We implemented a good part of the strategy by 2017/2018. We are therefore now looking further ahead. In its first phase, the energy system transformation in Germany was mainly supported by energy policy and regulation. Now a second phase of the energy system transformation is increasingly taking shape. This will take full effect after 2020 and set the direction for the market, customers, and technologies.
Sustainable and innovative infrastructure partner
The further development of the EnBW strategy after 2020 takes up the central trends of the second phase of the energy system transformation. We would like to place the strategic focus of our company increasingly on the infrastructure aspect of existing business areas and also open up new growth opportunities based on the core expertise of EnBW beyond the energy sector. The core expertise of EnBW – what we can do well and better than many others – are the safe and reliable operation and management of critical energy infrastructure. These distinctive competencies can also be transferred to other infrastructure areas where initial topics have already been identified and worked on (e.g. broadband business, urban neighbourhood development, or the expansion of charging infrastructure as the basis for electromobility).
EnBW is transforming itself into a sustainable and innovative infrastructure partner with three focal points:
- The further expansion of low-CO2 generation (i.e. renewable energies), the active shaping of decarbonisation, and the phasing out of nuclear energy will create a sustainable generation infrastructure.
- The main topic of system-critical infrastructure comprises the expansion and operation of transport networks, the upgrading of distribution networks, and network-related services.
- In the key activity Intelligent Infrastructure for customers, we will develop, launch, and scale new digital business models. EnBW concentrates on growth and innovation for the markets of the future. The digital transformation of EnBW is an integral part of the company’s development.
The further development of the EnBW 2020 strategy envisages doubling the installed capacity for wind onshore and wind offshore to more than 3.5 GW, strong expansion in the transport networks, profitable growth in the distribution networks, and further development of sales to a customer infrastructure business. EnBW has set itself the target of increasing the Group’s adjusted EBITDA to at least €3 billion by 2025.