Ørsted and rivals impacted by UK energy company's weak figures

"We expect UK renewable wind operators could be impacted as well," says John Musk, Analyst at RBC, to Bloomberg News.

Photo: Ørsted PR

According to Bloomberg News, European energy companies, including Danish utility Ørsted, had a rough Thursday on the stock exchange after the UK energy company Scottish and Southern Energy (SSE) announced that the company's electricity production has been impacted by the mild weather in spring and the beginning of summer.

SSE's result for the first quarter, which covers April, May and June, was impacted by lower electricity outputs from the company's renewable energy sources such as wind, the company explained in a trade update Thursday morning.

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