Focus on 2021.

We have been active in offshore wind for 20 years now, making us a world leader in this field. At the end of 2021, our offshore wind power portfolio had a total pro-rata capacity of 2.4 GW – a figure that is expected to hit 8 GW by 2030. Our wind farms are currently located in the coastal waters of the United Kingdom, Germany, Belgium, Sweden and Denmark, but we have also cast our eye further afield, beyond Europe. Together with local partners, we are working on offshore wind projects in the USA, Japan, Taiwan and South Korea.

In recent years, we have forged a range of partnerships with businesses and research institutes seeking to collaborate on creating an expansive hydrogen infrastructure. Our aim is to have built electrolysis capacities totalling 2 GW by 2030. We want to be active along the entire value chain, from green electricity generation and hydrogen production by electrolysis to hydrogen trading and storage and the conclusion of individual supply agreements with major industrial customers. Our regional focus in these activities is on Germany, the United Kingdom and the Netherlands.

We have more than two decades of experience in onshore wind and are among the global leaders, with pro-rata generation capacity of 7 GW. We intend to boost this figure to 12 GW by 2030. In terms of solar, where our capacity currently stands at 0.5 GW, we are still in the start phase. However, we aim for a steep expansion curve towards 8 GW by the end of the decade. Our onshore wind and solar activities will focus on North America and Europe.

Companies outside the RWE Group can also benefit from our expertise. We offer a wide range of products and services, running the gamut from traditional energy supply contracts and comprehensive energy management solutions to sophisticated risk management concepts.

RWE has been involved in the development, construction and operation of battery storage systems for many years now. Our aim is to increase installed capacity from 47 MW in late-2021 to 3 GW by the end of this decade. Moving forward, we will focus our efforts on building battery projects that are coupled with solar or wind power plants. This will optimise the feed-in of electricity into local grids, helping to improve the profitability of the farms. Furthermore, with an installed capacity of 14.1 GW, our gas-fired fleet is the second-largest in Europe.