EWE AG - Company Profile

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Business Description

EWE AG (EWE) undertakes the distribution of electricity, natural gas, and water. It operates telecommunication networks and provides information technology services to customers in the public sector, energy and telecommunications sectors, industrial companies, and service providers.

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R&D Overview

EWE has been actively involved in various innovative research and development projects in the grids business area, focusing on the management and operation of power and gas grids. In FY2024, the company continued work on projects such as Warmewende Nordwest, Redispatch 3.0, unIT-e², and WARAN. The ANaPlanPlus project, which dealt with automated grid expansion planning, was successfully completed. The company also received funding grants for Important Projects of Common European Interest (IPCEI) to build one of Europe’s largest electrolyzers, convert a natural gas cavern to hydrogen storage, and develop hydrogen infrastructure. The WARAN project aims to explore power and heating sector coupling, while the Redispatch 3.0 project focuses on improving the integration of low-voltage plants and enhancing cooperation between distribution and transmission system operators. The unIT-e² project contributes to digitalization and aims to optimize the management of low and medium-voltage grids. EWE is also involved in the Clean Hydrogen Coastline IPCEI project, which covers the entire hydrogen value chain. Additionally, the company is working on the kurSyV project to explore curative system management in the distribution grid. EWE NETZ and BTC AG are involved in specific projects, with EWE NETZ coordinating market players and BTC AG developing a digital heating transition platform.

Business Segments

Overview

Operates power grids and natural gas networks in the Ems-Weser-Elbe region of Germany, Brandenburg, the island of Rugen, and North Western Pomerania. It also includes telecommunications networks and gas storage activities.

Performance

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Overview

Focuses on planning, building, and operating onshore and offshore wind farms to generate renewable power.

Performance

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Overview

Combines the sale of energy and telecommunications products, focusing on energy and telecommunications sales, energy trading, and electromobility. It primarily serves northwestern Germany, parts of Brandenburg, the island of Rügen, and East Westphalia-Lippe, with business customers throughout Germany.

Performance

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Overview

Includes business activities in Poland, information technology, and the innovation division.

Performance

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Overview

Encompasses business activities in the cities of Bremen and Bremerhaven and their surrounding areas.

Performance

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Performance

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Geographical Segments

Performance

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Performance

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