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

Montenegro NECP public consultation sole coal plant shutdown 2041

Montenegro publishes NECP for public consultation – sole coal plant planned for shutdown in 2041

30 June 2025 - The retirement of the Pljevlja coal plant is planned for 2041, but it depends on a just transition and supply security, the draft NECP reads

hydrogen natural gas pipeline

Serbia plans hydrogen transport through gas pipelines

30 June 2025 - Gas transmission system operator Transportgas has invited bids for producing a study on hydrogen transport through the gas network

LONGi ignites Romania energy transition 54 1 MW BC

LONGi ignites Romania’s energy transition with 54.1 MW BC technology triumph

30 June 2025 - A PV plant in Romania's northwest is on schedule for a grid connection in the fourth quarter. It features LONGi Solar's BC modules.

Delyan Iliev, Managing Director of REIB

Energy storage in focus: How custom insurance solutions are fueling Southeast Europe’s green transition

27 June 2025 - Delyan Iliev, Managing Director of Renewable Energy Insurance Broker (REIB), talks about the critical role of custom-made insurance solutions in the success of BESS projects.