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Germany's largest electricity producer, RWE, wants to become the leading provider of renewable energies in numerous industrialized countries, including the USA.
This was announced by the Group's new CEO, Markus Krebber, in his first interview after taking office.
"We want to be the market leader in our core markets across the entire value chain - with generation, storage and hydrogen technologies - that is, in Germany, in other countries of the European Union, in England and in the USA," said Krebber in an interview with WELT AM SONNTAG.
The company's former CFO took over the chairmanship on May 1st from his predecessor Rolf Martin Schmitz.
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“The decisive path of the energy transition is still ahead of us, and that with a huge investment requirement,” said Krebber the paper.
"So you can assume that the investment program that lies ahead is larger than the one that lies behind us."
For the years 2020 to 2022, RWE's previous financial plan had provided for investments of five billion euros in renewable energies and storage.
Krebber also wants to sharpen the Group's internal sustainability goals.
After RWE had already announced that it would achieve climate neutrality by 2040, the entire ecological footprint of the group should now be greener.
"We are expanding our goal to the extent that we want to become completely climate-neutral by 2040, that is, from Scope 1 to 3 across all emissions."
Krebber is cautious about the climate share
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With the so-called Scope 3 emissions, RWE now also includes “the entire chain from purchases from suppliers to sales with customers” in its sustainability strategy.
Regarding the latest climate component of the Federal Constitutional Court and the short-term planned tightening of the Federal Climate Protection Act, Krebber commented cautiously: "Ambitious climate targets are initially positive for the expansion of our core business in the renewables sector," he said: "As far as the Federal Constitutional Court demands concrete timetables from politicians, welcome I do that. I'm not speculating about future further measures today. "