Gelber Anker mit dickem Tau

Anchor of stability in the northwest

EWE’s roots lie in northwest Germany. The Oldenburg-based supplier has been operating between the Ems and Weser rivers since the 1930s, and the area up to the Elbe was added in 1998.

Modern infrastructure for the region

Due to the low population density across most of the region, the Group has acquired extensive expertise in the supply of energy and telecommunications in rural areas. EWE established Germany’s first natural gas supply in the northwest as early as the 1950s.

The frequently stormy weather conditions meant that the electricity network had to be laid underground, making it one of Europe’s most secure networks. To provide comprehensive fibre-optic expansion in the region, EWE and Telekom Deutschland founded the company Glasfaser Nordwest, which will invest EUR 2 billion in fibre-optic expansion in the northwest over the next ten years.

A model region for the energy revolution

The region’s proximity to the coast and its landscape also allowed the company to carry out pioneering work in wind energy and biomass, and to acquire competencies that are crucial today given the decentralised structures of renewable energy generation. Project enera is a collaborative exploration between EWE and partners into how the energy revolution can work in a model region in the northwest.

Good for the region – EWE’s regional economic effects

As one of Germany’s largest energy suppliers and an important employer, EWE plays a key role in the Ems/Weser/Elbe region. The precise nature of that role has been determined through a study by the Conoscope Institution.

Regionaler Stabilitätsanker
Every euro at EWE generates 60 cents of additional value added in the region

EWE’s business activities create total value added of more than EUR 2.4 billion annually in the Ems/Weser/Elbe region alone. Of this amount, around EUR 1.5 billion was generated directly by EWE in 2019.

Around EUR 950 million was also generated by commissioned companies and by the purchasing power of people employed at those companies and by EWE.

Regionaler Stabilitätsanker
Every job at EWE is interlinked with more than two jobs in the region

In the Ems/Weser/Elbe region, a total of just under 17,500 jobs are attributable to EWE’s business activities. People employed directly by EWE accounted for a total of 5,675 jobs in 2019.

Another 11,697 jobs were generated in the region with suppliers and service providers.

The total employment effect from EWE corresponds to 39 per cent of employees working at the Oldenburg site (2017).

Regionaler Stabilitätsanker
Every euro of income earned at EWE generates 1.1 euros of income

In the Ems/Weser/Elbe region, income of almost EUR 900 million is derived from EWE’s business activities.

People employed directly by EWE generated EUR 430 million in income in this context. Another EUR 466 million in income was generated by companies in the region through interconnected services.

Regionaler Stabilitätsanker
EUR 567 million in taxes and levies remain in the region

In 2019, EWE paid a total of EUR 1,030.5 million in direct taxes and levies. Of this total, EUR 206.9 million remained in Lower Saxony and the region, and EUR 823.6 million flowed to the federal level.

Through economic integration, EWE generated additional taxes and levies from commissioned companies and their employees. Of this total, EUR 218.8 million remained in Lower Saxony and the region.

In addition, interest and dividends paid to EWE’s municipal shareholders in the region amounted to EUR 141.2 million.

Regionaler Stabilitätsanker
Of every euro spent at EWE, 41 cents remain in the region

EWE sources a significant share of its services and primary products from the region. If all of EWE’s expenses and payment flows are included in the analysis, the regional retention rate is 41 per cent.

In 2019, this amounted to EUR 1,227.6 million. This analysis does not take into account energy procurement, as this cannot actually be sourced from the region.

Further reading: Study on the regional economic significance of EWE for download
Regional economic effects of the EWE Group (pdf, 2,4 MB)
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