To organize load dispatch for RWE's power stations in Germany

RWE Supply & Trading has announced that it is moving into its new corporate headquarters in Essen, Germany. About 800 employees from RWE Supply & Trading, RWE Key Account, Portfolio Management as well as Load Dispatching will move from Huyssenallee to Altenessener Strasse in Essen by the end of March 2009.

The traders and employees from the back office, risk control and structuring who are closely connected to trading activities will operate from the new facility.

Over an area of some 3,000sqm, the company will be able to focus in one place all of its energy trading activities as well as the RWE Group’s gas procurement on the continental European wholesale energy trading markets. International trade in coal, gas and oil as well as power trading in the UK will continue to take place in Swindon and London.

In addition to energy trading and gas procurement, RWE will be using the new location to organize load dispatch for RWE’s power stations in Germany. Customer support for industrial customers as well as portfolio management will also be carried out at the location on Altenessener Strasse.

Peter Terium, CEO of RWE Supply & Trading, said: The era of temporary facilities is over. Our new facilities are the perfect complement to our business activities. Here, we will be able to expand our position as European market leader and utilize the opportunities provided by these markets in the best possible way for both RWE and its customers.