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External revenue posted by RWE Power increased by 8 % to €1,435 million. As explained, almost all our German electricity production is sold on the market by RWE Supply & Trading and RWE Energy. Therefore, RWE Power’s external revenue is relatively low. It primarily comes from electricity sales generated by non-German subsidiaries (predominantly by Mátra in Hungary) and the marketing of lignite-based products (e.g. briquettes).
The increase in revenue is in part due to the fact that we were able to sell our power generation in Hungary at higher prices. Revenue from the sale of lignite products was also up. The transfer of the renewables-based power production business to RWE Innogy had a counteracting effect.
