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RWE AG
Aktiengesellschaft

Aktiengesellschaft is a German language term that refers to a corporation that is limited by share s, i.e. owned by shareholders, and may be traded on a stock market....
 (until 1990: Rheinisch-Westfälisches Elektrizitätswerk AG, ), is a German electric power
Electric power

Electric power is defined as the rate at which electrical energy is transferred by an electric circuit. The SI unit of power is the watt .When electric current flows in a circuit, it can transfer energy to do mechanical work or work ....
 and natural gas
Natural gas

Natural gas is a gas consisting primarily of methane. It is found associated with fossil fuels, in coal beds, as methane clathrates, and is created by methanogenic organisms in marshes, bogs, and landfills....
 public utility
Public utility

A public utility is an organization that maintains the infrastructure for a public services . Public utilities are subject to forms of public control and regulation ranging from local community-based groups to state-wide government monopolies....
 company based in Essen. Through its various subsidiaries, the energy company contributes electricity and gas to more than 20 million electricity customers and 10 million gas customers, principally in Europe
Europe

Europe is, conventionally, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia to its east by the water divide of the Ural Mountains, the Ural , the Caspian Sea, and by the Caucasus Mountains to the southeast....
. RWE is the second largest electricity producer in Germany. RWE has announced its intention to divest of American Water
American Water (company)

American Water is a public utility company operating in the United States and Canada. It was founded in 1886 as the American Water Works & Guarantee Company. In 1947 it was reorganized as American Water Works Company, Inc. The company was a subsidiary of the German-based RWE, but the company was divested on April 23, 2008 in an I...
, the United States' largest investor-owned water utility.

Company was founded in Essen
Essen

Essen is a city in the center of the Ruhr Area in North Rhine-Westphalia, Germany. Located on the Ruhr River, its population of approximately 579,000 makes it the 7th- or 8th-largest-city in Germany....
 in 1898 as Rheinisch-Westfälisches Elektrizitätswerk Aktiengesellschaft (RWE).






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RWE AG
Aktiengesellschaft

Aktiengesellschaft is a German language term that refers to a corporation that is limited by share s, i.e. owned by shareholders, and may be traded on a stock market....
 (until 1990: Rheinisch-Westfälisches Elektrizitätswerk AG, ), is a German electric power
Electric power

Electric power is defined as the rate at which electrical energy is transferred by an electric circuit. The SI unit of power is the watt .When electric current flows in a circuit, it can transfer energy to do mechanical work or work ....
 and natural gas
Natural gas

Natural gas is a gas consisting primarily of methane. It is found associated with fossil fuels, in coal beds, as methane clathrates, and is created by methanogenic organisms in marshes, bogs, and landfills....
 public utility
Public utility

A public utility is an organization that maintains the infrastructure for a public services . Public utilities are subject to forms of public control and regulation ranging from local community-based groups to state-wide government monopolies....
 company based in Essen. Through its various subsidiaries, the energy company contributes electricity and gas to more than 20 million electricity customers and 10 million gas customers, principally in Europe
Europe

Europe is, conventionally, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia to its east by the water divide of the Ural Mountains, the Ural , the Caspian Sea, and by the Caucasus Mountains to the southeast....
. RWE is the second largest electricity producer in Germany. RWE has announced its intention to divest of American Water
American Water (company)

American Water is a public utility company operating in the United States and Canada. It was founded in 1886 as the American Water Works & Guarantee Company. In 1947 it was reorganized as American Water Works Company, Inc. The company was a subsidiary of the German-based RWE, but the company was divested on April 23, 2008 in an I...
, the United States' largest investor-owned water utility.

History

The Company was founded in Essen
Essen

Essen is a city in the center of the Ruhr Area in North Rhine-Westphalia, Germany. Located on the Ruhr River, its population of approximately 579,000 makes it the 7th- or 8th-largest-city in Germany....
 in 1898 as Rheinisch-Westfälisches Elektrizitätswerk Aktiengesellschaft (RWE). It first power station started operating in Essen
Essen

Essen is a city in the center of the Ruhr Area in North Rhine-Westphalia, Germany. Located on the Ruhr River, its population of approximately 579,000 makes it the 7th- or 8th-largest-city in Germany....
 in 1900.

In 1900 the local municipalities together owned the majority of the Company.

In 2003 Dr Dietmar Kuhnt was suceeded by Harry Roels as CEO of the company and then in 2007 Dr. Juergen Grossmann took over.

Operations

RWE subsidiaries include:

  • RWE Power
  • RWE Energy
  • RWE npower
    Npower (UK)

    Npower is a UK based electricity and natural gas supply company, formerly known as Innogy plc. As Innogy plc it was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index but it is now owned by RWE of Germany....
  • RWE Dea
  • RWE Supply & Trading
  • RWE IT
  • RWE Innogy (new Renewables Company, from February 2008 on)
  • American Water
    American Water (company)

    American Water is a public utility company operating in the United States and Canada. It was founded in 1886 as the American Water Works & Guarantee Company. In 1947 it was reorganized as American Water Works Company, Inc. The company was a subsidiary of the German-based RWE, but the company was divested on April 23, 2008 in an I...
     (to be IPO-ed in early 2008)
Rwe Turm Essen

Financial data


 Financial data in millions of euro
Années 2002 2003 2004 2005 2006
Sales
Sales

A sale is the pinnacle activity involved in selling products or services in return for money or other compensation. It is an act of completion of a commercial activity....
 46 633 43 875 42 137 41 189 44 256
EBITDA
EBITDA

Earnings before interest, taxes, depreciation and amortization is a non-Generally Accepted Accounting Principles metric that can be used to evaluate a company's profitability.Its name comes from the fact that Operating Expenses do not include interest, taxes, or amortization....
 7 241 8 476 8 400 8 324 7 861
Net result
Net profit

In business and finance accountancy, net profit is equal to the gross profit minus Overhead minus interest payable plus/minus one off items for a given time period ....
 1 050 953 2 137 2 231 3 847
Net debt
Debt

Debt is that which is owed; usually referencing assets owed, but the term can cover other obligations. In the case of assets, debt is a means of using future purchasing power in the present before a summation has been earned....
 15 494 17 838 12 385 11 438 6 864
Staff
Workforce

The workforce is the labour pool in employment. It is generally used to describe those working for a single Types of companies or industry, but can also apply to a geographic region like a city, country, state, etc....
 131 765 127 028 97 777 85 928 68 534


Source:''
Ibbenbuerenpowerplant

Fuel mix disclosure
Fuel mix disclosure

According to the Internal Market in Electricity Directive from July 1, 2004, electric power consumers must be informed about the sources from which the electricity they have purchased was generated....
 

RWE produced in 2007 electricity from the following sources: 32.9% hard coal, 35.2% lignite
Lignite

Lignite, often referred to as brown coal, or Rosebud coal by Northern Pacific Railroad,is a soft brown fuel with characteristics that put it somewhere between coal and peat....
, 1.1% pumped storage, 2.4% renewables, 13.6% gas
Natural gas

Natural gas is a gas consisting primarily of methane. It is found associated with fossil fuels, in coal beds, as methane clathrates, and is created by methanogenic organisms in marshes, bogs, and landfills....
 and 14.9% Nuclear power
Nuclear power

Nuclear power is any nuclear technology designed to extract usable energy from atomic nucleus via controlled nuclear reactions. The only method in use today is through nuclear fission, though other methods might one day include nuclear fusion and radioactive decay ....
. In total, the company produced 324.3 TWh of electricity in 2007, which makes it the 2nd electricity producer in Europe, after EdF
EDF

EDF can stand for:In science and technology:*Earliest deadline first scheduling, a dynamic scheduling principle used in real-time operating systems....
. Electricity production at the German branch of RWE had in 2006 the following environmental implications: 700 µg/kWh radioactive waste
Radioactive waste

Radioactive wastes are waste types containing radioactive decay chemical elements that do not have a practical purpose. They are usually the products of nuclear processes, such as nuclear fission....
 and 752 g/kWh CO2 emissions. In 2007 the company was responsible for 151 MTon of CO2, which places it between the 28th and the 29nd emitters by country.

Transport electrification

Carmaker Daimler AG and utility RWE AG are going to begin a joint electric car and charging station
Charging station

A charging station, also called electric recharging point, charging point and juice point is a point that supplies electricity for the recharging of electric vehicles and filling of compressed air vehicles....
 test project in the German capital, Berlin
Berlin

Berlin is the Capital of Germany city and one of sixteen States of Germany of Germany. With a population of 3.4 million within its city limits, Berlin is the country's largest city....
, called "e-Mobility Berlin" .

See also

  • Gesellschaft für Nuklear Service
    Gesellschaft für Nuklear Service

    The Gesellschaft f?r Nuklear-Service mbH carries out services in the field of radioactive waste disposal and Nuclear decommissioning and operates through several subsidiaries interim storage depots for spent fuel and radioactive waste as in Gorleben and Ahaus....


External links