German company RWE, which specializes in electricity generation from renewable energy, on Thursday confirmed its business expectations for the current year. The company said it continues to assume it will not be able to match the “very good” earnings situation of 2023 in 2024. The energy company expects earnings before interest, taxes, depreciation and amortization (EBITDA) adjusted for one-off effects to be in the range of €5.2 billion ($5.7 billion) to €5.8 billion in 2024 – as already announced in November. “Due to the recent significant drop in power prices on the European wholesale market…