News

RWE wants bigger share in power distribution market

Published

February 22, 2016

Comments

comments icon

0

Share

Published:

February 22, 2016

Comments:

comments icon

0

Share

Austrian Kelag Group, owned by German multinational energy company RWE, signed a letter of intent with electricity distribution Elektro Celje d. d. about a strategic partnership. In the next phase it may enter its trading enterprise Elektro Celje energija (ECE), which controls 23% of Slovenian power market and supplies over 200,000 households. “We are analyzing possible models. Several options are open,” Rade Knežević, Elektro Celje’s departing managing director, told Dnevnik newspaper. Almost 75% of ECE is owned by the company.

RWE has been trying to grow its operations in the electricity distribution market in Slovenia. Through its Croatian subsidiary last year it entered the households segment, and it has been speculated in the media that the German company is preparing to obtain an ownership share in one of state-owned electricity traders, the article said.

Kelag is already present in Slovenia through Interenergo d. o. o., which owns several hydropower plants in the region of former Yugoslavia. The chief executive of the company is Anton Papež, known for close ties with Miro Cerar, prime minister of Slovenia, Dnevnik said. The key lobbyist of Kelag in the country is Benjamin Wakounig, who heads the Slovenian Economic Association (SGZ) in

Related Articles

north macedonia guarantees of origin solar power plant oslomej

Good start for North Macedonia: in first two months 100k+ guarantees issued

15 August 2025 - In April, the National Electricity Market Operator (MEMO) established the Register of Guarantees of Origin for electricity

Heat pump sales in Europe fell dramatically in 2024

Heat pump sales in Europe plunge in 2024

15 August 2025 - The EU wants to reach 60 million heat pumps by 2030, but sales in major European markets fell 22% in 2024

serbia eps profit results 2025

Serbia’s EPS reports EUR 234 million profit for first half of 2025

15 August 2025 - State-owned Elektroprivreda Srbije (EPS) achieved lower profit in the first half of the year than in the same period of 2024

North Macedonia draft law envisages renewable energy auctions for CfDs

North Macedonia’s draft law envisages renewable energy auctions for CfDs

14 August 2025 - North Macedonia's draft Law on the Use of Energy from Renewable Sources covers auctions, CfDs, prosumers and renewable energy communities