A RENEWABLE FOCUS
INNOGY
P rocurement is all about the right players , says Ulrich Piepel , choosing a football analogy during World Cup 2018 from his office overlooking Borussia Dortmund ’ s Signal Iduna Park , where he regularly attends matches .
Since drafting in Piepel in 2003 , innogy has transformed procurement into an important strategic function which adds significant value and innovation to the organisation – and together with the right players and partners , the procurement function has been instrumental in transforming innogy into one of the largest providers of renewable energy in Europe .
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A RENEWABLE FOCUS
RWE is a major European energy company dating back over 100 years ; in 2016 amid policy and market changes , RWE decided to split the generation part of its business from the rest of the company , making innogy ( innovative energy ) a separate entity . “ innogy has everything besides conventional power plants ,” explains Piepel , adding RWE itself still owns gas , lignite , coal and nuclear , as well as mining . “ All of the rest of the company – roughly 2 / 3 of the people , volume and revenue – is now innogy .”
This actually makes the subsidiary bigger than RWE , and it owns retail operations across Europe , including the UK , Germany , the Netherlands , Czech Republic , Poland , Hungary , Slovakia and Austria . “ Our renewables business is solar , onshore and offshore wind , as well as some biomass energy production . There ’ s also some new business because the energy market is changing
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AUGUST 2018