RWE AG - Company Profile
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RWE AG (RWE) is an energy utility company. The company has presence across the energy value chain, from lignite production and electricity generation to energy trading and operation of distribution networks, and supply of electricity, gas, and energy solutions. It produces electricity using conventional, nuclear, and renewable sources. RWE trades electricity, oil, natural gas, biomass, coal, and CO2 certificates; retails electricity and gas; and sources fuel needed to produce electricity and heat, and markets the electricity generated by its plants. It also plans, builds, and operates renewable energy facilities; and manages electricity and gas distribution networks. The company serves residential, commercial, industrial, and corporate customers in European Union member countries, Benelux, Eastern Europe, and other countries in the continent. RWE is headquartered in Essen, Nordrhein-Westfalen, Germany.
RWE AG premium industry data and analytics
Products and Services
Products | Services |
---|---|
Gas | Gas Storage |
Electricity | Gas Transportation |
Trading of Energy Products |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, the company secured a 495 MW Electricity Business Licence from the Ministry of Trade, Industry & Energy of Korea for the Seohae offshore wind project. |
2024 | Plans/Strategy | In April, the company announced its plans to build a green hydrogen production facility in South Wales, the UK. |
2024 | Contracts/Agreements | In April, the company signed a memorandum of understanding with FibreMax to advance the development and support of synthetic mooring technology for its use in floating wind generation. |
Competitor Comparison
Key Parameters | RWE AG | Electricite de France SA | EnBW Energie Baden-Wurttemberg AG | Energeticky a Prumyslovy Holding AS | Vattenfall AB |
---|---|---|---|---|---|
Headquarters | Germany | France | Germany | Czech Republic | Sweden |
City | Essen | Paris | Karlsruhe | Prague | Solna |
State/Province | Rheinland-Pfalz | Ile-de-France | Baden-Wurttemberg | North Bohemian | Stockholm |
No. of Employees | 20,135 | 165,028 | 28,630 | - | 19,638 |
Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
![Image for loader](https://assets.globaldata.com/gdcom/assets/img/ajax-loadernew.gif)
Net Income Growth
![Image for loader](https://assets.globaldata.com/gdcom/assets/img/ajax-loadernew.gif)
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Werner Brandt, Ph.D. | Chairman | Executive Board | 2013 | 69 |
Markus Krebber, Ph.D. | Chief Executive Officer; Director | Executive Board | 2021 | 49 |
Michael Muller, Ph.D. | Chief Financial Officer; Director | Executive Board | 2021 | 52 |
Zvezdana Seeger | Chief Human Resources Officer | Senior Management | 2020 | 59 |
Ralf Sikorski | Deputy Chairman; Director | Executive Board | 2021 | 62 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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