RWE wants bigger share in power distribution market


February 22, 2016





February 22, 2016




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

Turkey defense developing first fully domestic wind turbines

Turkey’s defense industry developing first fully domestic wind turbines

27 June 2022 - Turkey's main defense contractor Aselsan joined hands with EÜAŞ with the aim to install the first wind turbines fully made in Turkey in 2024

Skrekas Greece triple LNG storage renewable energy capacity

Skrekas: Greece to triple LNG storage, renewable energy capacity

27 June 2022 - Minister of Environment and Energy Kostas Skrekas said the government would mobilize over EUR 44 billion for Greece's energy sector by 2030


Siemens Energy, Air Liquide team up to make large-scale green hydrogen electrolyzers

27 June 2022 - The two companies believe their large-scale green hydrogen electrolyzers could help make renewable hydrogen competitive sooner


SEEPEX becomes Serbia’s nominated electricity market operator (NEMO)

24 June 2022 - SEEPEX's appointment as Serbia's nominated electricity market operator paves the way for market coupling with the neighboring EU countries