Rwe.Com Our Energy for a Sustainable Life
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
RWE Supervisory Board Decides on Successions for the Executive Board of RWE AG
Press release RWE Supervisory Board decides on successions for the Executive Board of RWE AG • Dr. Markus Krebber to become Chief Executive Officer (CEO) of RWE AG as of 1 July 2021 • Dr. Michael Müller to take over as new Chief Financial Officer (CFO) of the company at the same point in time • Zvezdana Seeger appointed Chief Human Resources Officer (CHR) and Labour Director of RWE AG effective 1 November 2020 Essen, 18 September 2020 Dr. Werner Brandt, Chairman of the Supervisory Board of RWE AG: “Today, the Supervisory Board decided on the succession of positions within the Executive Board of RWE AG. This will ensure that RWE's strategic orientation, which Rolf Martin Schmitz and Markus Krebber have advanced consistently since 2016, will continue to be pursued with the utmost resolve: to position RWE as a global leader in renewable energy with the declared goal of being carbon neutral by 2040.” At the end of July this year, the Supervisory Board of RWE AG had already appointed Dr. Markus Krebber (47) CEO of RWE AG effective 1 July 2021 for a term of five years. He succeeds Dr. Rolf Martin Schmitz, whose contract expires on this date, as scheduled. At its meeting today, the Supervisory Board took further important personnel decisions in order to ensure a seamless transition of responsibilities. With Krebber taking up the CEO position, Dr. Michael Müller (49) will succeed as the Group's Chief Financial Officer (CFO) as of 1 July next year. The Supervisory Board appointed Müller to the Executive Board of RWE AG effective already 1 November 2020. -
Allianz: Frontrunner on Climate Change in Danger of Losing Ground
Allianz: Frontrunner on Climate Change in Danger of Losing Ground Briefing Paper by Urgewald and the Unfriend Coal Coalition August 2, 2017 Introduction Since 2015, Allianz has been rightfully praised for its divestment from coal. The company must now also take the next logical steps: 1. The company must cease to offer insurance services to coal companies from which it has divested share and bond holdings. 2. Recent research on financial investments shows that the Allianz investment portfolio still contains vast amounts of shares and bonds from major coal companies such as India’s NTPC or the Polish energy utilities PGE, Energa and Enea. This is in line with the Allianz divestment decision because the decision only pertains to investments the company makes on its own account. To fully exclude coal investments from its portfolio, Allianz must extend its divestment decision to funds it manages on behalf of third parties. French insurance company AXA committed to doing just that at its 2017 Annual General shareholder meeting (AGM): Exclude insurance of coal companies covered by its divestment decision and extend the divestment to funds the company manages on behalf of third parties. 3. Alliance must also cut ties with companies that do not fall under the threshold of at least 30 percent share of coal but that have massive expansion plans for coal extraction or consumption. In 2015, Allianz made history with its announcement to exclude coal companies from its portfolio. The divestment decision applies to companies that generate a minimum of 30 percent of their revenue from the sale of coal and those that use coal for at least 30 percent of their electricity generation. -
CIAB Market & Policy Developments 2005/06
COAL INDUSTRY ADVISORY BOARD International Coal Policy Developments in 2012 OCTOBER 2012 Contents FOREWORD FROM THE CIAB CHAIRMAN 0 1 CIAB POLICY ADVICE 1 2 CIAB ACTIVITIES IN 2012 3 3 COAL IN WORLD ENERGY MARKETS 6 3.1 Overview 6 3.2 International Coal Trade 7 3.3 Regional Developments 9 4 POLICY DEVELOPMENTS 20 4.1 Overview 20 4.2 The Role of Coal 20 4.3 Climate Policy 23 4.4 Clean Coal Technologies 26 4.5 Coal Production 31 4.6 Coal Utilisation 38 5 CONCLUDING REMARKS 41 Author’s Notes: The report has been compiled on behalf of the CIAB by Brian Heath, CIAB Executive Co- ordinator, and thanks are due to the following CIAB Associates, on whose contributions it is substantially based: Peter Morris* Australian Coal Association Australia Maggi Rademacher* E.ON Kraftwerke Germany Supriatna Suhala Indonesian Coal Mining Assn. Indonesia Takenori Iwasaki J-Power Japan Jan-Kees Hordijk RWE Essent The Netherlands Ireneusz Pyka Central Mining Institute (GIG) Poland Sergey Tverdokhleb SUEK Russia Nikki Fisher* Anglo Operations South Africa Gina Downes ESKOM South Africa Mücella Ersoy TKI Turkey Ron Engleman Jr. Leonardo Technologies USA Veronika Kohler National Mining Association USA Skip Stephens Joy Mining USA Steve Winberg CONSOL Energy USA * These contributions are consolidated contributions from CIAB Associates in that country. The use of website links included in this report is subject to the Terms and Conditions set out in those websites. This report represents the personal views of the individual contributors and does not necessarily represent the views of their companies, organisations or of the IEA. -
Annals of UPET
ISSN 1454-9174 ANNALS OF THE UNIVERSITY OF PETROSANI MINING ENGINEERING VOL. 9 (XXXVI) UNIVERSITAS PUBLISHING HOUSE PETROŞANI, 2008 ISSN 1454-9174 EDITOR OF PUBLICATION Prof.dr.eng. Ioan-Lucian BOLUNDUŢ ADVISORY AND EDITORIAL BOARD OF MINING ENGINEERING ISSUES ADVISORY BOARD Prof.dr.eng. Nicolae DIMA - University of Petroşani Prof.dr.hab.eng. Dr.h.c. Lev Alexandrovici PUCIKOV - Moscow State Mining University Russia Prof.dr.hab.eng. Suvalov Iuri VASILIEVICI - State Mining Institute – Sankt Petersburg - Russia Prof.dr.hab.eng. Monika HARDYGORA - Politechnika Wroclaw - Poland Prof.dr.hab.eng. Dr.h.c. Carsten DREBENSTEDT - Technische Universität Bergakademie Freiberg - Germania Assoc.Prof.dr.eng. Ventzislav IVANOV - University of Mining and Geology- Sofia - Bulgaria Prof.dr.eng. Jöszef BÖHM - University of Miskolc – Hungary Prof.dr.eng. Pavol RYBAR - Technical University-Kosice- Slovacia Prof.dr.eng. Dumitru FODOR - University of Petroşani Prof.dr.eng. Mircea GEORGESCU - University of Petroşani Prof.dr.eng. Vlad CODREA - University Babeş-Bolyai of Cluj Napoca Prof.dr.eng. Sanda KRAUSZ - University of Petroşani Assoc.prof.dr.eng. C-tin LUPU - INSEMEX of Petroşani EDITORIAL BOARD Editor-in-chief: Prof.dr.eng. Ilie ROTUNJANU - University of Petroşani Associate editors: Prof.dr.eng. Ioan DUMITRESCU - University of Petroşani Prof.dr.eng. Petru HODOR … - University of Petroşani Prof.dr.eng. C-tin SEMEN - University of Petroşani Prof.dr.eng. Romulus SÂRBU - University of Petroşani Prof.dr.eng. Eugen COZMA - University of Petroşani Editor Secretary: Lecturer dr. eng. Emilia DUNCA - University of Petroşani Editorial office address: University of Petroşani, 20 University Street, 332006, Petroşani, Roumania, Phone: (40)54/54.29.94, 54.25.80, 54.25.81, 54.25.82, 54.97.49, Fax: (40) 54/54.34.91, 54.62.38; www.upet.ro, Email: [email protected] Annals of the University of Petroşani, Mining Engineering, 9 (2008) 3 CONTENTS Page BARON M. -
Virtual Power Plants in Competitive Wholesale Electricity Markets
Virtual Power Plants in Competitive Wholesale Electricity Markets Experience with RWE Virtual Power Plant in Germany How new business models can enable Virtual Power Plants through new energy market opportunities in US Prashanth Duvoor Siemens Smart Grid Division © Siemens AG 2012. All rights reserved. Page 1 April 18, 2013 Infrastructure & Cities Sector – Smart Grid Division Key Challenges Drive Implementation of Demand Response Programs & Virtual Power Plants Challenges Generation & network bottlenecks New market opportunities for Increasing peak load Trends distributed energy resources prices and demand response Increasing distributed & renewable generation Rising consumption © Siemens AG 2012. All rights reserved. Page 2 April 18, 2013 Infrastructure & Cities Sector – Smart Grid Division Short Overview of German Electricity Markets – before we look at the RWE VPP Example European § Standard products traded at the EEX are hourly day-ahead Energy contracts as well as bundled base and peak contracts. Exchange § Operates an intra-day market based on the same hourly EEX contracts traded in the day-ahead market. § TSOs is responsible to maintain the transmission system stability and reliability in supply (Primary, Secondary and tertiary reserve) § Primary reserve satisfy a TSOs’ demand for up/down Transmission System regulation Activation time: 30 sec, and Availability time: up Operator to 15 mins (TSO) § Secondary reserve - satisfy a TSOs’ demand for up/down regulation Activation time: 5 mins, and Availability time: 15 mins to 1 hr § Tertiary -
Volkswagen AG Annual Report 2009
Driving ideas. !..5!,2%0/24 Key Figures MFCBJN8><E>IFLG )''0 )''/ Mfcld\;XkX( M\_`Zc\jXc\jle`kj -#*'0#.+* -#).(#.)+ "'%- Gif[lZk`fele`kj -#',+#/)0 -#*+-#,(, Æ+%- <dgcfp\\jXk;\Z%*( *-/#,'' *-0#0)/ Æ'%+ )''0 )''/ =`eXeZ`Xc;XkX@=IJj #d`cc`fe JXc\ji\m\el\ (',#(/. ((*#/'/ Æ.%- Fg\iXk`e^gif]`k (#/,, -#*** Æ.'%. Gif]`kY\]fi\kXo (#)-( -#-'/ Æ/'%0 Gif]`kX]k\ikXo 0(( +#-// Æ/'%- Gif]`kXkki`YlkXYc\kfj_Xi\_fc[\ijf]MfcbjnX^\e8> 0-' +#.,* Æ.0%/ :Xj_]cfnj]ifdfg\iXk`e^XZk`m`k`\j)()#.+( )#.') o :Xj_]cfnj]ifd`em\jk`e^XZk`m`k`\j)('#+)/ ((#-(* Æ('%) 8lkfdfk`m\;`m`j`fe* <9@K;8+ /#'', ()#('/ Æ**%0 :Xj_]cfnj]ifdfg\iXk`e^XZk`m`k`\j) ()#/(, /#/'' "+,%- :Xj_]cfnj]ifd`em\jk`e^XZk`m`k`\j)#,('#),) ((#+.0 Æ('%. f]n_`Z_1`em\jkd\ekj`egifg\ikp#gcXekXe[\hl`gd\ek),#./* -#..* Æ(+%- XjXg\iZ\ekX^\f]jXc\ji\m\el\ -%) -%- ZXg`kXc`q\[[\m\cfgd\ekZfjkj (#0+/ )#)(- Æ()%( XjXg\iZ\ekX^\f]jXc\ji\m\el\ )%( )%) E\kZXj_]cfn )#,-* Æ)#-.0 o E\kc`hl`[`kpXk;\Z%*( ('#-*- /#'*0 "*)%* )''0 )''/ I\klieiXk`fj`e I\kliefejXc\jY\]fi\kXo (%) ,%/ I\kliefe`em\jkd\ekX]k\ikXo8lkfdfk`m\;`m`j`fe *%/ ('%0 I\kliefe\hl`kpY\]fi\kXo=`eXeZ`XcJ\im`Z\j;`m`j`fe -.%0 ()%( ( @eZcl[`e^mfcld\[XkX]fik_\m\_`Zc\$gif[lZk`fe`em\jkd\ekjJ_Xe^_X`$MfcbjnX^\e8lkfdfk`m\:fdgXepCk[% Xe[=8N$MfcbjnX^\e8lkfdfk`m\:fdgXepCk[%#n_`Z_Xi\XZZflek\[]filj`e^k_\\hl`kpd\k_f[% ) )''/X[aljk\[% * @eZcl[`e^XccfZXk`fef]Zfejfc`[Xk`feX[aljkd\ekjY\kn\\ek_\8lkfdfk`m\Xe[=`eXeZ`XcJ\im`Z\j[`m`j`fej% + Fg\iXk`e^gif]`kgclje\k[\gi\Z`Xk`fe&Xdfik`qXk`feXe[`dgX`id\ekcfjj\j&i\m\ijXcjf]`dgX`id\ekcfjj\jfegifg\ikp#gcXekXe[\hl`gd\ek# ZXg`kXc`q\[[\m\cfgd\ekZfjkj#c\Xj`e^Xe[i\ekXcXjj\kj#^ff[n`ccXe[]`eXeZ`XcXjj\kjXji\gfik\[`ek_\ZXj_]cfnjkXk\d\ek% , <oZcl[`e^XZhl`j`k`feXe[[`jgfjXcf]\hl`kp`em\jkd\ekj1Ñ.#,/,d`cc`feÑ/#/.0d`cc`fe % - Gif]`kY\]fi\kXoXjXg\iZ\ekX^\f]Xm\iX^\\hl`kp% . -
The Socio-Economic Impacts of Advanced Technology Coal-Fuelled Power Stations
The Socio-economic Impacts of Advanced Technology Coal-Fuelled Power Stations Report by the Coal Industry Advisory Board The views expressed in this paper do not necessarily reflect the views or policy of the International Energy Agency (IEA) Secretariat or of its individual member countries. The paper does not constitute advice on any specific issue or situation. The IEA makes no representation or warranty, express or implied, in respect of the paper’s content (including its completeness or accuracy) and shall not be responsible for any use of, or reliance on, the paper. Comments are welcome, directed to [email protected]. The Socio-economic Impacts of Advanced Technology Coal-Fuelled Power Stations Page | 1 Coal Industry Advisory Board The Coal Industry Advisory Board (CIAB) is a group of high-level executives from coal-related industrial enterprises, established by the IEA in 1979 to provide advice to the Secretariat on a wide range of issues relating to coal. The CIAB currently has around 35 members from 16 countries, contributing valuable experience in the fields of coal production, trading and transportation, electricity generation and other aspects of coal use. For more information about the Coal Industry Advisory Board, please contact Maggi Rademacher, CIAB Executive Co-ordinator ([email protected]). The Socio-economic Impacts of Advanced Technology Coal-Fuelled Power Stations Acknowledgements This report represents the 2014 Work Programme of the Coal Industry Advisory Board (CIAB) and was prepared for the CIAB by Charles River Associates (CRA), The Lantau Group (TLG) and KPMG with direct support from Peabody Energy, RWE and Shenhua. Page | 2 Christopher Russo of CRA was the project leader and instrumental in the development of the report. -
The Coal Break-Up
1 The coal break-up How financial institutions are phasing-out support to European coal utilities The coal break-up: how financial institutions are phasing-out support to European coal utilities 1 2 Table of Contents How financial institutions are phasing-out support to European coal utilities .......... 1 Executive summary ............................................................................................................................ 3 1. Introduction ................................................................................................................................. 5 2. Background on investors, insurers and banks ............................................................... 6 Project finance ............................................................................................................................ 6 Insurance ....................................................................................................................................... 6 Corporate finance ...................................................................................................................... 7 3. The coal policies of financial institutions: ........................................................................ 8 Investors ........................................................................................................................................ 8 Insurers and re-insurers ....................................................................................................... 12 Banks ........................................................................................................................................... -
Explaining Incumbent Internationalization of the Public Utilities: Cases from Telecommunications and Electricity
Explaining incumbent internationalization of the public utilities: Cases from telecommunications and electricity Judith Clifton, Daniel Díaz-Fuentes, Marcos Gutiérrez and Julio Revuelta ∗ One major consequence of the reform of public service utilities in the European Union since the 1980s - particularly privatization, liberalization, deregulation and unbundling - was that a number of formerly inward-looking incumbents in telecommunications and electricity transformed themselves into some of the world’s leading multinationals. Now, reform was a prerequisite for their internationalization, substantially changing the business options available to incumbents. However, the precise relationship between reform and incumbent internationalization is contested. In this paper, three dominant political economy arguments on this relationship are tested. The first claims that incumbents most exposed to domestic reform (liberalization and privatization) would internationalize most. The second asserts that incumbents operating where reform was limited or slower-than-average would exploit monopolistic rents to finance aggressive internationalization. The third argument claims that a diversity of paths would be adopted by countries and incumbents vis-à-vis reform and internationalization, differences being explained by institutional features. After compiling an original database on extent of incumbent internationalization, alongside OECD data on ownership and liberalization, we deploy correlation and cluster analysis to seek explanations for internationalization. Evidence is found in favor of the third hypothesis. Internationalization as a response to reform took diverse forms in terms of timing and extent. This can therefore be best explained using a country, sector and firm logic. Key words: Utilities, European Union, internationalization, liberalization, privatization. ∗ Department of Economics, Universidad de Cantabria, Av de los Castros s.n., Cantabria D39005, Spain. -
RWE, BASF and Linde
News release Herrn Peter Karl Wettstein BASF SE WLL/SD D 211 - Raum 205 RWE, BASF and Linde: Breakthrough in capturing carbon from flue gas of coal-fired power plants New technology saves 20 percent on energy input and clearly reduces solvent consumption Key to climate-compatible coal-based power generation Essen/Cologne/Ludwigshafen, 03. September 2010 Since 2009 RWE, Linde and BASF have been testing a new technology for separating carbon dioxide (CO2) from flue gas in a pilot plant at RWE’s Niederaussem power station near Cologne. The results of the practical test are now available: Compared to processes commonly run today, the innovative technology that captures CO2 by means of new chemical solvents can reduce energy input by about 20 percent. The new solvents also feature clearly superior oxygen stability, which reduces solvent consumption significantly. “We are pleased with this breakthrough, which we have achieved by cooperating closely with BASF and Linde. By enhancing efficiency and accordingly reducing costs, we have created a critical success factor for carbon capture technology, which in our view is key to climate- compatible power generation from coal,” underlines Dr. Johannes Heithoff, Vice President, Research and Development, RWE Power. “The practical tests met all of the expectations we had after lab-testing the new solvent. This paves the way for scaling up the process to large power plants,” says Dr. Andreas Northemann, Business Manager, Global Gas Treatment, BASF Intermediates division. “We are very satisfied with the results of the practical tests, too,” says Dr. Aldo Belloni, Member of the Executive Board of Linde AG. -
RWE to Strengthen Its European Renewables Business with Acquisition of 2.7 GW Project Pipeline
Press release RWE to strengthen its European renewables business with acquisition of 2.7 GW project pipeline Nordex has selected RWE as exclusive bidder for the acquisition of its European onshore wind and solar development business / Purchase price of about €400 million Strategic enhancement adds to RWE’s existing 22 GW development pipeline Expansion of position in attractive French onshore wind market Essen, 31 July 2020 Markus Krebber, CFO of RWE AG: ”The planned acquisition of this leading European renewables developer will strengthen our position in France, one of our target markets. It represents a unique growth opportunity for RWE due to its large and attractive existing project pipeline and strong development platform. Thus, we underline our ambition to grow in our role as one of the globally leading companies in the renewables sector.” RWE wants to acquire the European onshore wind and solar development platform from Nordex SE with a total pipeline of 2.7 Gigawatt (GW) in France, Spain, Sweden and Poland. The developer has a strong focus in France, with an overall pipeline of 1.9 GW in various project phases. 15% of the whole pipeline is close to final investment decisions (FID) or in advanced development stages; 230 megawatt have secured Contracts for Difference (CfDs) or similar feed-in tariffs. The purchase price will be around €400 million. The development platform comes with a team of more than 70 employees with vast experience in the sector. Upon completion of the transaction, the employees will join RWE Renewables, where the mostly France based team will develop further projects. -
News Release May 21, 2021
Joint News Release May 21, 2021 BASF and RWE plan to cooperate on new technologies for climate protection ◼ Green electricity and innovative production technologies could make the Ludwigshafen chemical site a lighthouse for climate protection in the chemical industry ◼ Additional offshore wind farm with a capacity of 2 GW would provide BASF with green electricity for CO2-free production processes from 2030 ◼ Letter of intent focuses on climate-neutral chemical industry and CO2-free hydrogen Today in Ludwigshafen, Germany, Dr. Martin Brudermüller (BASF) and Dr. Markus Krebber (RWE), accompanied by Chairman of the Mining, Chemical and Energy Industries Union (IG BCE) Michael Vassiliadis, presented a project idea that shows how industrial production can become sustainable and future-proof. The project envisions an additional offshore wind farm with a capacity of 2 gigawatts (GW) to provide the Ludwigshafen chemical site with green electricity and enable CO2-free production of hydrogen. The aim is to electrify the production processes for basic chemicals, which are currently based on fossil fuels. This will involve utilizing CO2-free technologies such as electrically heated steam cracker furnaces to produce petrochemicals. BASF is already working with partners on developing these technologies. To advance the joint project, the CEOs of BASF and RWE have signed a letter of intent covering a wide-ranging cooperation for the creation of additional capacities for renewable electricity and the use of innovative technologies for climate protection. “Together we want to accelerate the transition to a CO2-neutral chemical industry through electrification and through the use of CO2-free hydrogen,” said Brudermüller and Krebber.