A global leader in

Offshore Wind

A trusted partner
in the U.S.
Seite 1
RWE

06.02.2023 APAC Development Initiative Page 2

We are #2 offshore player globally with
vast experience in the business

… in a market with enormous

Very well positioned …
investment opportunities

Markets with RWE development activities Markets with operating RWE assets

More than 20 years in the

offshore business

5 GW gross offshore wind

portfolio across Europe

High-class partnerships ~€ ~€ ~€
in new markets Europe APAC North America
Market growth
Source: Bloomberg NEF, APAC excl. China. forecasted investments 2021 - 2030
1-30-2023 Page 3
We have a well diversified portfolio
to meet the needs of increasing power demand
Renewables footprint
What we focus on
Technologies Renewables Capacity Renewables Capacity
Split by Technology1 Split by Country1
5%
24% Solar & Storage
Offshore
41% 21%
Onshore Offshore Utility Energy U.S. UK
Wind Wind Solar PV Storage

Focus markets
10 GW 10 GW

2% 14%
Australia Germany
2%
Americas Europe Asia/Pacific Sweden 2%
70% 5%
Other 4% 5%
Onshore Spain
3% Poland Italy
1 Pro rata owned renewables capacity as of 31 December 2021. Numbers may not sum due to rounding.
The Netherlands
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We are massively increasing our renewables
footprint in the U.S.

• Acquisition of Con Edison Clean

Energy Businesses expands RWE´s
U.S. wind / solar footprint to more
than 7 GW - #4 in renewables and #2
in solar development
• RWE expands U.S. Wind/Solar
footprint to more than 7 GW
• Highly experienced CEB team of
~500 experts with impressive track
record in developing, building, and
operating projects
• Increase in development pipeline of
>24 GW of onshore wind, solar, and
batteries

2/6/2023 Note: Figures as of 31 Dec. 2021 Page 5

California Floating Success
& MeRA Outlook

06.02.2023 APAC Development Initiative Page 6

 Our lease area
California: One of the first commercial scale can support up
to
floating projects in the U.S.
RWE will help California to achieve its goals of carbon neutrality and
1.6 GW
of floating
25 GW of offshore wind by 2045. To get there, we are prioritizing:
offshore wind
power.
Offtake: Approaching the regulatory and legislative
pathways to ensure there is procurement to bring offshore This is equal to
wind power onshore. powering

Transmission: Collaborating with state partners on the on

the planning and build out of transmission in Northern
640k
U.S. homes
California.
annually.
Ports: Updating infrastructure to support the long-term
growth of a new floating offshore wind market in California.

Permitting: Ensuring efficient coordination between state

and federal agencies.

2/6/2023 Page 7
Maine Research Array (MeRA)
Commericalizing Maine-made floating technology

• Maine Research Array is being developed on

behalf of the State of Maine

• Collaboration with the University of Maine to

commercialize the only domestic floating
• offshore wind foundation

• Limited to 12 turbines or fewer and expected

to be constructed before 2030.

• Evaluate interactions and seek to minimize potential impacts of the floating turbine
array on marine environment and protected wildlife species

• Create a set of real-world tested best practices and standards that can foster more
prudent development of commercial-scale projects in the future Page 8
Demonstrator Update
& Lessons Learned

06.02.2023 APAC Development Initiative Page 9

TetraSpar Demonstrator
Project Summary
Concept: TetraSpar
• Tubular steel structure with a suspended keel
(suspended-counterweight) made of rolled and cast
pre-fabricated components
• Novel pin-joint system to allow quick, simple
assembly

Project: TetraSpar Demonstrator

• Single unit with 3.6MW turbine (SWT-3.6-120), chain
mooring lines and drag anchors
• Deployment at Metcentre site, 10km off the
Norwegian coast in water depths of 200m
• Unit manufactured by Welcon in Give (DK) and
assembled in the Port of Grenaa
• Completed in Q4 2021

Status: TetraSpar has just passed its one year of

operations milestone and is performing well.
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DemoSATH
Project Summary
Concept: SATH (Swing Around Twin Hull)
• Concrete twin-hull barge structure, made of
modular, pre-fabricated components
• Single point of mooring, so unit aligns itself to the
current and wave direction

Project: DemoSATH
• Single unit with 2MW turbine (REpower MM82),
hybrid mooring lines and drag anchors
• Deployment at BiMEP site, two miles off the north
coast of Spain in water depths of 85m
• Unit manufactured by Ferrovial in the Port of Bilbao
• Completion scheduled in Q4 2022
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Status: DemoSATH is commissioned and moored in

the Port of Bilboa and will be installed at the BIMEP test
center this year.
 Lessons learned from demonstration projects
TetraSpar
• Proved that we could fully manufacture a
foundation using serial production techniques
and the mechanical connection allow quick
assembly in port.
• TetraSpar has been generating for one year now
and we have been able to progress our work on its
digital twin which will allow us to optimize the
design process and maintenance strategies for
our future floating wind projects.
• The data we have collected has also been invaluable
for a study we are running to evaluate how energy
production estimates are influenced by the
motions of floating foundations like TetraSpar.
1-30-2023
DemoSATH
• Yet to be installed offshore, but once operational will
provide valuable insights into the performance of
structures with a single point mooring
configuration.
• The operational data will be used to complement the
studies that we are already doing on TetraSpar and
will further increase our knowledge of how energy
production is effected by the motions of floating
foundations.
• The construction phase has already delivered some
interesting lessons around the manufacture of
concrete structures and has shown that this type of
concept can deliver high levels of local content, with
75% of the DemoSATH budget being spent with
companies based within 25km of the site.
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Thanks a lot for your attention