RWE CFO: We Need Higher Commodity, Power Prices

RWE CFO: We Need Higher Commodity, Power Prices

Assessment

Interactive Video

Business

University

Hard

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The video discusses the adjusted forecast for 2016, indicating a slight loss due to unadjusted guidance and net debt issues. It highlights the challenges faced by the industry, driven by collapsing commodity and power prices, particularly in Europe. The discussion includes potential recovery catalysts like higher power prices or regulatory interventions. The focus shifts to Germany, addressing the need for a solution on nuclear exit provisions and a reasonable market design to support conventional power plants as backups for renewable energy.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the financial outlook for the company for the rest of 2016?

A major loss

No change

A slight loss

A significant profit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons for the industry's current challenges?

High commodity prices

Regulatory stability

Increased demand for power

Collapse of commodity and power prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following could help improve the energy market situation?

Reduced power generation

Lower power prices

Higher commodity prices

Decreased regulation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key issue affecting the German energy market?

Nuclear exit discussions

Surplus of conventional power plants

High electricity prices

Excessive renewable energy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are conventional power plants still necessary in Germany?

They are more environmentally friendly

They provide backup for renewable energy

They are cheaper to operate

They have higher efficiency