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Because of the extreme onset of winter in parts of the USA, RWE expects financial losses in the three-digit million range.

In the state of Texas, some of the RWE wind turbines are out of order due to icing and network problems, the Essen-based energy company announced on Thursday evening.

The focus is currently on getting the affected wind turbines back on track.

The extreme weather also affects electricity prices.

Since RWE has sold part of the production from the wind turbines in advance, the group now has to buy additional quantities of electricity "at exceptionally high prices" in order to meet its delivery obligations, it is said.

The high demand in combination with the low production caused purchase prices to rise.

Overall, due to the current situation, RWE expects that earnings before interest, taxes, depreciation and amortization (Ebitda) in the Onshore Wind / Solar segment will be burdened with a low to mid three-digit million euro amount in the current year.

The RWE share fell around 2 percent on Friday morning.

Analysts emphasized, however, that the losses are one-time effects.

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The US electricity market is of great importance to RWE.

The group is continuously expanding its generation capacity there.

Last month the Essen-based company put their 26th and 27th US wind farms into operation.

The US now accounts for more than a third of the company's total renewable energy capacity.

Parts of the United States are currently plagued by a severe onset of winter that has led to massive power outages.

The state of Texas in the south of the country is hardest hit.

The power grid in the state just missed a catastrophic total collapse.

The head of the electricity network operator Ercot, Bill Magness, said it was a matter of "seconds and minutes", which is why the network had to be relieved quickly through controlled interruptions in the power supply.