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Stock Exchange News:

  • RWE Common Share 19.41 EUR -2.26% (06/29/2015 19:24, Frankfurt)

RWE is one of Europe’s five leading electricity and gas companies. Through our expertise in lignite production, in electricity generation from gas, coal, nuclear and renewables, and in energy trading as well as electricity and gas distribution and supply, we are active at all stages of the energy value chain. Around 60,000 employees supply over 16 million electricity customers and 7 million gas customers with energy, both reliably and at fair prices. In fiscal 2014, we recorded approximately €48 billion in revenue.

Europe is our market: in terms of sales, we are No. 3 in electricity and No. 5 in gas. In Germany, the Netherlands and the United Kingdom, we are among the largest suppliers of both fuels. In the Czech Republic, we are No. 1 in the gas business. We also have leading positions in other markets in Central Eastern and South Eastern Europe.

The European energy sector is undergoing fundamental change. Political intervention is making our business challenging. In addition, the subsidised expansion of renewable energy in Germany is causing the margins and utilisation of conventional power stations to decline. All of this is having a significant effect on our earnings. To succeed in this environment, we launched the ‘RWE 2015’ programme. It includes comprehensive measures to reduce costs and increase revenue. By decreasing investment and reducing debt, we want to improve our financial flexibility. Moreover, we are striving for a corporate culture which encourages each individual to be creative and courageous enough to use change as a basis for making progress.

Despite difficult framework conditions, we want to play our part in the continued development of the European energy system, proving that we are trustworthy and high performing. We are investing in the expansion of renewable energy and the modernisation of network infrastructure. In addition, we take advantage of opportunities in the market which arise due to new customer demands by offering a wide range of innovative energy products and services.

News & Ad hoc Announcements

18 June 2015

World’s 2nd largest offshore wind farm Gwynt y Môr officially inaugurated

Today the Gwynt y Môr wind farm, located eight miles offshore in Liverpool Bay, will be officially inaugurated by Carwyn Jones, First Minister of Wales. With an installed capacity of 576 megawatts, Gwynt y Môr is the world’s 2nd largest offshore wind farm. In total, 160 wind turbines will produce enough power to supply some 400,000 residential households with renewable electricity per year.
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15 June 2015

Renewables go online

Just in time for Global Wind Day, RWE Innogy is launching a new web application with live production data.
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10 June 2015

RWE enters the Slovenian market

RWE entered the Slovenian market today. With fair and competitive prices and solutions for more efficient energy consumption, RWE will enable the average Slovenian household to save up to €100 per year and to reduce its electricity consumption by up to 15%.
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Next event

13 August 2015

Interim Report on the first half of 2015 with press conference call and investor and analyst conference call

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