SSE PLC
SSE: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| GBX 8,965.00 | Qvfy | Hjzzcfcj |
EU's Reported EUR 200/MWh Power Price Cap Positive for Utilities; We Prefer RWE and Engie
As the energy crisis deepens, an emergency meeting between European Union energy ministers will be held on Sept. 9. A key topic will be the implementation of a power price cap to funnel nongas power producers' windfall profits to consumers. According to the Financial Times, the European Commission is mulling a cap of EUR 200 per megawatt-hour.