KeyfactsEnergy

RWE Renewables

Contacts

RWE AG
Hyssenallee 2
45128 Essen
Germany

Tel: +49 (0)201-1200

Description

With its four subsidiaries RWE Power, RWE Generation, RWE Supply & Trading and RWE Renewables – RWE AG is a leading player in the field of renewable energy.

RWE Renewables

RWE Renewables has more than 9 gigawatts of installed capacity and 2.6 gigawatts under construction. The company has particularly strong capabilities and long-term expertise in the development, construction and operation of large offshore wind farms. With a total installed offshore wind capacity of 2.5 gigawatts, RWE Renewables ranks number 2 globally. Around 1.5 billion euros are to be invested annually in renewables and storage technologies; in all the company's technologies – offshore and onshore wind as well as photovoltaics. Together with its partners, the company will be able to create an extra 2 to 3 GW per year in this way and a large share of that capacity will be added to the RWE Renewables portfolio.

RWE Generation

With its highly efficient power plants in Germany, the UK and the Netherlands, RWE Generation’s approximately 3,100 employees produce electricity from gas, hard coal, hydropower and biomass. Its gas fleet is the fourth largest in Europe. One of the energy sources used by the company is biomass, in particular in the Netherlands where two hard-coal-fired power plants are being converted to the carbon-neutral fuel. RWE also operates hydro-electric power plants in many core markets.

RWE Power

RWE Power’s conventional power plants are the backbone for providing security of supply. The company has approximately 11,000 employees and produces electricity from lignite and nuclear energy. Those fuels reliably produce electricity when the wind and the sun are not available. Currently, they generate around 15% of the total electricity output in Germany. The lignite-fired power plants are supplied from nearby opencast mines, so the entire value creation process from mining to electricity generation takes place in the Rhenish lignite-mining area.

RWE Supply & Trading

RWE Supply & Trading provides the interface between RWE and energy markets around the globe. Around 1,600 employees from 40 countries trade electricity, gas, commodities and CO2 emission certificates. The trading company is also responsible for commercial asset optimisation at RWE, operates natural gas storage facilities and markets green electricity produced by RWE Renewables. In addition to physical and derivative commodities, the trading portfolio comprises emissions certificates, freight, weather derivatives and biomass. RWE Supply & Trading offers major industrial companies and trading partners trading-based portfolio management, long-term supply concepts and risk management solutions. In all our activities we actively support technological progress.

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