by Cooling Type, Reactive Power Rating, Type, Starting Method, End User, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The synchronous condensers market is expected to reach USD 572.9 million by 2021, at a CAGR of 2.1% from 2016 to 2021” The synchronous condensers market is projected to reach USD 572.9 million by ...

Virtual Power Plant Market by Enabling Technology (Demand Response, Distributed Generation, and Mixed Asset), End-Use Customer (Commercial & Industrial, and Residential) and by Region - Global Trends & Forecasts to 2021

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“The virtual power plant market is projected to grow at a CAGR of 29.68% from 2016 to 2021” The virtual power plant market is projected to reach USD 709.2 million by 2021, at a CAGR of 29.68% from ...

Telecom Power System Market by Grid Type, Component, Power Source, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“Telecom power system market estimated to grow at a CAGR of 10.26% between 2017 and 2022.” The telecom power system market is expected to be worth USD 4.53 billion in 2022, growing at a CAGR of 10.26% ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.