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RWE
RWE
AG, until 1990: Rheinisch-Westfälisches Elektrizitätswerk AG (Rhenish-Westphalian Power Plant), is a German electric utilities company based in Essen, North Rhine-Westphalia. Through its various subsidiaries, the energy company supplies electricity and gas to more than 20 million electricity customers and 10 million gas customers, principally in Europe. RWE
RWE
is the second largest electricity producer in Germany, and has increased renewable energy production in recent years.[3] RWE
RWE
previously owned American Water, the United States' largest investor-owned water utility, but this was divested in 2008. It also owned RWE
RWE
Dea (now DEA AG), which produced some of the oil and gas RWE sold (annual production is around 2 million m3 of crude oil (about 365,000 BOE) and 3 billion m3 of natural gas (about 18 million BOE, 49,300 BOE) a day.[4] RWE
RWE
confirmed in December 2015 that it would separate its renewable energy generation, power grid and retail operations into a separate company, Innogy
Innogy
SE, during 2016, and sell a 10% holding in the business through an initial public offering. The restructuring was caused by an effort to reduce the group's exposure to nuclear decommissioning costs, required due to a German government policy of closing all nuclear power stations by 2022.[5]

Contents

1 History 2 Operations 3 Fuel mix disclosure 4 See also 5 References 6 Further reading 7 External links

History[edit]

RWE Tower
RWE Tower
in Essen

The company was founded in Essen
Essen
in 1898 as Rheinisch-Westfälisches Elektrizitätswerk Aktiengesellschaft
Aktiengesellschaft
(RWE) by Elektrizitäts-Actien-Gesellschaft vorm. W. Lahmeyer & Company (EAG) and others.[6][7] Its first power station started operating in Essen
Essen
in 1900.[7] In 1902, EAG sold its shares to a consortium formed by Ruhr industrialists Hugo Stinnes
Hugo Stinnes
and August Thyssen.[7] In 1906, it expanded its operations beyond Essen
Essen
by acquiring Elektrizitätswerk Berggeist AG in Brühl, and Bergische Elektrizitätswerke GmbH, Solingen. At the same year it also acquired shareholdings in the tramway companies Bochum-Gelsenkirchener Straßenbahn AG and Rheinische Bahngesellschaft AG.[7] In 1908, RWE signed a demarcation contract with Vereinigte Elektrizitätswerke Westfalen AG.[6] In 1909, the company opened the Reisholz Power Plant and acquired a stake in the tram company Süddeutsche Eisenbahngesellschaft AG.[7] Before World War I
World War I
municipalities of Essen, Mülheim an der Ruhr, and Gelsenkirchen, became shareholders in RWE.[6] In 2001, RWE
RWE
took over the British company Thames Water.[8] In 2002, it acquired the British electricity and gas utility company Innogy
Innogy
for £3 billion (US$4.3 billion). Innogy
Innogy
was subsequently renamed RWE npower plc.[9][10] In 2003 Dr Dietmar Kuhnt was succeeded by Harry Roels as CEO of the company and then in 2007 Dr. Juergen Grossmann took over. In 2006, RWE
RWE
sold Thames Water
Thames Water
to Kemble Water Limited, a consortium led by Macquarie Group.[11] On 2 April 2011, about 3,000 people protested outside RWE's headquarters in Essen, as part of a larger protest against nuclear power.[12] In July 2012, Peter Terium took over as CEO. On 14 August 2012 RWE
RWE
AG announced that the company would cut 2,400 more jobs to reduce costs. Previously the company had announced to eliminate 5,000 jobs and 3,000 jobs through divestments as anticipated of closing all nuclear reactors by 2022.[13] In August 2013 RWE
RWE
completed the disposal of NET4GAS, the Czech gas transmission network operator, for €1.6 billion to a consortium consisting of Allianz
Allianz
and Borealis.[14] In March 2015, RWE
RWE
closed the sale of its oil and gas production unit, RWE
RWE
Dea, to a group led by Russian billionaire Mikhail Fridman
Mikhail Fridman
despite opposition from UK regulators. The $5.6 billion deal, announced in 2014, required approval from 14 countries where RWE
RWE
Dea operates in Europe, the Middle East and Africa.[15] On 1 April 2016, RWE
RWE
transferred its renewable, network and retail businesses into a separate company named Innogy, which is listed at the Frankfurt Stock Exchange.[16][17] The new entity combined RWE subsidiaries RWE
RWE
Innogy, RWE
RWE
Deutschland, RWE
RWE
Effizienz, RWE
RWE
Vertrieb and RWE
RWE
Energiedienstleistungen.[18] Operations[edit]

RWE
RWE
powerplant in the city of Ibbenbüren

RWE
RWE
operates in Germany, the Netherlands and the UK. In the UK RWE
RWE
fully owns RWE
RWE
Generation UK plc., which operates a number of coal, natural gas, oil-fired and renewable energy power stations across the UK. The company owns the gas-fired power stations Staythorpe in Nottinghamshire, [[Pembroke Power Station]Pembroke] in West Wales, Little Barford in Bedfordshire, Great Yarmouth in Norfolk, and Didcot 'B' Station in Oxfordshire, and the coal-fired power station Aberthaw Power Station
Aberthaw Power Station
in South Wales. It has closed its Didcot 'A' Power Station in Oxfordshire, Littlebrook Power Station
Littlebrook Power Station
in Kent, Fawley Power Station
Fawley Power Station
in Hampshire, and Tilbury Power Station
Tilbury Power Station
in Essex.[19] RWE
RWE
jointly owns one third of the Urenco Group
Urenco Group
with E.ON. The remaining stakes are held by the British and Dutch governments, with one-third each.[20] Fuel mix disclosure[edit] RWE
RWE
produced in 2007 electricity from the following sources: 32.9% hard coal, 35.2% lignite, 1.1% pumped storage, 2.4% renewables, 13.6% gas and 14.9% Nuclear power.[21] In total, the company produced 324.3 TWh of electricity in 2007,[22] which makes it the 2nd largest electricity producer in Europe, after EdF. Electricity production at the German branch of RWE
RWE
had in 2006 the following environmental implications: 700 µg/kWh radioactive waste and 752 g/kWh CO2 emissions.[23] In 2010 the company was responsible for 164.0 MTon of CO2,[24][25] In 2007 the company ranked between the 28th and the 29th place of emitters by country. See also[edit]

Germany
Germany
portal Energy portal Companies portal

Gesellschaft für Nuklear-Service

References[edit]

^ a b c d e "Annual Report 2010" (PDF). RWE. Retrieved 13 March 2011.  ^ "The World's Biggest Public Companies". Retrieved 25 October 2017.  ^ "RWE, Stadtwerke Munchen, Siemens
Siemens
to build wind farm off Welsh coast". 7 June 2010.  ^ " RWE
RWE
Dea". oilvoice.com. Retrieved 20 October 2010.  ^ Steitz, Christophe (1 December 2015). "Germany's RWE
RWE
splits to better absorb cost of nuclear plant closures". Reuters. Retrieved 24 February 2016.  ^ a b c " RWE
RWE
AG History". FundingUniverse. Retrieved 2018-04-07.  ^ a b c d e "Chronicle 1898-1920". RWE. Retrieved 2018-04-07.  ^ "RWE's £4bn buys Thames Water". The Scotsman. 26 September 2000. Retrieved 24 February 2016.  ^ " Innogy
Innogy
agrees to German takeover". BBC News. 22 March 2002. Retrieved 25 December 2012.  ^ " RWE
RWE
Is Set to Buy Innogy". The New York Times. 18 March 2002. Retrieved 25 December 2012.  ^ " Thames Water
Thames Water
to be sold for £8bn". BBC News. 16 October 2006. Retrieved 24 February 2016.  ^ "Thousands of Germans protest against nuclear power". Bloomberg Businessweek. 2 April 2011.  ^ " RWE
RWE
Announces 2,400 More Job Cuts as Power Demand Slumps". 14 August 2012.  ^ RWE
RWE
Annual Report 2013 (PDF). RWE
RWE
AG. p. 23.  ^ "Germany's RWE
RWE
closes $5 billion oil, gas unit sale despite UK opposition". Petro Global News. Retrieved 2 March 2015.  ^ Chazan, Guy (2016-10-07). "Lacklustre market debut for Innogy". Financial Times. Retrieved 2016-10-08.  ^ " RWE
RWE
renewables spinoff Innogy
Innogy
volatile in market debut". Deutsche Welle. 2016-10-07. Retrieved 2016-10-08.  ^ " RWE
RWE
renewables subsidiary launched". Windpower Monthly. 2016-04-01. Retrieved 2016-10-08.  ^ "Our sites in the UK". RWE. Retrieved 25 October 2017.  ^ Powerhouse of the Uranium Enrichment Industry Seeks an Exit 27 May 2013 NYT ^ " Renewables
Renewables
within RWE's capacity and generation mix" (PDF). p. 8.  ^ "Group Electricity Production and Plant Capacity". Retrieved 20 October 2010.  ^ " RWE
RWE
electricity label 2006".  ^ http://www.rwe.com/web/cms/mediablob/en/614918/data/594840/4/rwe/responsibility/cr-reports/CR-Key-Figures-2010.xls ^ Press release Carbon Market Data: "RWE, Enel
Enel
and E.ON
E.ON
top the list of European CO2 emitters" (PDF). Archived from the original (PDF) on 11 April 2009. 

Further reading[edit]

Energy in South East Europe: Corporate Profiles on major investment firms in South East Europe (April 2004) (PDF) of the EU to the 2004 enlargement of the European Union.

External links[edit]

Wikimedia Commons has media related to RWE.

Official website Documents and clippings about RWE
RWE
in the 20th Century Press Archives of the German National Library of Economics
German National Library of Economics
(ZBW).

v t e

RWE

Divisions and subsidiaries

Current

Amprion Elektriciteits Produktiemaatschappij Zuid-Nederland Essent RWE
RWE
Power AG RWE
RWE
Supply & Trading CZ

Former

American Water1 RWE
RWE
Dea RWE
RWE
npower Thames Water1

Joint ventures and shareholdings

Current

Deutsche Gesellschaft zum Bau und Betrieb von Endlagern für Abfallstoffe Gesellschaft für Nuklear-Service
Gesellschaft für Nuklear-Service
(28%) Gundremmingen Nuclear Power Plant
Gundremmingen Nuclear Power Plant
(75%) Innogy
Innogy
(75%) Nabucco Gas Pipeline International GmbH
Nabucco Gas Pipeline International GmbH
(16.67%) Rostock Power Station
Rostock Power Station
(24.6%) Urenco Group

Former

Horizon Nuclear Power1

Places and facilities

Germany

Biblis Nuclear Power Plant Innogy
Innogy
Nordsee 1 Garzweiler surface mine Gundremmingen Nuclear Power Plant Hambach surface mine Lingen Nuclear Power Plant Mittelplate Mülheim-Kärlich Nuclear Power Plant Neurath Power Station Niederaussem Power Station Nordsee-Ost offshore wind farm Rostock Power Station RWE
RWE
Tower

United Kingdom

Aberthaw power stations Atlantic Array Didcot power stations Great Yarmouth Power Station Greater Gabbard wind farm Gwynt y Môr Little Barford Power Station Littlebrook Power Station North Hoyle Offshore Wind Farm Pembroke Power Station Rhyl Flats Staythorpe Power Station Tilbury power stations Triton Knoll
Triton Knoll
(proposed wind farm)

Other

Amercentrale Gazela Pipeline Gjøa oilfield Nabucco pipeline Nakhichevan field

People

Fritz Vahrenholt

Other

Advanced Plant Management System

1Sold 2Decommissioned

Category Commons

Links to related articles

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WorldCat Identities VIAF: 804145858099823021903 LCCN: n81062680 ISNI: 0000 0001 2325 2858 GND: 2123397-4 SUDOC: 032558791 BNF: cb1235

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