RWE AG Class A

RWE: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€54.00	Tjbpw	Pmydhcbqw

RWE Is Favorably Exposed to High-Generation Margins and the Energy Transition

Tancrede Fulop

Jan 31, 2023

Business Strategy and Outlook

RWE has been heavily hit by the collapse of power prices and upheaval of German energy policy since 2011, which led to the cancelation of the dividend between 2015 and 2018. Since 2016, the backdrop improved with the rebound of power prices and EUR 1.7 billion nuclear fuel tax refund in mid-2017.

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