Europe’s energy crisis: how are the continent’s leading power companies responding?

In 2022, Russia’s invasion of Ukraine, a record-breaking drought and nuclear outages in France combined to produce unprecedented volatility in Europe’s power markets. The German government’s rescue of Fortum’s Uniper subsidiary highlighted the vulnerability of some companies to structural weaknesses in the continent’s energy market. We analyse how Europe’s leading power utilities have responded to the continent’s energy crisis. covering operational performance, finances and strategy. Companies included in this report are EDF, EoN, EnBW, EDP, Enel, Engie, Fortum, Iberdrola, Naturgy, Ørsted, RWE, SSE, Vattenfall and Verbund.