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Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance
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Home › Dodgy Deals ›
Dodgy Deal
RWEGermany

Company – Active

This profile is actively maintained
Contact:

climate@banktrack.org

Last update: 2023-01-13 00:00:00
Garzweiler II, RWE's surface mine in North-Rhine-Westfalia. Photo: Bert Kaufmann via Flickr (CC BY 2.0)

Company – Active

This profile is actively maintained
Contact:

climate@banktrack.org

Last update: 2023-01-13 00:00:00
Why this profile?

Why this profile?

RWE is Europe's biggest single emitter of CO2 and therefore contributes to the acceleration of climate change. It is also threatening a socially just energy transition in one of Europe's most important economies. The company is converting its two coal power plants in the Netherlands to burning wood, which emits more carbon per unit of energy than coal and is devasting forest ecosystems.

What must happen

Banks should avoid providing financial services to RWE, as coal-fired power stations represent 30% of its electricity generation and the total operating capacity of its coal plants is about 11GW. RWE’s annual coal production is 84.8 million metric tons. RWE also continues to invest in new coal power and plans to keep its coal power stations operational till 2038, as well as converting coal power plants to burning wood which is falsely labeled as "renewable". By doing so, RWE fails to align its business model with the goals set in the Paris Climate Agreement. (See also the Principles for Paris-aligned Financial Institutions).

About
Sectors Coal Electric Power Generation , Biomass Electric Power Generation, Coal Mining, Commodities Trading, Nuclear Electric Power Generation, Solar Electric Power Generation, Wind Electric Power Generation
Headquarters
Ownership
listed on Düsseldorf Stock Exchange & Frankfurt Stock Exchange

RWE's shareholder structure can be viewed here.

Subsidiaries
RWE Generation – Germany
RWE Power – Germany
RWE Renewables – Germany
RWE Supply & Trading – Germany
Website http://www.rwe.com

RWE is a large German energy company, founded in 1898, and is active in the generation, trading, transmission and supply of electricity and gas. It has a generation capacity of about 41 gigawatt (in 2020), of which 26.5% comes from coal power plants (lignite 21% and hard coal 5.5%). The coal share of power production of RWE is 30% (25% lignite and 5% hard coal). RWE's coal power plants are located in Germany, the United Kingdom and the Netherlands. RWE’s lignite is mainly mined from their own open-cast mines in North-Rhine Westphalia. Besides coal, RWE’s generation capacity consists of 35% gas, 7% nuclear, 25% renewables and 6% pumped storage and batteries. Since 2019, RWE has increasingly been using wood pellets to co-fire with coal in its two plants in the Netherlands - the Amer Power Station and the Eemshaven Power Station - which is falsely labeled as "renewable".

Impacts

Impact on human rights and communities

Resettlement Lignite open pit mines have swallowed entire villages and RWE has resettled 41,000 people since the 1940s. The villages are mostly resettled a few kilometers further including houses, churches and cemeteries. The Garzweiler mine - although in operation since 2006 - has caused the resettlement of six villages and the expansion threatens the existence of 12 villages that are home to 7,600 residents. Demolition of the first four villages (Unterwestrich, Oberwestrich, Kuckum and Beverath) is scheduled to begin in 2023. A number of villagers have formed an alliance under the name of 'Menschenrecht vor Bergrecht'  and is resisting RWE's claim on their land in court. In addition, the villages of Mannheim and Morschenich will be resettled before 2022 and 2024, respectively, to make space for the Hambach open-cast mine which has already resettled four villages.

Pollution Coal and wood biomass power plants emit similar levels and set of pollutants as each other, which are both linked to severe health impacts, including asthma, cancer, heart and lung ailments. In addition, the production of wood pellets is associated with air pollution and wood dust pollution. Long-term exposure to wood dust is linked to allergic and non-allergic respiratory and nasal disease and with dermatitis as well as two rare cancers. Poor wood dust management has been observed and reported in relation to plants owned by RWE's suppliers Graanul Invest, Enviva and Pinnacle Pellets. Pinnacle Pellets have also had several explosions and fires at plants, resulting in injuries and even deaths of workers.


Impact on climate

Emissions from fossil fuels RWE is Europe's biggest single emitter of CO2 with 69 megaton of CO2 emissions in 2020 and therefore contributes to the acceleration of climate change. In 2020 gas accounted for 35% of RWE’s generation capacity, followed by renewables (25%), lignite (21%) and hard coal (5.5%). In addition nuclear had a share of 7% and 6% of pumped storage and batteries. Besides the burning of gas, hard coal and lignite, RWE is involved in mining lignite which is the dirtiest of fossil fuels. RWE mines about 90-95 million tons of lignite each year in its three open cast mines in North-Rhine Westphalia: Garzweiler 30-35 million tons; Hambach 40 million tons and Inden 20 million tons. The company also runs several lignite power plants of which are among Europe's most polluting power plants.

Emissions from biomass RWE has started transforming its two coal power plants in the Netherlands into plants that run on wood biomass, which has been falsely labeled as "renewable". Burning biomass from forests creates more carbon emissions than burning coal, per unit of energy, and the increased carbon dioxide concentrations persist in the atmosphere for decades. In addition, forests offer crucial protection from extreme weather events such as floods and droughts that are becoming increasingly common due to climate change, but the demand for wood pellets for energy is driving forests across the world to be cut down.

Climate risk lawsuit In November 2015 Saúl Luciano Lliuya, a Peruvian farmer and mountain guide, filed a lawsuit against RWE with the help of Germanwatch calling on the company to take responsibility of protecting his family and property from flooding brought on by climate risks. RWE's enormous emissions threaten Raúls family, property and a large part of his home city of Huaraz.


Impact on nature and environment

Threats to forests Since 2015 the Hambach mine has become a focus of the activist alliance Ende Gelände who use civil disobedience to stop the lignite mining. RWE's Hambach mine threatens the 12,000 year old Hambacher forest, home to an oak-hornbeam woodland and 142 species of birds, 10 species of baths and rare animals protected under EU law, such as the middle spotted woodpecker, the spring frog or the dormouse. Today only 10% of the original forest is left and RWE plans to clear 70ha a year to enable their Hambach mine to expand. Activists have occupied the forest and try to stop the clearance by means of tree houses.

Destructive forestry practices for biomass supply All of the pellets burned in Dutch coal power stations of RWE are imported, but RWE refuses to disclose where its pellets are sourced from. What is known from two of their suppliers is that the company has supply agreements with the world's three biggest pellet producers: Enviva, Graanul Invest, and Pinnacle Pellets. It is well-documented that each of these companies routinely source whole logs from clearcut biodiverse, native or old-growth forests for their wood pellets. Through destructive logging practices, these companies are contributing to the destruction of irreplaceable forests and increasing greenhouse gas emissions.


Impact on pandemics

Wood biomass is associated with high rates of deforestation as well as monocultures of various crops. There is a growing body of evidence that shows the connection between deforestation and an increased risk for disease outbreaks and pandemics. For example, monocultures like eucalyptus plantations reduce biodiversity leaving species like rats and mosquitoes, which are more likely to spread dangerous pathogens, to thrive. This biodiversity decline results in a loss of natural disease regulation and poses a risk for human, animal and environmental health.

Financiers

In March 2022 RWE renewed its USD 5.4 billion credit facility with a consortium of 25 banks, one part (USD 2.175 billion) maturing in April 2026 and a second part (USD 3.27 billion) maturing in March 2024. The credit facility was originally established in April 2019 when a consortium of 27 banks financed the facility (RWE press release). See below for more details on banks involved.

In January 2020 RWE issued EUR 750 million in bonds (Cbonds.com). Banks involved were Banco Santander, Credit Agricole CIB, ING, LBBW, Société Générale and UniCredit. See below for more details.

Between 2014 and 2017 33 financial institutions loaned a total of USD 5.510 billion and provided a total of USD 3.055 billion in underwriting services to RWE. These are specified below.

Institution type
Finance type
Year
Projects

RWE biomass conversion project

Netherlands
Project
Active
Biomass Electric Power Generation

RWE biomass conversion project

Netherlands
There are no active project profiles for RWE now.

Hambach open-cast mine

Germany
Project
On record
Coal Mining

Hambach open-cast mine

Germany

Belene nuclear power plant

Bulgaria
Project
On record
Nuclear Electric Power Generation

Belene nuclear power plant

Bulgaria
News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Wood burning - a threat to climate targets

(In German)
2023-03-03 | tagesschau
BankTrack news BankTrack blog Partner news Partner blog

CO2 capture and storage: 'green' RWE power station in Eemshaven one step closer

2023-02-22 | Dagblad van het Noorden
BankTrack news BankTrack blog Partner news Partner blog

HSBC's secretive loan to a coal company bulldozing a village

2023-01-11 | The Bureau of Investigative Journalism
BankTrack news BankTrack blog Partner news Partner blog

Climate activists ‘prepared to risk lives’ to stop German coalmine

2023-01-10 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

Europe’s locomotive runs on coal

ReCommon reports on the devastating impacts of RWE's coal mining operations in Germany
2022-10-27 | ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

Bank financiers of harmful wood biomass have no policies addressing impacts, shows new study

A briefing from BankTrack details impacts of the wood biomass industry and calls on banks to exclude sector from finance
2022-10-21 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

NewClimate Institute report: 29 major polluters on collision course with our climate

2022-07-05 | Amsterdam, Netherlands | Milieudefensie
Blog
BankTrack news BankTrack blog Partner news Partner blog

Intesa Sanpaolo shareholders’ meeting

Climate commitments are vague and weak. Investors ask for an urgent change of course
2022-04-28 | ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

UniCredit shareholders’ meeting: on climate ambition there is still a long way to go

Once again, the Italian bank holds its shareholders' meeting behind closed doors, without debate and with little media visibility.
2022-04-08 | ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

NGOs release the 2021 Global Coal Exit List: 1000 companies driving the world towards climate chaos

49% of the companies on the 2021 GCEL still developing new coal assets. Less than 5% of companies on the list have announced a coal exit date.
2021-10-07 | Berlin | urgewald
BankTrack news BankTrack blog Partner news Partner blog

Activist investor urges Germany's RWE to exit coal quicker

2021-09-08 | Bloomberg Quint
Blog
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Annual General Meeting SEB: how close is Sweden’s biggest fossil fuel financier to being Paris-aligned?

2021-03-30 | BankTrack
Blog
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Norges Bank, which manages Norway's USD 1 trillion fund, announced its decision to exclude 12 companies from the Government Pension Fund Global due to environmental and human rights concerns.

2021-02-16
Blog
BankTrack news BankTrack blog Partner news Partner blog

Investors should reconsider financing Dutch RWE’s biomass and coal plants because of climate impacts, say environmental groups

2021-02-15 | Amsterdam | Environmental Paper Network
BankTrack news BankTrack blog Partner news Partner blog

Kalla fakta del 2 - Bankens smutsiga hemlighet

2019 skriver SEB's vd under ett avtal gallande ansvarsfull bankverksamhet som amnar att pressa varldens ledare att stoppa klimathotet. Ett ar senare framkommer det att SEB fortsatt lana ut miljardbelopp till nagra av varldens storsta klimatbovar
BankTrack quoted
2021-02-01 | Tv 4
Blog
BankTrack news BankTrack blog Partner news Partner blog

NGOs release the 2020 Global Coal Exit List

935 companies that banks, investors and insurers need to avoid
2020-11-12 | Berlin | urgewald
BankTrack news BankTrack blog Partner news Partner blog

Give us back our water and homes: communities stand up to greedy coal

2020-09-25 | Germany, Poland
BankTrack news BankTrack blog Partner news Partner blog

Spelling out the coal exit – Germany’s phase-out plan

2020-06-24 | Clean Energy Wire
BankTrack news BankTrack blog Partner news Partner blog

Rekentruc voor houtstook brengt meer stikstof in de lucht

(article in Dutch) De stikstofuitstoot moet dalen, maar twee energiebedrijven mogen juist meer uitstoten met houtovens. Daarvoor gebruiken ze oude, achterhaalde vergunningen.
2020-04-29 | Trouw
BankTrack news BankTrack blog Partner news Partner blog

Germany's RWE to cut one in three jobs in $2.9 billion coal exit deal

2020-01-16 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

'Human rights before mining rights': German villagers take on coal firm

2019-09-30 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

Opencast coal mining dries out Germany's embattled Hambach Forest – study

2019-08-15 | Clean Energy Wire
BankTrack news BankTrack blog Partner news Partner blog

The coal mine that ate Hambacher forest

2019-07-12 | BBC
BankTrack news BankTrack blog Partner news Partner blog

The French banks behind RWE's destruction

2019-07-10 | Guest blog Lorette Philippot, Europe Beyond Coal
BankTrack news BankTrack blog Partner news Partner blog

Norway to Divest €5 Billion from Coal Giants like Glencore and RWE

2019-06-11 | urgewald
BankTrack news BankTrack blog Partner news Partner blog

European utilities at risk from Credit Agricole’s new 2030 coal exit stance

2019-06-07 | IEEFA
Blog
BankTrack news BankTrack blog Partner news Partner blog

Fool’s Gold – €16bn for Europe’s biggest climate polluters

2019-05-21 | Berlin | Europe Beyond Coal
BankTrack news BankTrack blog Partner news Partner blog

RWE cancels plans for BoAplus project at Niederaussem site

2019-04-26 | RWE press release
BankTrack news BankTrack blog Partner news Partner blog

The Netherlands Orders Early Closure of Coal Plants

2019-03-31 | Power Magazine
Blog
BankTrack news BankTrack blog Partner news Partner blog

RWE plans destruction of ancient German forest

Top bankers of Europe's biggest CO2 emitter revealed in Fossil Fuel Finance Report Card 2019
2019-03-21 | Greig Aitken – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banking on Climate Change – Fossil Fuel Finance Report Card 2019

World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year
2019-03-20 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financial institutions’ tightening coal policies pressure utilities to change

2019-02-26 | Kaarina Kolle – Europe Beyond Coal
BankTrack news BankTrack blog Partner news Partner blog

RWE agrees to leave Hambach Forest untouched until 2020 – NRW state premier

2019-02-20 | Clean Energy Wire
BankTrack news BankTrack blog Partner news Partner blog

German energy giant RWE agrees to halt logging in Hambach Forest

2019-02-20 | Deutsche Welle
BankTrack news BankTrack blog Partner news Partner blog

The end of coal – Germany needs to get real on ambition

2019-01-31 | E3G
BankTrack news BankTrack blog Partner news Partner blog

Germany to stop using coal by end of 2038

2019-01-26 | Deutsche Welle
Blog
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New briefing paper on RWE – Europe’s worst polluter – for investors, insurers and banks

2018-12-16 | Europe Beyond Coal
Blog
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New report: Three years after the Paris climate summit, French banks are financing more coal

2018-11-26 | Paris, France | Les Amis de la Terre
Blog
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RWE financiers urged to join DekaBank call to stop destruction of Hambach forest

2018-09-19 | Nijmegen & Berlin | BankTrack, urgewald, Europe Beyond Coal, Les Amis de la Terre
BankTrack news BankTrack blog Partner news Partner blog

Commission watch – Managing Germany’s coal phase-out

2018-09-17 | Germany | Clean Energy Wire
BankTrack news BankTrack blog Partner news Partner blog

News Hambach Forest: Police clearing treehouses again despite Sunday's mass protests

2018-09-16 | Germany | Deutsche Welle
BankTrack news BankTrack blog Partner news Partner blog

RWE und Gewerkschaft laufen Sturm gegen Pläne für Kohle-Aus

(Article in German)
2018-09-16 | Germany | Der Tagesspiegel
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German police arrest Hambach Forest activists

2018-09-16 | Germany | Deutsche Welle
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German state begins clearing out Hambach Forest treehouses

2018-09-13 | Germany | Deutsche Welle
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German police confront treehouse activists after six-year standoff

2018-09-13 | The Guardian
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1.1 GW lignite plant project to be cancelled – RWE official

2018-09-11 | Montelnews.com
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6 years of coal protest coming to an end at Germany's Hambach forest?

2018-09-06 | Germany | Deutsche Welle
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RWE prepares clearing of Hambach Forest for coal mining despite calls for moratorium

2018-08-21 | Clean Energy Wire
BankTrack news BankTrack blog Partner news Partner blog

RWE says Innogy deal on track after first-half core profit in line

2018-08-14 | CNBC
BankTrack news BankTrack blog Partner news Partner blog

Villages die as community makes way for coal in Germany

2018-08-13 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

RWE allowed to fell Hambach Forest and continue lignite mining

2018-04-03 | Clean Energy Wire
BankTrack news BankTrack blog Partner news Partner blog

German cathedral is torn down to make way for coal mining

2018-01-12 | Dailymail
BankTrack news BankTrack blog Partner news Partner blog

Energy Transition Blocked by Brown Coal

Can Germany Break Its Lignite Habit?
2017-11-22 | Der Spiegel
BankTrack news BankTrack blog Partner news Partner blog

Peruvian farmer sues German energy giant for contributing to climate change

2017-11-14 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

In shadow of Germany’s climate conference, a village disappears to make way for coal

2017-11-11 | Washington Post
BankTrack news BankTrack blog Partner news Partner blog

Germany's dirty coalmines become the focus for a new wave of direct action

2017-11-08 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

RWE and CEZ worst prepared for move to low-carbon economy

2017-04-03 | Financial Times
BankTrack news BankTrack blog Partner news Partner blog

Climate activists threaten to shut down world's major coal sites

2016-03-01 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

RWE sells Lynemouth power plant to EPH ahead of biomass conversion

2016-01-07 | The Telegraph UK
BankTrack news BankTrack blog Partner news Partner blog

Morgan Stanley Targeted Over Coal Financing

2015-10-12 | Desmog blog
BankTrack news BankTrack blog Partner news Partner blog

Five Reasons Why Morgan Stanley is RAN’s Next Target Bank on Coal Finance

2015-09-22 | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

Activists to halt diggers at RWE coalfields in Germany

2015-08-14 | The Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

BNP Paribas, Deutsche Bank and ING invest €1.34 billion in coal

FairFin, Climaxi and BankTrack ask for green investments
2014-06-03 | Brussels | FairFin
private BankTrack news BankTrack blog Partner news Partner blog

CEO of German Utility RWE Says It Should Have Invested in Renewable Energy Sooner

2014-04-15 | www.renewableenergyworld.com
Blog
BankTrack news BankTrack blog Partner news Partner blog

Fear of change could precipitate demise of Europe’s energy giants

New report illustrates failure to adapt to changing market conditions
2014-02-27 | Brussels | Greenpeace
BankTrack news BankTrack blog Partner news Partner blog

RPT-Move to ban coal shares in Norway's $815 bln fund gains support

2014-01-28 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Norway's sovereign fund halves coal exposure

2014-01-28 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

RWE recognises impairments

2014-01-28 | RWE
BankTrack news BankTrack blog Partner news Partner blog

RWE Writes Down $4.5 Billion as Power-Plant Earnings Drop

2014-01-28 | Bloomberg
BankTrack news BankTrack blog Partner news Partner blog

RWE Said to Drop Two Coal-Fired Power Contracts

2013-12-23 | Bloomberg
BankTrack news BankTrack blog Partner news Partner blog

Climate camp for awareness - and action

2013-09-06 | DW
BankTrack news BankTrack blog Partner news Partner blog

German court to rule on property rights in brown coal mining dispute

Land Dispute Could Curb German Coal Mining
2013-06-04 | Der Spiegel
BankTrack news BankTrack blog Partner news Partner blog

RWE is interested to support Plomin III as owner´s engineer of HEP

2012-09-14 | RWE
Blog
BankTrack news BankTrack blog Partner news Partner blog

Symbolic funeral for coal at the offices of Deutsche Bank, ING & BNP Paribas

4,000 signatures call for banks to stop financing coal power stations
2011-03-01 | Brussels | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Worst EU Lobbyists 2010 revealed- RWE, Goldman Sachs and ISDA

2010-12-02 | Brussels | Friends of the Earth Europe et.al.
BankTrack news BankTrack blog Partner news Partner blog

RWE Cancels Planned Czeczott Coal-Fired Power Plant in Poland, Heren Says

2010-09-09 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

Bankruptcy threatens banks operating in Belgium

Netwerk Vlaanderen calls to halt investments in coal plants
2010-06-02 | Brussels/ Ghent | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

German energy giant RWE withdraws from Bulgarian nuclear power plant

no financiers left for dangerous reactor
2009-10-28 | Sassenberg, Germany | Urgewald
BankTrack news BankTrack blog Partner news Partner blog

RWE and Kompania Węglowa establish a new company RWE Elektrownia Czeczott

2009-08-19 | RWE
Blog
BankTrack news BankTrack blog Partner news Partner blog

Cernavoda nuclear reactor too dangerous to build, says new report

Greenpeace calls on Romanian government to shelve the project
2009-03-10 | Bucharest | Greenpeace International
Blog
BankTrack news BankTrack blog Partner news Partner blog

Greenpeace files illegal state aid complaint for construction of nuclear plants in Romania and Bulgaria

2009-02-25 | Brussels | Friends of the Earth Europe
Blog
BankTrack news BankTrack blog Partner news Partner blog

RWE's reputation on the line with 1.5 billion euro stake in Bulgarian nuclear plant

2008-10-07 | Sofia, Bulgaria | Urgewald
Resources
Documents
Videos
Links
2023-01-13 00:00:00

CSR report 2021

Annual report
2023-01-13 00:00:00 | RWE
2022-05-03 00:00:00

Annual report 2021

Annual report
2022-05-03 00:00:00 | RWE
2022-10-21 00:00:00

Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance

BankTrack publication
2022-10-21 00:00:00 | BankTrack
2021-12-10 00:00:00

Wet Natuurbescherming, RWE Generation NL

Other document
2021-12-10 00:00:00 | Mobilisation for the environment (MOB)
2021-03-10 00:00:00

Sustainability report 2020

Bank policy
2021-03-10 00:00:00 | RWE
2021-05-18 00:00:00

Annual report 2020

Annual report
2021-05-18 00:00:00 | RWE
2021-02-01 00:00:00

Banking on Thin Ice

Exposing Scandinavian Bank Finance for Fossil Fuels
BankTrack publication
2021-02-01 00:00:00 | BankTrack, Fair Finance Guide Norway, Fair Finance Guide Sweden, Oxfam IBIS, ActionAid Denmark
2020-07-15 00:00:00

Fool's Gold

The financial institutions risking our renewable energy future with coal
BankTrack publication
2020-07-15 00:00:00 | Europe Beyond Coal, BankTrack, BlackRock’s Big Problem, Ember, Fundacja "Rozwój TAK - Odkrywki NIE”, Friends of the Earth Finland, Friends of the Earth France, Greenpeace, Reclaim Finance, Re:Common, ShareAction, Urgewald, 350 Japan
2020-02-29 00:00:00

Annual report 2019

Annual report
2020-02-29 00:00:00 | RWE
2019-05-21 00:00:00

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
NGO document
2019-05-21 00:00:00 | Europe Beyond Coal
2019-04-30 00:00:00

Annual report 2018

Annual report
2019-04-30 00:00:00 | RWE
2019-04-30 00:00:00

CSR report 2018

Annual report
2019-04-30 00:00:00 | RWE
2018-11-20 00:00:00

Last Gasp - The coal companies making Europe sick

NGO document
2018-11-20 00:00:00 | Climate Action Network Europe
2018-09-19 00:00:00

Letter from European civil society to RWE main financiers

Correspondence
2018-09-19 00:00:00 | European civil society
2016-05-31 00:00:00

RWE Code of Conduct

Bank policy
2016-05-31 00:00:00 | RWE
2018-03-26 00:00:00

Responsibility Report 2017

Annual report
2018-03-26 00:00:00 | RWE
2018-08-13 00:00:00

Annual Report 2017

Annual report
2018-08-13 00:00:00 | RWE
2014-01-01 00:00:00

2013 Annual Report

Annual report
2014-01-01 00:00:00 | RWE
2011-01-31 00:00:00

RWE 2010 annual company report

Annual report
2011-01-31 00:00:00 | RWE
2011-01-26 00:00:00

Briefing: RWE and Cernavoda

NGO document
2011-01-26 00:00:00 | Heffa Schücking, urgewald
2010-06-02 00:00:00

Bankers on Tenterhooks

Climate change: co-funded by banks operating in Belgium
NGO document
2010-06-02 00:00:00 | Netwerk Vlaanderen
2009-04-20 00:00:00

Flyer about RWE

NGO document
2009-04-20 00:00:00 | Urgewald
2009-04-09 00:00:00

RWE and Belene

NGO document
2009-04-09 00:00:00 | Urgewald
2006-05-18 00:00:00

Advent International acquires RWE Solutions Group from RWE

Company document
2006-05-18 00:00:00 | Advent International

Germany: Police begin eviction of Hambach forest activists

2018-09-19 11:29:51

The Lure of Lignite

2018-08-21 16:26:30

The Case of Huaraz: Saúl versus RWE

2018-08-14 16:45:15

Urgewald campaign site

Hambacher Forest Occupation

Hambach Forest Campaign website

Mensenrecht vor Bergrecht! website

RWE set to destroy more villages in order to dig up more lignite

Updates

2022

2022-03-31 00:00:00 | Enviva announces 15-year MOU with European customer, forecasts significant growth for 2022

RWE has signed a new sourcing agreement with Envia, doubling pellet purchases from them. The contract with RWE has a tenor of five years and is for the delivery of 90,000 MT during 2022, increasing to 180,000 MTPY for 2023 through 2026.

2019

2019-04-26 00:00:00 | RWE cancels plans for BoAplus project at Niederaussem site

In a press release, RWE has stated that it will focus on electricity generation from renewable energy sources. Consequently, the company will no longer invest in new built of coal-fired power stations. Plans for the BOAplus project, a lignite power station at the company’s site in Niederaussem in Germany, have been cancelled.

2019-01-28 00:00:00 | Germany's coal phase-out date of 2038 comes to early according to RWE

Germany's coal commission recommends that the country should phase-out coal by 2038, with fixed reductions in power-plant capacity by 2022 and 2030. These targets are clearly not in line with the 1.5 degree target of the Paris Climate Agreement. RWE however, says the 2038 end date is too early for the company.
 

2018

2018-09-10 00:00:00 | RWE's controversial Hambach coal mine faces protest

RWE announced to clearcut the forest to enlarge the Hambach mine despite the negotiations happening in the coal commission for a coal phase out. The Hambach forest is occupied by activists that are resisting the clearcutting of trees and living in different villages of tree houses. Environmental NGOs declared that clearcutting the forest during coal-phase out negotations would endanger their participation in the coal commission. After the regional higher court announced to decide on the legal challenge of BUND to suspend the clearcutting season for enlargening the Hambach mine, RWE agreed yesterday to a standstill agreement until the verdict is out meaning that RWE is not allowed to clearcut the forest until Oct 14. But despite doing so RWE took advantage of the unclear situation in the previous days to destroy the ground structures of the occupation, sweeping the ground of the forest like a kitchen floor from everything that activists needs for daily subsistence.

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