Germany’s top utility RWE is reducing its investment program for low-carbon energy projects by $10.9 billion (10 billion euros) amid mounting uncertainties about renewable energy policies and profitability. RWE’s construction projects in renewable energy, totaling more than 12 gigawatts (GW), are progressing as planned, chief executive Markus Krebber said on Thursday in comments to the 2024 financial results. However, “The company is responding to regulatory uncertainties, constraints in the supply chain, geopolitical risks and…
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