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RWE DF 2006

RWE DF 2006

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Published by JORGE

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Published by: JORGE on Mar 17, 2009
Copyright:Attribution Non-commercial


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 Investingin Innovationand Growth
Annual Report 2006
The RWE Group—a brief portrait
We are one of Europe’s leading electricity and gas compa-nies. Last year, our 69,000-strong workforce generatedsome €44 billion in revenue. Our major power generation,sales and trading markets are in Germany, the UK andCentral Eastern Europe. This is where 20 million electricitycustomers and 10 million gas customers rely on ourproducts—and a high degree of supply security. Ourproprietary gas and oil production operations in Europeand North Africa are making an increasingly importantcontribution to securing future energy supplies. In thefuture, we will focus even more on the energy business.Having successfully divested Thames Water, we planto sell American Water in 2007. This will give us addedmomentum for substantial capital investment—insustained security of supply and profitable growth.
Capital investment is the main topic of this annual report.The power plant cooling tower depicted on the cover is a symbol of thelargest capex programme in RWE’s corporate history.
The RWE Group
RWE AG (Group Centre)
RWE Group divisions effective January 1, 2007
RWE Power 
is Germany’s biggestpower producer. The companyproduces lignite and generateselectricity from coal, lignite, nuclearfuel, gas and renewables.
produces gas and oil,focussing on Europe and North Africa.In the report on the financial yearthat just ended, RWE Dea is stillreported as a business unit ofRWE Power.
RWE Gas Midstream
has been incharge of the commercial optimizationof our non-regulated gas procurement,transport and storage business sinceJanuary 2007.
RWE Trading
ranks among Europe’sleading energy traders. We tradeelectricity, gas, coal and oil as well asenergy derivatives to hedge price risks.
RWE Energy 
is our sales and gridcompany in Continental Europe. Thecompany operates in twelve regionsin and outside Germany. We provideelectricity, gas, water as well asrelated services from a single source.
RWE npower 
is responsible for our UKenergy business. The company has anintegrated business model. Operationsinclude the generation of electricityfrom coal, gas, oil and renewables aswell as the sale of electricity and gas.
RWE Systems
is our internal serviceprovider. Its tasks run the gamutfrom IT, real estate management andcentral purchasing to personnel andinfrastructure services.
The Water Division is no longer included in this overview.It principally consists of our North American company American Water,which we intend to divest via a public offering.

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