Markus Krebber, Chairman of the Supervisory Board of RWE Generation: “I am very much looking forward to continuing to work with Sopna Sury. Together with her team, she has worked full speed ahead to drive forward hydrogen at RWE in the last few years. Hydrogen is not just one of the key technologies for decarbonising industry, it is also an important building block in creating carbon-free security of supply in electricity generation. Hydrogen production in our own electrolysers as well as constructing and operating hydrogen-ready gas-fired power plants are key components of our Growing Green strategy for creating a sustainable energy system.”
Both alone and with renowned partners from industry and science, RWE is forging ahead with the ramp-up of the hydrogen economy in Europe in more than 30 projects along the entire value chain. As part of the GET H2 project, for example, the company intends to build its first industrial-scale electrolyser for producing green hydrogen at its Lingen site. Besides this, RWE is planning to build a hydrogen storage facility in Gronau-Epe – also as part of GET H2.
In addition to producing hydrogen in its own plants, RWE is ready to build and operate hydrogen-ready gas-fired power plants with a combined capacity of around three gigawatts – if the necessary legal and regulatory frameworks are in place.
Forward-looking statements
This press release contains forward-looking statements. These statements reflect the current views, expectations and assumptions of management, and are based on information currently available to management. Forward-looking statements do not guarantee the occurrence of future results and developments and are subject to known and unknown risks and uncertainties. Actual future results and developments may deviate materially from the expectations and assumptions expressed in this document due to various factors. These factors primarily include changes in the general economic and competitive environment. Furthermore, developments on financial markets and changes in currency exchange rates as well as changes in national and international laws, in particular in respect of fiscal regulation, and other factors influence the company’s future results and developments. Neither the company nor any of its affiliates undertakes to update the statements contained in this press release.
RWE is leading the way to a green energy world. With an extensive investment and growth strategy, the company will expand its powerful, green generation capacity to 50 gigawatts internationally by 2030. RWE is investing more than €50 billion gross for this purpose in this decade. The portfolio is based on offshore and onshore wind, solar, hydrogen, batteries, biomass, and gas. RWE Supply & Trading provides tailored energy solutions for large customers. RWE has locations in the attractive markets of Europe, North America, and the Asia-Pacific region. The company wants to phase out coal by 2030. RWE employs around 19,000 people worldwide and has a clear target: to get to net zero by 2040. On its way there, the company has set itself ambitious targets for all activities that cause greenhouse gas emissions. The Science Based Targets initiative has confirmed that these emission reduction targets are in line with the Paris Agreement. Very much in the spirit of the company’s purpose: Our energy for a sustainable life.
RWE Aktiengesellschaft
Altenessener Straße 35
45141 Essen
Telefon: +49 (201) 5179-0
Telefax: +49 (201) 5179-5005
http://www.rwe.com
Director of Group Corporate Communications
Telefon: +49 (201) 5179-5177
E-Mail: stephanie.schunck@rwe.com
