Support and expertise in the development of low carbon energy
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 €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 employs around 19,000 people worldwide. RWE is in the process of phasing out nuclear energy and coal with its sole focus turning to renewable energy.
Why join The Solent Cluster?
RWE joined The Solent Cluster to provide support via its expertise and presence as a leading global player in the development of low carbon energy. The development of green hydrogen electrolytic assets is an upcoming field and RWE understands that it is vital to work with local stakeholders to provide the right technical and economic solutions for their specific needs from the start.
It believes The Solent Cluster will be fundamental in raising the profile of the decarbonisation agenda in the region, which in turn is key to enabling the area to attract skills and investment in a competitive space. RWE sees the development of these decarbonised industrial clusters as a vital part of the development of the hydrogen economy.
Galvanising the development of a decarbonised economy in the area, The Solent Cluster will represent the regional potential at a governmental level, connecting stakeholders and supporting the connection of the area to national decarbonisation infrastructure.
The Solent Cluster provides RWE with the opportunity to better understand the barriers and opportunities concerning the development of a decarbonisation cluster in the region. This will enable it to provide bespoke solutions and support to local stakeholders to maximise the value for all parties involved in the development.
Energy for a sustainable life
In its operations, RWE has a clear target: to reach Net Zero by 2040. On its way there, the company has set ambitious targets to reduce all activities that cause greenhouse gas emissions, in line with the Paris Agreement.
RWE is also committed to assisting in the decarbonisation of areas where using low carbon assets will enable job creation and long-term local economic advancement. As a key player in the worldwide energy market, RWE takes its corporate responsibility very seriously, from environmental protection and climate change mitigation, social concerns and human rights through to responsible corporate governance.
RWE is one of the leading generators supplying 15% of the UK’s electricity and is a key partner in the decarbonisation of the UK’s power sector and the transition towards a secure, clean and affordable energy system.
The business is committed to being carbon neutral by 2040 and will achieve this through responsibly phasing out fossil fuels, at the same time as investing in low-carbon technologies. In the UK, RWE expects to invest up to £15 billion in new green technologies and infrastructure by 2030. RWE is actively exploring new technological opportunities such as hydrogen, carbon capture and floating offshore wind, which will help drive progress towards the UK’s decarbonisation objectives.
Become a Member
World leading partnerships creating a network that will decarbonise the South Coast region and beyond.