innogy: An Overview

innogy at a glance

innogy SE is Germany’s leading energy company, with revenue of around €44 billion (2016), more than 40,000 employees and activities in 16 countries across Europe. With its three business segments Grid & Infrastructure, Retail and Renewables, innogy addresses the requirements of a modern, decarbonised, decentralised and digital energy world. Its activities focus on its 23 million customers, and on offering them innovative and sustainable products and services which enable them to use energy more efficiently and improve their quality of life.

The innogy brand name is a symbiosis of the terms innovation, energy and technology.

The key markets are Germany, the United Kingdom, the Netherlands and Belgium, as well as several countries in Central Eastern and South Eastern Europe, especially the Czech Republic, Hungary and Poland. In renewable power generation, the company is also active in other regions, e.g. Spain, Italy and the MENA region (Middle East, North Africa), with a total capacity of 3.7 gigawatts. As a leader of innovation in future-oriented fields like eMobility, we are represented in the international hot-spots of the technology industry such as Silicon Valley, Tel Aviv, London and Berlin. We combine the extensive expertise of our energy technicians and engineers with digital technology partners, from start-ups to major corporates. With planned capital investments of around €6.5- €7.0 billion (2017-2019), we are building the power market of the future and driving forward the transformation of the energy market. 

innogy was formed from the restructuring of the RWE Group and started operations on 1 April 2016. Its IPO in October 2016 made innogy SE Germany’s most valuable energy company.

innogy is colourful, flexible and full of energy – let’s innogize!

Grid & Infrastructure

We have the most efficient distribution system in Germany: in 2016, we transported more electricity than any other distribution system operator in Germany. Throughout Europe, our network has a total length of 574,000 kilometres, enough to go around the world 14 times. 

The distribution grids form the backbone of the energy transition. They play a key role in securing the power supply by integrating weather-dependent and time-dependent renewable sources as well as decentralised generating systems. We have distribution grids in five countries, four-fifths of them comprising power lines and one-fifth gas lines as at December 2016. We are involved in developing efficient and intelligent metering and control systems (smart grids) to make grids more effective and flexible. To ensure that electricity and gas continue to reach the locations where energy is needed at any specific time, we want to invest further in modernising and expanding our grid infrastructure.

Retail

We currently supply around 16 million electricity customers and seven million gas customers in eleven European markets with energy, reliably and at fair prices. innogy and its online subsidiary eprimo regularly take the top rankings in customer surveys by independent market research companies. Based on volumes sold and customer numbers, we are currently among the largest electricity and gas retailers in Germany, the Netherlands, the United Kingdom, Czech Republic, Hungary and Slovakia.

We also currently hold leading positions in electricity and/or gas supply in many markets in Central Eastern and South Eastern Europe. The transition in the energy markets also means a change in customer behaviour: more and more households are not only consuming electricity, but are also generating and storing it for themselves. At the same time, they want products that are tailored to their individual needs. That’s why we want to focus more on further developing decentralised and intelligent energy solutions such as our innovative SmartHome product family.

Renewables

With an installed capacity of more than 900 megawatts in offshore wind and with over 1900 megawatts in onshore wind, innogy is one of the major operators in Europe. We plan, build and operate plants to generate power and extract energy from renewable sources.

Our aim is to take the expansion of renewables in Europe further in the short term, both on our own and working with partners. We believe that working together in this way is the key to making the energy transition a success. Currently, we are particularly strongly represented in our home market, Germany, followed by the United Kingdom, Spain, the Netherlands and Poland. At the moment we are focusing on continuing to expand our activities in onshore and offshore wind power. We are also looking at entering new markets and technologies, such as large-scale photovoltaic plants.

Innovations

We are working on future-oriented technologies for the energy world of tomorrow. Our employees are researching and developing innovative products and services in many areas of the company. 

In the innogy Innovation Hub alone, more than 130 in-house and third-party experts are working on the business models of the future. We also cooperate internationally with start-up companies, and for this purpose we have our own innovation teams in place in the start-up scene in Silicon Valley, Tel Aviv, London and Berlin. innogy invests in highly promising new companies around the world, and has initiated a €130 million investment programme for the purpose via innogy corporate ventures GmbH.

innogy offers sustainable and innovative energy solutions.

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