Energy is our passion
Passion is our energy
Fiscal 2022

RWE Group – key figures for 2022

00 million

Adjusted EBITDA

2021: € 3,650 million

00 million

Adjusted EBITDA in the core business

2021: € 2,761 million

00 million

Adjusted EBIT

2021: € 2,185 million

00 million

Adjusted net income

2021: € 1,554million

00 million

Cash flows from operating activities

2021: € 7,274 million

00 million

Net cash (+) / net debt (-)

2021: € 360 million

00 million

Capital expenditure

2021: € 3,769 million

00 MW

Installed capacity

2021: 36,990 MW

00 GWh

Power generation

2021: 160,547 GWh

Letter from the CEO

Markus Krebber talks about current developments, our achievements and what our goals are.

Download the CEO’s letter here

Growing Green – our strategic roadmap to 2030

An ambitious growth programme in our core business forms the centrepiece of our Growing Green strategy. In the 10 years between 2021 and the end of 2030, we intend to invest approximately €50 billion in new wind farms, photovoltaic assets, battery storage, gas-fired power plants and electrolysers. In net terms, i.e. taking cash flows from divestments into account, we expect our investments to total around €30 billion. We are looking to expand our green portfolio by around 25 GW to 50 GW and are concentrating on the attractive markets of Europe, North America and the Asia-Pacific region. As we are making progress faster than expected, it is already clear that we will exceed our targets.

Our growth strategy is driven by the following components:

RWE's business areas

We want to be carbon neutral by 2040.

We are committed to the goal of the Paris Climate Agreement, which aims to limit global warming to 1.5 degrees Celsius compared to the pre-industrial level. We are working to achieve this and want to be carbon neutral by no later than 2040. This applies to our own greenhouse gas emissions, as well as our upstream and downstream value chain. To this end, we have also set interim targets for 2025 and 2030. Our targets for 2030 already comply with the Paris Climate Agreement, as confirmed by the independent Science Based Targets initiative. We are playing our part to limit global warming to well below 2 degrees Celsius.

2019 2022 2025 2030 2040

Scope 3

Emissions from our upstream and downstream value chains

Scope 2

Emissions from our purchased and consumed energy

Scope 1

Emissions from our operating activities

CO2 equivalents (CO2e) in million metric tons; CO2e is a unit of measurement used to standardise the climate effects of various greenhouse gases.

Scope 3

Emissions from our upstream and downstream value chains

Scope 2

Emissions from our purchased and consumed energy

Scope 1

Emissions from our operating activities

CO2 equivalents (CO2e) in million metric tons; CO2e is a unit of measurement used to standardise the climate effects of various greenhouse gases.

Scope 3

Overall reduction target for emissions from our upstream and downstream value chains

Scope 1 & 2

Relative reduction target per kWh of power generated for emissions from our operating activities and emissions from our purchased and consumed energy

The baseline year for our emission reduction targets is fiscal 2019.

Scope 3

Overall reduction target for emissions from our upstream and downstream value chains

Scope 1 & 2

Relative reduction target per kWh of power generated for emissions from our operating activities and emissions from our purchased and consumed energy

The baseline year for our emission reduction targets is fiscal 2019.

We want to increase the share of women in leadership positions.

A diverse and inclusive corporate culture is important to our growth. Diversity has many facets, one of which is gender equality when filling leadership roles within our company. This is why we have set ourselves the target of increasing the share of women in management positions in our core business by 2030.

RWE Image

Share of men and women in leadership roles in our core business

Our ambition for 2030

2022

2030

0 %
Women
0 %
Men
30 %
Women
70 %
Men
RWE Image

We want to grow sustainably.

In mid-2021, the European Commission published details on the criteria that should be used to determine whether economic activity is mitigating or adapting to climate change. In line with this, we disclose what percentage of our capital expenditure, our revenue and our operational expenditure are classified as sustainable or taxonomy-aligned, in accordance with EU taxonomy regulations.

By 2030, we intend to concentrate more than 90% of our capital expenditure in activities which are categorised as sustainable or taxonomy‑aligned, pursuant to EU taxonomy regulations.

Taxonomy sustainable growth | Energy is our passion, Passion is our energy – Fiscal 2022

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Compared to the amount stated above, the difference in capital expenditure (€4,484 million) results from the fact that non-cash transactions are also taxonomy-relevant whereas capital expenditure on financial assets is not considered.


The information on this website is from the Annual Report 2022. In the event that the information provided here differs from the audited report, the audited report alone is definitive.