RWE Supply & Trading (Shanghai) Co., Ltd. is a wholly-owned subsidiary of RWE Supply & Trading Asia-Pacific Pte. Ltd. and an indirectly wholly-owned subsidiary of RWE Supply & Trading GmbH (“RWEST”), a leading energy trading company in Europe with a global presence and one of the key companies within the European energy sector. RWEST is a wholly-owned subsidiary of the Fortune 500 company RWE AG (“RWE”).
RWEST is a leading European energy trading house and an active player on the global wholesale markets for energy and energy-related raw materials in both their physical and/or derivative forms. This includes power, fuels, freight, , weather derivatives, biomass, emissions certificates and renewable energies. RWEST is responsible for the economic optimisation of power generation and the entire non-regulated gas business of RWE, including all procurement, storage and LNG-related activities. Large industrial companies and trading partners are offered long-term delivery concepts by RWEST next to trading-based portfolio and risk management solutions.
After having a Representative Office in Beijing since 2016, RWEST incorporated RWE Supply & Trading (Shanghai) Co., Ltd. (“RWEST Shanghai”) as a wholly foreign-owned enterprise in 2018 to further expand into the Chinese domestic market. RWEST Shanghai also closely monitors developments in markets like electricity, natural gas and emissions. While not being active in these markets yet RWEST Shanghai offers to share our knowledge about hedging, trading and asset optimisation in a market-based environment with our Chinese business partners.