Finance & Investment
RWE has pledged to help the UK to fight the Coronavirus crisis by signing the C-19 Business Pledge.
UK energy giants SSE and RWE have shut down their last two coal-fired plants - the Fiddler's Ferry power station in Warrington, Sheffield, and the Aberthaw coal-fired station in Wales, after nearly half a century of operation.
Offshore wind is expected to play a key role in achieving the EU’s climate and renewable energy targets but design limitations have resulted in foundation-based offshore wind farms being built in relatively shallow waters.
RWE Renewables will fund a pilot project involving the development of an innovative floating offshore wind energy technology off the Basque Coast.
Energy & Grid Management
Three TWh of green power over seven years is equivalent to the full annual production of 35 modern wind turbines or the annual output of a 400 MW solar plant for the period according to RWE, comparable to the annual consumption of 115.000 homes.
RWE has announced the commercial operation of its largest onshore wind energy project in Italy.
RWE has announced the commercial operation of its largest solar energy project in the US.
Policy & Regulation
Ofgem has concluded that two large power stations Hornsea One Ltd and Little Barford did remain connected after the lightning strike. Owners have agreed to make a voluntary payment into Ofgem’s redress fund.
German utility RWE Renewables has opened its first office in Asia.
12Page 2 of 2