RWE's electricity generation capacity

PREVIEW

Pro rata view

RenewablesPumped storage/ batteries

Gas

Lignite4

Hard coal

Nuclear

Total5

  • 1 Including generation capacity not owned by RWE that we can deploy at our discretion on the basis of long-term use agreements. As of the end of September 2020 it amounted to a net

    2,203 MW (30 Sep 2019: 2,203 MW).

  • 2 Including generation capacity not owned by RWE that we can deploy at our discretion on the basis of long-term use agreements. As of the end of September 2020 it amounted to a net

    783 MW (30 Sep 2019: 783 MW).

  • 3 Including minor battery capacity in the Supply & Trading Division.

  • 4 Lignite capacity excludes 1,448 MW of security reserve.

  • 5 Including minor 'other' generation technologies (e.g. oil-fired power plants).

Note: Renewables capacity incl. batteries amounts to 10,602 MW as of 30 Sep 2020.

Accounting view

RenewablesPumped storage/ batteries

Gas

Lignite4

Hard coal

Nuclear

Total5

  • 1 Including generation capacity not owned by RWE that we can deploy at our discretion on the basis of long-term use agreements. As of the end of September 2020 it amounted to a net

    2,203 MW (30 Sep 2019: 2,203 MW).

  • 2 Including generation capacity not owned by RWE that we can deploy at our discretion on the basis of long-term use agreements. As of the end of September 2020 it amounted to a net

    783 MW (30 Sep 2019: 783 MW).

  • 3 Including minor battery capacity in the Supply & Trading Division.

  • 4 Lignite capacity excludes 1,448 MW of security reserve.

  • 5 Including minor 'other' generation technologies (e.g. oil-fired power plants).

Note: Renewables capacity incl. batteries amounts to 9,852 MW as of 30 Sep 2020.

Preliminary data, rounding differences may occur.

1

RWE's renewables installed capacity

Pro rata view

Offshore windOnshore wind

MW

30 Sep

Germany

United Kingdom

Netherlands

Poland

Spain

Italy

USA/CAN

Other countries

2020

2019

2020

2019

2020

2019

2020

2019

851

851

582

582

3

2

407

410

-

6

1,843

1,851

1,436

1,436

658

657

-

-

82

82

55

55

2,231

2,230

-

-

295

295

-

-

11

11

737

486

1,043

792

-

-

369

369

1

1

-

-

-

-

370

370

-

-

443

443

52

7

10

10

-

-

504

459

-

-

442

385

-

-

-

-

-

-

442

385

-

-

3,598

3,227

127

17

-

-

-

-

3,725

3,244

176

176

121

121

-

-

62

61

-

-

359

359

Renewables RWE Group

2,463

2,463

6,507

6,078

229

27

572

575

792

547

10,563

9,690

Accounting view

Solar

2020

Offshore windOnshore wind

2019

2020

2019

Hydro

Biomass

Total

MW

30 Sep

2020

2019

2020

2019

2020

2019

2020

2019

Germany

598

598

666

666

3

2

432

435

-

6

1,698

1,706

United Kingdom

1,272

1,272

707

706

-

-

82

82

55

55

2,117

2,116

Netherlands

-

-

295

295

-

-

11

11

737

486

1,043

792

Poland

-

-

385

385

1

1

-

-

-

-

386

386

Spain

-

-

447

447

45

-

12

12

-

-

504

459

Italy

-

-

475

418

-

-

-

-

-

-

475

418

USA/CAN

-

-

3,195

2,824

125

15

-

-

-

-

3,320

2,839

Other countries

48

48

126

126

-

-

61

61

-

-

235

235

1,918

1,918

6,295

5,866

220

18

599

601

792

547

9,823

8,950

2020

Preliminary data, rounding differences may occur.

2019

2020

2019

Portfolio changes for Wind/Solar versus 31 Dec 2019

PREVIEW

PROJECT NAME

COUTNRY

TRANSACTIONTYPE

DATE

NET CAPACITY

MW

RWE's LEGAL CONSOLIDATION STAKE

%

MW

PRO RATA VIEW

%

MW

ACCOUNTING TREATMENT1

SUPPORT REGIME

SUPPORT EXPIRY

Offshore

-

Onshore

370.35

Peyton Creek

Spijk

Cranell

US

NL

US

commissioned decommissioned commissioned

Mar 20

Jun 20

Sep 20

151.2

1 220

100% 100% 100%

151.2

1 220

100% 100% 100%

151.2

0.85 220

1 1 1

REC/PTC

Merchant

REC/PTC

2030 n.a.

2030

Solar

92.1

Alarcos

Lieg

Vauxhall

Hull

ES

GER

CAN

CAN

commissioned commissioned commissioned commissioned

Jul 20

Jul 20

Aug 20

Aug 20

45 1 22 25

100% 100% 100% 100%

45 1 22 25

100% 100% 100% 100%

45 0.6

22 24.5

1 1 1 1

PPA

FiT

PPA

PPA

2030 2040 2030 2030

Storage

Total

462.45 MW

1 Details on accounting treatment, please see in the appendix.

Preliminary data, rounding differences may occur.

RWE's electricity generation Q1 - Q3

January - September

PREVIEW

Renewables

Billion kWh

Pumped storage/ batteries

Gas

Lignite

Hard coal

Nuclear

Other

Total

Jan - Sep (9M) Offshore Wind Onshore Wind / Solar Hydro / Biomass / Gas of which

2020 5.0 12.1 4.2

2019

2.6

Germany1 United Kingdom Netherlands/Belgium Turkey

1.4

0.4 2.4

Coal / Nuclear of which Germany2 Netherlands/Belgium RWE Group

21.3

2.4

3.7

2020

2020

2019

2019

2020

2019

2020

2019

1.5

1.3

34.9

36.8

2.2

1.4

1.5

1.3

6.3

5.4

0.4

0.8

17.1 8.4 3.1 0.6

25.0

4.7

2.2

1.7

0.2

23.4

35.4

1.9

0.6

0.2

23.4

35.4

1.9

3.3

8.7

1.5

1.3

35.5

37.0

23.4

35.4

4.1

10.3

2020

2019

5.0

2.4

12.1

3.7

43.0

47.7

9.4

8.1

17.5

25.8

6.6

13.0

12.1

3.1

1.7

41.4

54.2

40.6

53.4

0.8

0.8

101.5

107.8

2020

2019

2020

2019

7.0

0.2

0.2

0.4

3.3

15.6

15.2

0.0

0.1

14.8

14.4

0.0

0.1

0.8

0.8

15.6

15.2

0.2

0.1

  • 1 Including electricity from power plants not owned by RWE that we can deploy at our discretion on the basis of long-term agreements. In Q1-Q3 2020, this amounted to 1.6 billion kWh (Q1-Q3 2019: 1.3 billion kWh)

  • 2 Including electricity from power plants not owned by RWE that we can deploy at our discretion on the basis of long-term agreements. In Q1-Q3 2020, this amounted to 0.5 billion kWh (Q1-Q3 2019: 1.1 billion kWh)

  • > Offshore Wind: Consolidation effect - assets acquired from E.ON included as of 18 Sep 2019. Positive weather effect in Q1 2020 after low wind levels in 2019

  • > Onshore Wind / Solar: Consolidation effect - assets acquired from E.ON included as of 18. Sep 2019. Commissioning of new generation capacity

  • > Renewables Netherlands: Conversion of Amer and Eemshaven hard coal plants to biomass co-firing (1.9 TWh biomass co-firing at Amer and 0.5 TWh biomass co-firing at Eemshaven)

  • > Gas Germany: Market price driven higher generation volumes as well as higher availability in first half of 2020

  • > Gas UK: Less demand in the early part of 2020 due to warm and windy weather and Covid-19 impact thereafter

  • > Gas Netherlands: Higher power production due to demothballing Claus C (1304 MW); disposal of Inesco (130 MW, Q1 2019)

  • > Gas Turkey: Higher electricity generation due to favourable weather conditions (less hydro production)

  • > Lignite: Market price driven lower generation volumes despite positive effect from updated production plan after clarity regarding lignite phase out. Transfer of Neurath C (292 MW) to the lignite reserve in Q4 2019

  • > Hard coal Germany: mainly market price driven lower generation volumes; decommissioning of Gersteinwerk K2 (614 MW) as of 29 March 2019

  • > Hard coal UK: Decommissioning of Aberthaw plant as of mid December 2019 (1,560 MW)

  • > Hard coal Netherlands: lower production at Eemshaven due to market price driven lower commercial dispatch; conversion of Amer and Eemshaven hard coal plant to biomass co-firing (see above)

Preliminary data, rounding differences may occur.

RWE's electricity generation Q3

July - September

PREVIEW

Billion kWh

Jul - Sep (Q3)

2020

2019

2020

2019

Offshore Wind

1.2

1.0

-

-

Onshore Wind / Solar

3.2

1.2

-

-

Hydro / Biomass / Gas

1.4

0.6

0.5

0.4

of which

-

-

-

-

Germany1

0.4

0.2

0.5

0.4

United Kingdom

0.1

0.2

-

-

Netherlands/Belgium

0.9

0.2

-

-

Turkey

-

-

-

-

Coal / Nuclear

-

-

-

-

of which

-

-

-

-

Germany2

-

-

-

-

Netherlands/Belgium

-

-

-

-

RWE Group

5.8

2.8

0.5

0.4

Renewables

Pumped storage/

Gas

Lignite

Nuclear

Other

batteries

2020

2019

2020

2019

2020

2019

2020

2019

2020

2019

2020

2019

-

-

-

-

-

-

-

-

-

-

1.2

1.0

-

-

-

-

-

-

-

-

-

-

3.2

1.2

13.8

12.1

-

-

0.7

1.3

-

-

0.1

-

16.5

14.4

-

-

-

-

-

-

-

-

-

-

-

-

2.0

2.4

-

-

-

-

-

-

0.1

-

3.0

3.0

7.4

7.0

-

-

-

0.0

-

-

-

-

7.5

7.2

3.0

1.8

-

-

0.7

1.3

-

-

-

-

4.6

3.3

1.4

0.9

-

-

-

-

-

-

-

-

1.4

0.9

0.4

0.2

9.1

10.7

0.9

0.8

5.6

6.0

-

-

16.0

17.7

-

-

-

-

-

-

-

-

-

-

-

-

0.4

0.2

9.1

10.7

0.9

0.8

5.3

5.7

-

-

15.7

17.4

-

-

-

-

-

-

0.3

0.3

-

-

0.3

0.3

14.2

12.3

9.1

10.7

1.6

2.1

5.6

6.0

0.1

-

36.9

34.3

Hard coal

Total

  • 1 Including electricity from power plants not owned by RWE that we can deploy at our discretion on the basis of long-term agreements. In Q3 2020, this amounted to 0.5 billion kWh (Q3 2019: 0.4 billion kWh)

  • 2 Including electricity from power plants not owned by RWE that we can deploy at our discretion on the basis of long-term agreements. In Q3 2020, this amounted to 0.2 billion kWh (Q3 2019: 0.2 billion kWh)

  • > Offshore Wind: Consolidation effect: assets acquired from E.ON included as of 18 Sep 2019

  • > Onshore Wind / Solar: Consolidation effect - assets acquired from E.ON included as of 18. Sep 2019. Commissioning of new generation capacity; lower wind yield

  • > Renewables Netherlands: Conversion of Amer and Eemshaven hard coal plants to biomass co-firing (0.8 TWh biomass co-firing at Amer and 0.1 TWh biomass co-firing at Eemshaven)

  • > Gas Turkey: Higher electricity generation due to favourable weather conditions (less hydro production)

  • > Gas Netherlands: Higher gas production due to demothballing Claus C (1,304 MW)

  • > Lignite: mainly maintenance outages and transfer of Neurath C (292 MW) to the lignite reserve in Q4 2019

  • > Hard coal Netherlands: lower production at Eemshaven due to market price driven lower commercial dispatch; conversion of Amer and Eemshaven hard coal plant to biomass co-firing (see above)

Preliminary data, rounding differences may occur.

RWE's renewables electricity generation1 Q1 - Q3

January - September

Pro rata view

Billion kWh

Offshore

Onshore

wind

wind

Jan - Sep (9M)

2020

2019

2020

2019

2020

2019

2020

2019

2020

2019

2.1

0.8

0.7

0.7

0.0

0.0

1.4

1.4

-

-

4.2

2.8

3.9

1.9

1.6

0.7

-

-

0.1

0.1

0.3

0.3

5.9

3.0

-

-

0.5

0.5

-

-

-

-

2.4

0.8

2.9

1.3

-

-

0.7

0.4

0.0

0.0

-

-

-

-

0.7

0.4

-

-

0.6

0.7

0.0

0.0

0.0

0.0

-

-

0.7

0.8

-

-

0.6

0.1

-

-

-

-

-

-

0.6

0.1

-

-

7.5

0.2

0.2

0.0

-

-

-

-

7.7

0.3

0.5

0.2

0.3

0.0

0.0

0.0

0.0

0.0

-

-

0.7

0.0

6.4

2.9

12.5

3.4

0.3

0.0

1.6

1.5

2.7

1.1

23.4

8.8

Biomass

2020

2019

Accounting view Billion kWh

Jan - Sep (9M)

Offshore windOnshore windSolar

Hydro

Total

2020

2019

2020

2019

2020

2019

2020

2019

2020

2019

1.4

0.7

0.9

0.8

0.0

0.0

1.4

1.4

-

-

3.7

2.8

3.4

1.8

1.6

0.8

-

-

0.1

0.1

0.3

0.3

5.4

3.0

-

-

0.5

0.5

-

-

-

-

2.4

0.8

2.9

1.3

-

-

0.7

0.4

0.0

0.0

-

-

-

-

0.7

0.4

-

-

0.6

0.7

0.0

-

0.0

0.0

-

-

0.6

0.7

-

-

0.7

0.2

-

-

-

-

-

-

0.7

0.2

-

-

6.5

0.3

0.2

0.0

-

-

-

-

6.7

0.3

0.2

0.0

0.2

0.0

0.0

0.0

0.1

0.1

-

-

0.5

0.1

5.0

2.4

11.7

3.7

0.3

0.0

1.6

1.5

2.7

1.1

21.3

8.7

2020

2019

Germany United Kingdom Netherlands Poland Spain Italy USA/CAN Other countries Renewables RWE Group

RWE's renewables electricity generation1 Q3

July - September

Pro rata view

Billion kWh

Jul - Sep (Q3)

Offshore windOnshore wind

2020

2019

2020

2019

2020

2019

2020

2019

2020

2019

0.6

0.3

0.1

0.2

0.0

0.0

0.4

0.2

-

-

1.1

0.7

0.9

0.7

0.4

0.3

-

-

0.0

0.0

0.1

0.1

1.4

1.0

-

-

0.1

0.1

-

-

-

-

0.9

0.3

1.0

0.4

-

-

0.2

0.1

0.0

0.0

-

-

-

-

0.2

0.1

-

-

0.2

0.2

0.0

0.0

0.0

0.0

-

-

0.2

0.2

-

-

0.2

0.0

-

-

-

-

-

-

0.2

0.0

-

-

2.0

0.2

0.1

0.0

-

-

-

-

2.0

0.3

0.1

0.1

0.1

0.0

0.0

0.0

0.0

0.0

-

-

0.2

0.1

1.6

1.1

3.2

1.1

0.1

0.0

0.4

0.2

1.0

0.4

6.3

2.8

Biomass

2020

2019

Germany United Kingdom Netherlands Poland Spain Italy USA/CAN Other countries Renewables RWE Group

Accounting view Billion kWh

Jul - Sep (Q3)

Offshore windOnshore windSolar

Hydro

Total

2020

2019

2020

2019

2020

2019

2020

2019

2020

2019

0.3

0.2

0.3

0.2

0.0

0.0

0.4

0.2

-

-

1.0

0.7

0.9

0.8

0.4

0.3

-

-

0.0

0.0

0.1

0.1

1.4

1.1

-

-

0.1

0.1

-

-

-

-

0.9

0.3

1.0

0.4

-

-

0.2

0.1

0.0

0.0

-

-

-

-

0.2

0.1

-

-

0.2

0.2

0.0

-

0.0

0.0

-

-

0.2

0.1

-

-

0.2

0.1

-

-

-

-

-

-

0.2

0.1

-

-

1.7

0.3

0.1

0.0

-

-

-

-

1.8

0.3

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

-

-

0.1

0.0

1.2

1.0

3.0

1.2

0.1

0.0

0.4

0.2

1.0

0.4

5.8

2.8

2020

2019

Germany United Kingdom Netherlands Poland Spain Italy USA/CAN Other countries Renewables RWE Group

RWE's pro forma1 renewables electricity generation Q1 - Q3

January - September

Pro rata view

Billion kWh

Offshore

Onshore

wind

wind

Jan - Sep (9M)

2020

2019

2020

2019

2020

2019

2020

2019

2020

2019

2.1

2.1

0.7

0.7

0.0

0.0

1.4

1.4

-

-

4.2

4.2

3.9

3.3

1.6

1.2

-

-

0.1

0.1

0.3

0.3

5.9

4.8

-

-

0.5

0.5

-

-

-

-

2.4

0.8

2.9

1.3

-

-

0.7

0.7

0.0

0.0

-

-

-

-

0.7

0.7

-

-

0.6

0.7

0.0

0.0

0.0

0.0

-

-

0.7

0.8

-

-

0.6

0.5

-

-

-

-

-

-

0.6

0.5

-

-

7.5

7.3

0.2

0.0

-

-

-

-

7.7

7.4

0.5

0.4

0.3

0.2

0.0

0.0

0.0

0.0

-

-

0.7

0.6

6.4

5.8

12.5

11.9

0.3

0.0

1.6

1.5

2.7

1.1

23.4

20.4

Biomass

2020

2019

Accounting View Billion kWh

Jan - Sep (9M)

Offshore windOnshore windSolar

Hydro

Total

2020

2019

2020

2019

2020

2019

2020

2019

2020

2019

1.4

1.5

0.9

0.8

0.0

0.0

1.4

1.4

-

-

3.7

3.6

3.4

2.9

1.6

1.2

-

-

0.1

0.1

0.3

0.3

5.4

4.4

-

-

0.5

0.5

-

-

-

-

2.4

0.8

2.9

1.3

-

-

0.7

0.6

0.0

0.0

-

-

-

-

0.7

0.6

-

-

0.6

0.7

0.0

-

0.0

0.0

-

-

0.6

0.8

-

-

0.7

0.6

-

-

-

-

-

-

0.7

0.6

-

-

6.5

6.4

0.2

0.0

-

-

-

-

6.7

6.4

0.2

0.1

0.2

0.3

0.0

0.0

0.1

0.1

-

-

0.5

0.5

5.0

4.5

11.7

11.0

0.3

0.0

1.6

1.5

2.7

1.1

21.3

18.2

2020

2019

Germany United Kingdom Netherlands Poland Spain Italy USA/CAN Other countries Renewables RWE Group

RWE's pro forma1 renewables electricity generation Q3

July - September

PREVIEW

Pro rata view

Billion kWh

Offshore

Onshore

wind

wind

Jul - Sep (Q3)

Solar

Hydro

Biomass

Total

2020

2019

2020

2019

2020

2019

2020

2019

2020

2019

0.6

0.7

0.1

0.2

0.0

0.0

0.4

0.2

-

-

1.1

1.1

0.9

0.9

0.4

0.4

-

-

0.0

0.0

0.1

0.1

1.4

1.3

-

-

0.1

0.1

-

-

-

-

0.9

0.3

1.0

0.4

-

-

0.2

0.2

0.0

0.0

-

-

-

-

0.2

0.2

-

-

0.2

0.2

0.0

0.0

0.0

0.0

-

-

0.2

0.2

-

-

0.2

0.1

-

-

-

-

-

-

0.2

0.1

-

-

2.0

2.1

0.1

0.0

-

-

-

-

2.0

2.1

0.1

0.1

0.1

0.1

0.0

0.0

0.0

0.0

-

-

0.2

0.1

1.6

1.7

3.2

3.2

0.1

0.0

0.4

0.2

1.0

0.4

6.3

5.4

Biomass

2020

2019

Accounting View Billion kWh

Jul - Sep (Q3)

Offshore windOnshore windSolar

Hydro

Total

2020

2019

2020

2019

2020

2019

2020

2019

2020

2019

0.3

0.4

0.3

0.2

0.0

0.0

0.4

0.2

-

-

1.0

0.8

0.9

0.9

0.4

0.4

-

-

0.0

0.0

0.1

0.1

1.4

1.3

-

-

0.1

0.1

-

-

-

-

0.9

0.3

1.0

0.4

-

-

0.2

0.1

0.0

0.0

-

-

-

-

0.2

0.1

-

-

0.2

0.2

0.0

-

0.0

0.0

-

-

0.2

0.2

-

-

0.2

0.1

-

-

-

-

-

-

0.2

0.1

-

-

1.7

1.8

0.1

0.0

-

-

-

-

1.8

1.8

0.0

0.0

0.0

0.1

0.0

0.0

0.0

0.0

-

-

0.1

0.1

1.2

1.3

3.0

2.9

0.1

0.0

0.4

0.2

1.0

0.4

5.8

4.8

2020

2019

Germany United Kingdom Netherlands Poland Spain Italy USA/CAN Other countries Renewables RWE Group

APPENDIX

Accounting treatment1 of renewable assets

Model 1

Model 2

Model 3a

Model 3b

Model 4

Included in the consolidated financial statements

Equity method

Joint operations

Other investments

RWE share of project2

100%

>50%, < 100%

>20%, = < 50%

>20%. = < 50%

>0% - 20%

Capacity view

Pro rata MW

100%

pro rata

pro rata

pro rata

pro rata

Accounting MW

100%

100%

n/a

pro rata

n/a

Profit and loss statement

Contribution to EBITDA

100%

100%

0%

pro rata

0%

Contribution to depreciation

100%

100%

0%

pro rata

0%

Contribution to EBIT

100%

100%

0%

pro rata

0%

Contribution to at equity income in EBIT/DA

n/a

n/a

pro rata

n/a

n/a

Contribution to income other investments in EBIT/DA

n/a

n/a

n/a

n/a

pro rata

Minorities

n/a

(100% - RWE share)

n/a

n/a

n/a

Cash flow statement

Consideration in operating cash flow

100%

100%

pro rata3

pro rata

pro rata3

Consideration in investing cash flow

100%

100%

pro rata4

pro rata

pro rata4

Consideration in financing cash flow5

n/a

(100% - RWE share)

n/a

n/a

n/a

Balance sheet assets

Consolidated assets

100%

100%

n/a

pro rata

n/a

Equity investments

n/a

n/a

pro rata

n/a

n/a

Other investments

n/a

n/a

n/a

n/a

pro rata

1 Accounting treatment refers to list of shareholding tables in RWE's annual report.

  • 2 RWE's share of project corresponds to the voting rights and no adverse provisions in shareholders agreement are agreed, which would influence RWE's ability to control that company.

  • 3 Dividend.

  • 4 Capital & shareholder loan increase/decrease.

  • 5 Disregarding any financing structure (e.g. tax equity, project financing etc.).

10

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RWE AG published this content on 02 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2020 13:24:05 UTC