Key Figures
Our GRI Content Index contains more information about how these figures were calculated.
The E.ON Group added EUR15.8 billion of value in 2007, nearly half of which went to our stakeholders. We recorded a net value added of approximately EUR6.9 billion in 2007, equal to ten percent of our sales. At the E.ON Annual Shareholders Meeting on April 30, 2008, the Board of Management and Supervisory Board will propose that E.ON pay a cash dividend of EUR4.10 per share qualifying for a divided. This would result in a total dividend payout of EUR2.6 billion based on the number of shares outstanding as of December 31, 2007; further share repurchases under our share buyback program could alter the dividend payout. In addition to the dividend, our shareholders benefited from a 42 percent increase in the price of E.ON stock in 2007.
A large percent of E.ON Ruhrgas’ gas supply comes from the North Sea. But as North Sea reserves run short, other sources like Russia and North Africa are becoming increasingly important. Currently around 75 percent of gas received comes from so-called "domestic suppliers". This number is however set to fall.
In 2007, 44,800 kilotons of coal were used by E.ON for power generation. The USA was the most important supplier of the fossil fuel, delivering E.ON with 19,900 kilotons of coal. After the USA, Russia and South Africa were the most important coal procurement markets for E.ON. Russia supplied almost a seventh of the total coal required.
Compared to the previous year, our power plants produced more electricity from renewable resources in 2007. The percentage of the group’s total energy generated using renewables rose from around nine percent to ten percent.
We intend to generate 18 percent of our energy using renewables by the year 2015. By 2030 half of our energy mix should be produced using CO2 free technology, while the other 50 percent should be generated using generation methods which produce low levels of CO2 emissions.
The figures for availability also take into account planned outages, updating of sites and figures not available for market reasons. The low availability of Nordic’s fossil fuel-fired generation units resulted mainly fro planned outages. The total figures underline the high average availability of nuclear energy in E.ON’s generation portfolio.
In 2007, 14 percent of E.ON’s generation capacity came from renewables. In 2006, the figure was around nine percent. We will continue to expand our use of renewable energies. By 2015, the capacity should be 18 percent, and we aim to achieve this by increased investments in offshore wind farms and biogas.
A comparison of different market units shows the connection between respective network structures and different numbers and frequency of interruptions. Exceptional events also play a role here.
In 2007, more fuel was used for power generation than in 2005, however the amount of natural gas used decreased slightly.
The project volume of all the R&D activities planned for 2008 amount to EUR146 million. That represents an increase of 76 percent compared to 2007, and 156 percent against 2006.
The volume of research and development projects as well as small demonstration projects amounted to EUR83 million in 2007.
We succeeded in improving our customer loyalty, despite an environment of rising customer demands. We view it as a further step towards becoming a truly customer-oriented energy utility.
On the European markets, electricity is handled in terms of supply and demand. Market players include electricity producers, wholesale customers, electricity traders, banks and distributers, all of which, like E.ON, can both buy and sell. A glance at the respective rate and price trend shows the European energy markets influence each other in an ebb and flow of supply and demand. That’s why European energy markets are largely heading in the same direction. They reflect the European energy market which is dependent on global factors like weather and the price of energy sources. Compared to the previous year, electricity prices on the markets have grown closer together.
The main reason for high energy prices is the rising cost of political surcharges. The surcharge on the price of electricity in Germany has risen by over 40 percent. This means that in the period 1998 to 2006, the surcharge on the energy price for a family of three nearly doubled from EUR twelve to around EUR22 a month. The costs for generation, transport/network and sales, in contrast, fell by around ten percent.
Monthly power bill for a 3-person household (3,500 kWh/a)
1998: EUR49.95
2006: EUR56.76
Red: Generation, transmission and supply
Orange: Taxes, Renewable Energies Act, CHP Act, power tax, Concession fee, V.A.T.
1998: EUR49.95
2006: EUR56.76
Red: Generation, transmission and supply
Orange: Taxes, Renewable Energies Act, CHP Act, power tax, Concession fee, V.A.T.
