Our current industrial and service-sector society has many lifelines: data networks, mobility, competitive industries and building infrastructure. The one thing these all have in common is the need for electricity – the key energy of our time. The more digitalisation and electrification progresses, the greater the need for secure, 24/7 supply. Our company faces the huge challenge of meeting the burgeoning demand for power while at the same time mitigating against climate change. RWE produces that much-needed electricity – clean, safe and affordable power. We are investing heavily in the expansion of renewables and storage technologies. With our flexible power plant fleet, we underpin the nation’s security of supply. Our goal is clear: to be carbon-neutral by 2040.
We are key drivers of the energy transformation – working to achieve ambitious goals
The RWE Group is a world leader in renewables with a clear growth focus. RWE keeps its finger firmly on the pulse and is proactively driving change towards the age of renewables. Change is part of the history of RWE. It is also the prerequisite to future-proofing our company. RWE leverages innovation and investment as the basis for a carbon-neutral future.
RWE Renewables, the newest subsidiary of the RWE Group, is one of the world leaders in renewables. With around 3,500 employees, the company has onshore and offshore wind farms, photovoltaic plants and battery storage systems with a capacity of 9 gigawatts. RWE Renewables is driving the expansion of renewables in over 15 countries on four continents. An investment budget of 5 billion euros net is earmarked for further growth through to 2022. With the participation of potential project partners, our medium-term investment budget could be as high as 9 billion. The Americas, our core markets in Europe and the Asia-Pacific region are the key focus of RWE investment activity.
With its highly efficient power plants in Germany, the United Kingdom and the Netherlands, the 3,000 employees of RWE Generation produce power from gas, hard coal, hydro and biomass. RWE Generation is the number three company in the European gas sector – an excellent starting point. After all, gas is becoming more and more important as the bridge between the old energy world and the new age of renewables. In the Netherlands in particular, the company is focusing on biomass by converting two hard-coal power plants to this carbon-neutral energy source. RWE is also represented in many core markets with hydropower plants.
RWE Power AG, Essen/Cologne, with a workforce of 11,000 employees, is responsible within the Group for power production from lignite and nuclear energy. In the Rhineland region, it operates three open-cast lignite mines, with production there dedicated primarily to electricity generation from its own power plants. Some lignite is also refined to produce solid fuel and filter materials. In addition, the company is responsible for post-operational and dismantling work on the RWE nuclear plants. Power plants in this business segment currently contribute a total of around 13 gigawatts to the grid.
RWE Supply & Trading
RWE Supply & Trading is the interface between RWE and energy markets around the world. A total of 1,600 employees from 40 different countries are engaged in the trade of electricity, gas, commodities and carbon emission certificates. With precise market analysis and a strong customer focus, they create innovative energy-supply solutions and risk-management concepts for industrial companies. The trading house also ensures commercial optimisation of RWE power plants, as well as operating natural gas storage systems and marketing renewable electricity. In addition, the separate legal entities of RWE gas storage companies also come under the umbrella of RWE Supply &Trading.
We will be carbon neutral by 2040, with clean, secure and affordable energy.