ag type aktiengesellschaft traded as fwb rwe industry electric utility headquarters essen germany key people peter terium president and ceo manfred schneider chairman of the supervisory board products electricity generation and distribution renewable energy natural gas exploration production transportation and distribution revenue 50.72 billion 2010 1 operating income 7.681 billion 2010 1 profit 3.308 billion 2010 1 total assets 108.9 billion 2015 2 total equity 17.42 billion end 2010 1 number of employees 70 860 fte end 2010 1 website rwe.com rwe ag until 1990 rheinisch westf lisches elektrizit tswerk 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 is the second largest electricity producer in germany and has increased renewable energy production in recent years . 3 rwe previously owned american water the united states largest investor owned water utility but this was divested in 2008 . it also owned 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 confirmed in december 2015 that it would separate its renewable energy generation power grid and retail operations into a separate company 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 financial data 4 fuel mix disclosure 4.1 carbon intensity 5 transport electrification 6 see also 7 references 8 further reading 9 external links history edit rwe tower in essen the company was founded in essen in 1898 as rheinisch westf lisches elektrizit tswerk aktiengesellschaft rwe . 6 its first power station started operating in essen in 1900 . 6 in 1900 the local municipalities together owned the majority of the company . 6 in 2001 rwe took over the british company thames water . 7 rwe agreed to acquire the british electricity and gas utility company innogy for 3 billion us 4.3 billion in march 2002 . 8 9 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 sold thames water to kemble water limited a consortium led by macquarie group . 10 on 2 april 2011 about 3 000 people protested outside rwe s headquarters in essen as part of a larger protest against nuclear power . 11 in july 2012 peter terium took over as ceo . on 14 august 2012 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 . 12 in august 2013 rwe completed the disposal of net4gas the czech gas transmission network operator for 1.6 billion to a consortium consisting of allianz and borealis . 13 in march 2015 rwe closed the sale of its oil and gas production unit rwe dea to a group led by russian billionaire mikhail fridman despite opposition from uk regulators . the 5.6 billion deal announced in 2014 required approval from 14 countries where rwe dea operates in europe the middle east and africa . 14 operations edit rwe powerplant in the city of ibbenb ren rwe subsidiaries include rwe power ag rwe energy rwe deutschland ag rwe npower rwe supply & trading rwe it rwe innogy renewables business rwe international se rwe jointly owns one third of the urenco group with e.on . the remaining stakes are held by the british and dutch governments with one third each . 15 financial data edit financial data in millions of euro years 2002 2003 2004 2005 2006 sales 46 633 43 875 42 137 41 189 44 256 ebitda 7 241 8 476 8 400 8 324 7 861 net result 1 050 953 2 137 2 231 3 847 net debt 15 494 17 838 12 385 11 438 6 864 staff 131 765 127 028 97 777 85 928 68 534 16 fuel mix disclosure edit 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 . 17 in total the company produced 324.3 twh of electricity in 2007 18 which makes it the 2nd largest electricity producer in europe after edf . electricity production at the german branch of rwe had in 2006 the following environmental implications 700 g kwh radioactive waste and 752 g kwh co2 emissions . 19 in 2010 the company was responsible for 164.0 mton of co2 20 21 in 2007 the company ranked between the 28th and the 29th place of emitters by country . carbon intensity edit year production twh emission gt co2 kg co2 mwh 2002 184 135 .5 738 2003 179 140 .5 787 2004 183 139 .1 761 2005 182 142 .7 784 2006 185 142 .4 771 2007 173 147 .06 848 2008 194 144 .46 747 2009 169 133 .7 792 see also list of european power companies by carbon intensity transport electrification edit carmaker daimler ag and utility rwe ag are going to begin a joint electric car and charging station test project in the german capital berlin called e mobility berlin . 22 daimler plans to deploy a fleet of over 100 second generation smart ed and mercedes a class e cell cars powered by lithium ion batteries . 23 see also edit companies portal gesellschaft f r nuklear service references edit a b c d e annual report 2010 pdf . rwe . retrieved 13 march 2011 . http www.forbes.com global2000 list 6 header assets sortreverse true rwe stadtwerke munchen siemens to build wind farm off welsh coast . 7 june 2010 . rwe dea . oilvoice.com . retrieved 20 october 2010 . steitz christophe 1 december 2015 . germany s rwe splits to better absorb cost of nuclear plant closures . reuters . retrieved 24 february 2016 . a b c rwe history . rwe.com . rwe s 4bn buys thames water . the scotsman . 26 september 2000 . retrieved 24 february 2016 . innogy agrees to german takeover . bbc news . 22 march 2002 . retrieved 25 december 2012 . rwe is set to buy innogy . the new york times . 18 march 2002 . retrieved 25 december 2012 . 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 announces 2 400 more job cuts as power demand slumps . 14 august 2012 . rwe annual report 2013 pdf . rwe ag . p. 23 . germany s rwe closes 5 billion oil gas unit sale despite uk opposition . petro global news . retrieved 2 march 2015 . powerhouse of the uranium enrichment industry seeks an exit 27 may 2013 nyt rwe in french . opesc.org . renewables within rwe s capacity and generation mix pdf . p. 8 . group electricity production and plant capacity . retrieved 20 october 2010 . 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 and e.on top the list of european co2 emitters pdf . e mobility berlin project to provide 500 ev charging points . gizmag.com . 9 september 2008 . abuelsamid sam 2008 09 05 . daimler announces deal with rwe 500 berlin charging points lithium smart autoblog green . autobloggreen.com . retrieved 2009 11 10 . 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 v t e rwe divisions and subsidiaries current amprion elektriciteits produktiemaatschappij zuid nederland essent rwe npower rwe power ag rwe supply & trading cz former american water1 rwe dea thames water1 joint ventures and shareholdings current deutsche gesellschaft zum bau und betrieb von endlagern f r abfallstoffe gesellschaft f r nuklear service 28 % gundremmingen nuclear power plant 75 % innogy 75 % nabucco gas pipeline international gmbh 16.67 % rostock power station 24.6 % urenco group former horizon nuclear power1 places and facilities germany biblis nuclear power plant innogy nordsee 1 garzweiler surface mine gundremmingen nuclear power plant hambach surface mine lingen nuclear power plant mittelplate m lheim k rlich nuclear power plant neurath power station niederaussem power station nordsee ost offshore wind farm rostock power station rwe tower united kingdom aberthaw power stations atlantic array didcot power stations great yarmouth power station greater gabbard wind farm gwynt y m r 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 proposed wind farm other amercentrale gazela pipeline gj a oilfield nabucco pipeline nakhichevan field people fritz vahrenholt other advanced plant management system 1sold 2decommissioned category commons links to related articles v t e euro stoxx 50 companies of the euro area last update october 2015 air liquide airbus group allianz anheuser busch inbev asml holding assicurazioni generali axa banco bilbao vizcaya argentaria banco santander basf bayer bmw bnp paribas carrefour saint gobain daimler ag deutsche bank deutsche post deutsche telekom enel engie sa eni e.on essilor international fresenius se groupe danone iberdrola inditex ing group nv intesa sanpaolo l or al lvmh mo t hennessy louis vuitton m nchener r ckversicherungs gesellschaft nokia orange s.a. philips electronics safran sanofi sap se schneider electric siemens soci t g n rale sa telefonica total s.a. unibail rodamco unicredit unilever vinci sa vivendi volkswagen group v t e dax companies of germany adidas allianz basf bayer beiersdorf bmw commerzbank continental daimler deutsche bank deutsche b rse deutsche post deutsche telekom e.on fresenius fresenius medical care heidelbergcement henkel infineon technologies k s linde lufthansa merck munich re rwe sap siemens thyssenkrupp volkswagen vonovia authority control worldcat identities viaf 148398791 lccn n81062680 gnd 2123397 4 sudoc 032558791 bnf cb12356556f data retrieved from https en.wikipedia.org w index.php title rwe & oldid 743038060 categories rwecompanies based in essencompanies listed on the frankfurt stock exchangepower companies of germanynuclear power companies of germanypublic utilitiesgerman brands1898 establishments in germanycompanies established in 1898multinational companies headquartered in germanycoal companies of germanyhidden categories cs1 french language sources fr official website different in wikidata and wikipediause dmy dates from october 2010wikipedia articles with viaf identifierswikipedia articles with lccn identifierswikipedia 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