For more than 125 years, our product has always been the same: electricity. What has changed is how we produce it. We produced our very first megawatt hour from hard coal. Later, lignite and nuclear were our main energy sources. Today, they have been replaced with climate-friendly wind, sun, water and natural gas. In the future, all of our electricity generation will be carbon neutral. And we want to accomplish this by 2040.
Energy is the lifeblood of our economy, and in today’s society, demand is only increasing – whether in industry, transport or buildings. Digitalisation and artificial intelligence are also driving demand for our product. To meet this growing need for electricity, global economies require powerful, reliable energy systems built on solid foundations: renewable energy, battery storage, flexible backup power plants, and infrastructure for green hydrogen. Our strategy is designed to strengthen these building blocks.
They present RWE with huge opportunities to grow profitably. We are investing billions of euros in expanding our generation portfolio, in particular in offshore and onshore wind, solar energy, batteries, flexible generation and hydrogen projects. While decarbonising our portfolio even faster, we are growing green and increasing our earnings – all in line with the 1.5-degree pathway and our goal of becoming net-zero by 2040. And we expect this to be reflected in our earnings. We are aiming for annual growth in adjusted EBITDA of 12%, which is expected to reach between 9,200 and 10,000 million euros by 2031. We estimate adjusted net income for 2031 to be between 2,800 and 3,400 million euros.
We also want to deliver a higher dividend increase than previously planned, and aim to increase the dividend by 10% annually. The dividend target for the 2025 fiscal year is €1.20 per share. As we work to accomplish this, we will also make a socially acceptable exit from coal-fired generation. We want to do this as quickly as possible, while ensuring security of supply at all times.
Green electricity presents us with huge opportunities to grow profitably: In the years 2026 to 2031, we will invest billions of euros to expand our portfolio.
By aligning our environmental and economic targets, we are gaining increasing acceptance among our stakeholder groups: investors, employees, environmental activists and policymakers. By enabling the future’s sustainable energy world, we are securing our place in it. RWE’s purpose ‘Our energy for a sustainable life’ expresses that this responsibility is what drives us and shapes our entrepreneurial actions.
Our path leads to a sustainable, carbon-neutral energy world.
Come join us as a shareholder and benefit from the opportunities this path has to offer.
