Profits fell at Innogy in the first half of 2018 due to the non-recurrence of positive one-off effects in its retail business in 2017, as well as an unexpected commodity price increase driven by cold weather in the Netherlands, but the German utility continues to boost its renewable generation.

In the renewables division – which is slated to be re-integrated into the energy generation business of parent RWE and merged with that of rival E.ON