Industry Example: The European Market for Gas
|
|
|
- Kathlyn Richard
- 8 years ago
- Views:
Transcription
1 Industry Example: The European Market for Gas Professur für BWL, insb. Internationale Wirtschaft Folie 1
2 Agenda 1. Characteristics of the gas market 2. The National Markets for gas 3. EU Liberalization Policy 4. Some data 5. Summary & Outlook Professur für BWL, insb. Internationale Wirtschaft Folie 2
3 1. Gas market Gas Market Production Exloration, production, processing, gathering, Upstream transportation Long distance transport: Pipelines (onshore/off-shore) LNG Downstream transportation National distance transport Regional transport Distribution Storage Professur für BWL, insb. Internationale Wirtschaft Folie 3
4 1. Particularities of the gas market Substitute to oil pricing accordingly Gas reserves in Europe are limited, dependency on other world regions gas production: oligopoly: Russia, Norway, Algeria, further reserves in politically instable regions Thus: strong bargaining power of producers Long-Distance transmission: High investment for pipelines take or pay contracting for periods lasting years Professur für BWL, insb. Internationale Wirtschaft Folie 4
5 1. Differences: electricity vs. gas Gas is a heterogeneous good as opposed to the homogenous good electricity Gas can be stored EU can only influence downstream sector Strong dependency on gas producers! Professur für BWL, insb. Internationale Wirtschaft Folie 5
6 1. Impact on Regulation Impact on competition and regulation: Competition is possible if trading companies have access to transport networks Transport networks as bottlenecks that need to be regulated but in the case of long-distance transmission networks debated as often alternative networks exist (case of Germany) construction of additional pipelines might be economically viable (WINGAS) Professur für BWL, insb. Internationale Wirtschaft Folie 6
7 Agenda 1. Characteristics of the gas market 2. The National Markets for gas 3. EU Liberalization Policy 4. Some data 5. Summary & Outlook Professur für BWL, insb. Internationale Wirtschaft Folie 7
8 2. Initial situation: national gas markets Different national structures: High degree of concentration in France (Gaz de France), also Italy and Belgium Germany: several hundred companies Horizontal and vertical interweavement through long-term contracts (demarcation contracts) UK: highly liberalized 1972 privatisation of national gas corporation since 80s third party access to the networks, reorganized in 1994: unbundling, opening for end consumers 1996: over 60 companies, high customer switching Professur für BWL, insb. Internationale Wirtschaft Folie 8
9 Agenda 1. Characteristics of the gas market 2. The National Markets for gas 3. EU Liberalization Policy 4. Some data 5. Summary & Outlook Professur für BWL, insb. Internationale Wirtschaft Folie 9
10 3. Liberalization efforts Objectives of EU Energy policy Create an internal market in the energy field Reinforce security of supply and the competitiveness of the European economy.. and respect environmental protection Professur für BWL, insb. Internationale Wirtschaft Folie 10
11 3. Liberalization efforts The beginnings: Directive on price trans-parency (90/377/EEC) Transparency of prices First EU Directive: Natural Gas Directive (98/30/EEC) Unbundling Access to the network (negotiated vs. regulator access) Gradual market opening Second EU Directive: Natural Gas Directive (2003/55/EEC) Acceleration directive Key European legislation to establish the Internal Market Professur für BWL, insb. Internationale Wirtschaft Folie 11
12 Agenda 1. Characteristics of the gas market 2. The National Markets for gas 3. EU Liberalization Policy 4. Some data 5. Summary & Outlook Professur für BWL, insb. Internationale Wirtschaft Folie 12
13 4. Market Opening Basic Data (2005) Professur für BWL, insb. Internationale Wirtschaft Folie 13 Source: EC, Report 2005
14 4. Economic Aspects of Liberalizing the European Electricity Market Total market share of the biggest three producers (electricity) Source: EC (2005) Report on Progress in Creating the internal gas and electricity market Professur für BWL, insb. Internationale Wirtschaft Folie 14
15 4. Key Players -Presence of largest companies in selected individual member states Source: EC, Report 2005 Professur für BWL, insb. Internationale Wirtschaft Folie 15
16 4. Customer response Source: EC (2005) Report on Progress in Creating the internal gas and electricity market Professur für BWL, insb. Internationale Wirtschaft Folie 16
17 4. Price Development - Gas (Industrial consumers) Average gas prices for industrial consumers in /GJ EU (15 Länder) Belgien Dänemark Deutschland Spanien Frankreich Luxemburg Niederlande Österreich Portugal Finnland Schweden UK Source: Eurostat Professur für BWL, insb. Internationale Wirtschaft Folie 17
18 Agenda 1. Characteristics of the gas market 2. The National Markets for gas 3. EU Liberalization Policy 4. Some data 5. Summary & Outlook Professur für BWL, insb. Internationale Wirtschaft Folie 18
19 5. Summary Re-regulation of transportation networks Implementation is slow Insufficient infrastructure for cross border exchange Long term contracts setting fixed prices prevail transmission to distributors, then to end-consumer Pricing varies strongly across Europe and also within countries Who benefits from reregulation of transmission field? Producers vs. consumers Over-regulation of transmission networks? Professur für BWL, insb. Internationale Wirtschaft Folie 19
20 5. Trends and developments Production level firms integrate forward: GAZPROM: stake in Wintershall Beginning of the 1990s: Wintershall entry on the German market (BASF and GAZPROM as shareholder) subsidiary WINGAS own high-pressure pipelines (transmission) supplying distributors and directly the final consumer (buying permissions to use distribution networks if no demarcation contracts in existence) April 2006: GAZPROM wants to take over CENTRICA (U.K.) GAZPROM increases its stake in WINGAS to 49% GAZPROM in negotiations with E.ON Ruhrgas, RWE concerning transmission and distribution & building of gas power plant Professur für BWL, insb. Internationale Wirtschaft Folie 20
21 5. Trends and developments Backward Integration: E.ON Ruhrgas 6.5% stake in GAZPROM Negotiations with GAZPROM to participate in gas field in return for a stake of GAZPROM in operations in Eastern Europe BASF RWE 24% share in Siberian natural gas field, via Wintershall: additional 10% fields development company Negotiations for joint projects in gas production, pipelines GAZPROM & Wintershall & E.ON Ruhrgas Pipeline in the baltic sea, from 2010 onwards Professur für BWL, insb. Internationale Wirtschaft Folie 21
Industry Example: The European Market for Electricity
Industry Example: The European Market for Electricity Professur für BWL, insb. Internationale Wirtschaft Folie 1 Agenda 1. Some theory 2. The National Markets for Electricity 3. EU Liberalization Policy
Primary Gas Buyers Move Upstream - Impact on the Gas Trade
Primary Gas Buyers Move Upstream - Impact on the Gas Trade Nicolas Brizard Consultant, Global Insight European Fuel Price Conference 8 th & 9 th December 2004 Le Meridien Hotel Piccadilly, London Gas Competitor
European Strategies on Gas Supply Security
European Strategies on Gas Supply Security Koji Fujishima * Summary European countries employ different strategies on gas supply security depending on the time scale: while their short-term strategies
RUSSIA AND GERMANY: A SOLID REGIONAL ENERGY PARTNERSHIP. A case study prepared for the International Gas Union's Gas Market Integration Task Force.
RUSSIA AND GERMANY: A SOLID REGIONAL ENERGY PARTNERSHIP A case study prepared for the International Gas Union's Gas Market Integration Task Force. 1 Russia and Germany: A Solid Regional Energy Partnership
The Gas Market - Overview
The Gas Market - Overview Dr. Burckhard Bergmann, CEO of Ruhrgas AG and Member of the E.ON Board of Management March 11, 2004 1. Gas Market 2. Ruhrgas Business Model 3. Strategy 2 New Market-Unit (MU)-Structure
The Strategy of Players on the European Gas Market
The Strategy of Players on the European Gas Market a look at One result of opening up the European gas market to competition has been to increase the number and diversity of the players involved, whether
Regulatory Issues for Gas and Electricity. Dr. Burckhard Bergmann Member of the E.ON Board of Management and CEO of Ruhrgas AG
Regulatory Issues for Gas and Electricity Dr. Burckhard Bergmann Member of the E.ON Board of Management and CEO of Ruhrgas AG Relevance of Regulation to E.ON's Business Areas Electricity Markets Generation
The E.ON View on a N-DK Connection
Energinet.dk Seminar on Norwegian-Danish Gas Connection on 13. September 2010 in Copenhagen Dr. Christoph Merkel, Vice President Sales Northern Europe E.ON Ruhrgas AG Pan-European Gas Market Unit ( PEG)/
How To Understand The History Of Organic Farming In Europe
Organic Agriculture in Europe What does the future bring? The organic market in Europe Status quo, perspectives and challenges Organic Market in Europe Contents Current situation Perspectives until 2005
Scotland, Europe and its Energy Policy
1 Scotland, Europe and its Energy Policy Discussion Paper for Europa Institute Seminar, University of Edinburgh, Wednesday 1 st October 2008 Professor Peter Cameron 1 Introduction Europe s Changing Energy
Competition in Mobile Communications and the Allocation of Scarce Resources: The Case of UMTS. Jörn Kruse
EU DG Competition Economic Advisory Group Telecommunications Competition in Mobile Communications and the Allocation of Scarce Resources: The Case of UMTS Jörn Kruse 1 Prof. Dr. Jörn Kruse, Universität
South Stream Project
South Stream Project Roberto Gregori Assistant to the Program Manager South Stream Eni Gas & Power Division UNECE Energy Week Investing in Energy Security 16th Session Committee on Sustainable Energy and
REGIONAL COOPERATION FOR GAS SUPPLY A new, value creating, cross-border business Initiative. Budapest, December 5, 2007
REGIONAL COOPERATION FOR GAS SUPPLY A new, value creating, cross-border business Initiative Budapest, December 5, 2007 Central Eastern Europe and South Eastern Europe face considerable energy supply challenges
Power Generation Market Concentration in Europe 1996-2004. An Empirical Analysis.
2005-012-en Power Generation Market Concentration in Europe 1996-2004. An Empirical Analysis. Berlin, September 2005 Dr. Felix Chr. Matthes Sabine Poetzsch Katherina Grashoff Öko-Institut e.v. Berlin Office
FINNGULF LNG LNG IMPORT TO FINLAND
FINNGULF LNG LNG IMPORT TO FINLAND CLEANLY WITH NATURAL ENERGY GASES Gasum is a Finnish expert in natural energy gases. We import natural gas to Finland, and transmit and supply it for energy production,
Electricity and natural gas price statistics 1
Electricity and natural gas price statistics 1 Source: Statistics Explained (http://epp.eurostat.ec.europa.eu/statistics_explained/) - 21/11/2011-09:11:44 Electricity and natural gas price statistics Data
Case No COMP/M.7228 - CENTRICA/ BORD GAIS ENERGY
EN Case No COMP/M.7228 - CENTRICA/ BORD GAIS ENERGY Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 13/06/2014 In electronic
EU gas hub development and a comparison with US Henry Hub
EU gas hub development and a comparison with US Henry Hub Dennis Hesseling, Head of Gas Department EU US Energy Regulatory Round table Madrid, April 26 2016 Objectives Objectives for today.highlight diversity
1. Introduction MERGER CONTROL
A combination of gas release programmes and ownership unbundling as remedy to a problematic energy merger: E.ON / MOL Csilla BARTOK, Sophie MOONEN, Pierre LAHBABI and Alessandro PAOLICCHI, unit B-3, and
NATURAL GAS DEMAND AND SUPPLY Long Term Outlook to 2030
1. Background On different occasions, Eurogas is asked to present its views on the future of the European gas industry. The forecasts are mainly needed for conferences and bilateral discussions with European
Slovakia. Key issues. 1. General overview
Slovakia Key issues Slovakia should enhance the independence of national regulatory authority and ensure its accountability. Slovakia should promote a regulatory framework conducive to investment in and
Renewable Energy Certificate systems in Europe (the path to international trade)
Renewable Energy Certificate systems in Europe (the path to international trade) Marcel Galjee Board member RECS International Athens, March 31 st 2004 Outline of the presentation About RECS RECS International
Competition in EU Electricity Markets The Role of Antitrust Policy
Presentation at SNF-SESSA Conference, Bergen, March 4th, 2005. Competition in EU Electricity Markets The Role of Antitrust Policy Miguel de la Mano Member of the Chief Economist Team, DG Competition (*)
In electronic form on the EUR-Lex website under document number 32011M6389
EN Case No COMP/M.6389 - ENI / NUON BELGIUM / NUON WIND BELGIUM / NUON POWER GENERATION Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION
Price developments on the EU retail markets for electricity and gas 1998 2011
Price developments on the EU retail markets for electricity and gas 1998 2011 The Market Observatory for Energy has analysed price developments on the retail markets for electricity and natural gas (domestic
Poland must fully transpose the Third Energy Package Directives without further delay to liberalise the electricity and gas markets.
Poland Key Issues + With regard to electricity, coal is still the main source of fuel for power generation. Poland's generating capacity is ageing, and the country needs better incentives for investment
Lessons and Insights from
Lessons and Insights from Germany Workshop Strategies to Acchieve Pro-Poor Growth in Brazil, China, India and Europe Dr. Rita Nikolai, Junior Research Group Education and Transitions into the Labour Market
GDF SUEZ. Introduction. Jean-François Cirelli
GDF SUEZ Introduction Jean-François Cirelli Content 1. Focus on gas market dynamics 2. Focus on electricity market dynamics 3. Focus on P&L resilience and sensitivities 4. Focus on synergies and performance
Germany. Key issues. 1. General overview
Germany Key issues High volumes of renewables have changed the way the electricity market in Germany operates. In 2012 direct marketing increased, in particular in onshore wind, due to a change of the
Energy security in the EU through an Energy Union
Energy security in the EU through an Energy Union Fabio Genoese Madrid, 19 January 2015 Thinking ahead for Europe Centre for European Policy Studies (CEPS) www.ceps.eu Key messages 1. Reduce the fragmentation
Storage Development and Security of Gas Supply: U.S. Perspective. GIE Annual Conference, Groningen, May 7, 2009
Storage Development and Security of Gas Supply: U.S. Perspective GIE Annual Conference, Groningen, May 7, 2009 Role of Storage & Value Perception Strategic and Operational Role ROLE Pipeline Balancing
THE EU GAS SUPPLY ENVIRONMENT. An Obstacle to Competition? Dick de Jong, CIEP February 2007
THE EU GAS SUPPLY ENVIRONMENT An Obstacle to Competition? Dick de Jong, CIEP February 2007 Today s Market:Some Observations High gas prices should attract new supplies. Sellers market does not help competition
The energy industry and energy price issues in Slovakia during recent years 1
The energy industry and energy price issues in Slovakia during recent years 1 Ing. Mikulá Cár, PhD. National Bank of Slovakia The energy industry and energy prices are becoming a subject of political decisions
UNECE Energy Week Geneva. in Energy Security
UNECE Energy Week Geneva Investing in Energy Security Committee on Sustainable Energy and related Meetings Wednesday 28 November 2007 Special Session: Investing in and Financing the Hydrocarbon Sector
OVERVIEW OF GAS SUPPLY TO EUROPE. Andrew Potter World Bioenergy Association
OVERVIEW OF GAS SUPPLY TO EUROPE Andrew Potter World Bioenergy Association EU Gas Consumption 1965-2007 In 2011 natural gas covered 24% of the primary energy supply in EU 27. The total primary energy demand
G & P Business Trends. Luciano Sgubini Chief Operating Officer Gas & Power Division
G & P Business Trends Luciano Sgubini Chief Operating Officer Gas & Power Division January 2003 Gas & Power Strategy Italy Abroad! Generating profit in a competitive and regulated gas & power market! Building
Greece s Role as the Emerging Energy Hub of South- Eastern Europe: DESFA s Role and Perspectives
Greece s Role as the Emerging Energy Hub of South- Eastern Europe: DESFA s Role and Perspectives By: Konstantinos E. Maroulis General Manager Director of Gas Transmission, Administration & Finance Hellenic
A GLANCE AT THE EUROPEAN ENERGY MARKET LIBERALIZATION
A GLANCE AT THE EUROPEAN ENERGY MARKET LIBERALIZATION Delia Vasilica Rotaru * Abstract: This paper offers a presentation on the liberalization process on the energy markets that started two decades ago
THE GROWING GLOBAL MARKET OF LNG
THE GROWING GLOBAL MARKET OF LNG ISSUES & CHALLENGES Dr Naji Abi-Aad April 2013 The Growing Global Market of LNG Outline Characteristics of Liquefied Natural Gas (LNG) & its Trade Increasing Volumes of
The impact of Ukraine-Russia crisis on the European gas market. www.sundenergy.com
The impact of Ukraine-Russia crisis on the European gas market Sergiu Maznic Vienna, 11 March 2015 Full-picture perspective Sund Energy helps navigate into the energy future Energy Economics Environment
Baltic Pipe Polish diversification project
Baltic Pipe Polish diversification project Oil & Gas Department Based on materials from PGNiG S.A. Brussels, February 2008 Risk of Dependency Dependency on one supplier only, creates a high risk in every
The gas exporters geopolitical and economic power: Do we really need an european external policy?
The gas exporters geopolitical and economic power: Do we really need an european external policy? Dominique FINON WEC workshop «Energy vulnerabilities in Europe», Paris,November 30th 2013 Content Which
Industry-focused management consulting in the changing world of energy. Richard Pinnock Energy Business Group Director
Industry-focused management consulting in the changing world of energy Richard Pinnock Energy Business Group Director 1 Presentation topics Energy Industry Ongoing structural changes in Europe Energy business
Price setting in the electricity markets within the EU single market
PricesettingintheelectricitymarketswithintheEUsingle market AreportbyEASACtotheCommitteeonIndustry,ResearchandEnergyoftheEuropean Parliament February2006 Forfurtherinformation: FionaSteiger EASACSecretariat
TURKISH GAS NETWORK & PIPELINES RECENT DEVELOPMENTS
TURKISH GAS NETWORK & PIPELINES RECENT DEVELOPMENTS Öztürk SELVITOP Head of Department 4 th GAS FORUM 10-11 11 September 2009 Ljubljana - SLOVENIA Strategies in the Energy Sector Major Aspects Exploration
Access to gas transportation
Access to gas transportation Sergio Ascari Gas Advisor, Florence School of Regulation WAGPA Natural Gas Workshop Cotonou, February 14-16, 2012 Contents The gas market model Transportation Tariffs Network
European natural gas: market forces will bring about competition in any case
Energy Policy 27 (1999) 17 24 European natural gas: market forces will bring about competition in any case Marian Radetzki Professor of Economics, University of Luleas, Sweden, President of SNS Energy,
Horses for Courses? Cross-Country Comparison of European Gas Market Liberalisation Francesca Conte and Lawrence Irlam June 2005
Horses for Courses? Cross-Country Comparison of European Gas Market Liberalisation Francesca Conte and Lawrence Irlam June 2005 Master MEDEA 2004-2005 Scuola Superiore Enrico Mattei Milano, Italia TABLE
The Energy Market in Cyprus: Natural Gas Changing the Picture
The Energy Market in Cyprus: Natural Gas Changing the Picture NATURAL GAS PUBLIC COMPANY (DEFA) CYPRUS NEEDS an environmentally friendly Energy System which will ensure Security of Supply and will provide
Shale gas: Opportunities and challenges for European energy markets
Shale gas: Opportunities and challenges for European energy markets Jeroen de Joode Arjan Plomp Özge Özdemir Brussels February 25, 2013 www.ecn.nl Outline Introduction What could be the impact of potential
Chapter 2. Information about Nord Stream ENG
Chapter 2 Information about Nord Stream Table of contents Page 2 Information about Nord Stream 21 2.1 Information about the applicant / ownership 21 2.1.1 Applicant and operator 21 2.1.2 Shareholders
Investment in LNG terminal on the Croatian island of KrK is of strategic importance to regional energy security.
Croatia Key Issues Competition in Croatia s energy market is still very limited. Market opening is needed to improve the investment climate and create incentives for new entrants. Croatia should step up
Carbon Capture and Storage Legal Perspective of CCS in Europe and Germany. Dr. Mathias Hellriegel LL.M. Berlin, Juni 2010
Carbon Capture and Storage Legal Perspective of CCS in Europe and Germany Dr. Mathias Hellriegel LL.M. Berlin, Juni 2010 Agenda Why is there a need for a CCS Act? Until when do we have to implement a CCS
EDISON S POSITION ON THE CESR/ERGEG CONSULTATION ON MARKET ABUSE INTO ELECTRICITY AND GAS SECTOR
EDISON S POSITION ON THE CESR/ERGEG CONSULTATION ON MARKET ABUSE INTO ELECTRICITY AND GAS SECTOR Edison is today the second largest electricity company in Italy and the third player for natural gas in
Minimum Wage Protection Current German and European Debates
Årskonferanse i Fafo Østforum Fire år etter EU-utvidelsen: Status og framtidsperspektiver Oslo, 3 June 2008 Minimum Wage Protection Current German and European Debates Thorsten Schulten Wirtschafts- und
LNG terminal project in Lithuania November, 2012
LNG terminal project in Lithuania November, 2012 Areas of activities Klaipedos nafta Oil transshipment terminal LNG Terminal Klaipėdos Nafta 2 LNG Terminal Project - Background The necessity to have an
WP1 Task 1 The Drivers of Electricity Demand and Supply
PROJECT NO 518294 SES6 CASES COST ASSESSMENT OF SUSTAINABLE ENERGY SYSTEMS Observatoire Méditerranéen de l Energie WP1 Task 1 The Drivers of Electricity Demand and Supply Version April 2007 1. Drivers
1. EXECUTIVE SUMMARY AND KEY RECOMMENDATIONS
1. EXECUTIVE SUMMARY AND KEY RECOMMENDATIONS EXECUTIVE SUMMARY Energy policy in Greece has the potential to make a significant contribution to the country s economic recovery. Increasing competition and
Downstream natural gas in Europe high hopes dashed for upstream oil and gas companies
Downstream natural gas in Europe high hopes dashed for upstream oil and gas companies Per Ove Eikeland Research Fellow The Fridtjof Nansen Institute P.O. Box 326 N 1324 Lysaker Norway e-mail: per-ove.eikeland@fni.no
NO. 151 July 2014 FACTS & FINDINGS. European Energy Supply Security in Light of the Ukraine Crisis. Christian Hübner
FACTS & FINDINGS European Energy Supply Security in Light of the Ukraine Crisis OVERVIEW Christian Hübner The Ukraine crisis is intensifying the long-standing debate about the security of Europe s energy
How To Predict The Long Term Demand And Supply Of Natural Gas In Europe
17 th INTERNATIONAL CONFERENCE & EXHIBITION ON 17 th INTERNATIONAL CONFERENCE & EXHIBITION LIQUEFIED NATURAL GAS (LNG 17) ON LIQUEFIED NATURAL GAS (LNG 17) Competition pipeline gas vs LNG in Europe
The Five Decisive Years Summary of results
Assessing the position and environment of major European Utility companies The Five Decisive Years Summary of results April 2013 Wolfgang Haag, Valeska Kleiderman, Johannes to Baben Europe s utilities
The Market for Organic Products in Europe
The Market for Organic Products in Europe Focus: Animal Production Dr. Toralf Richter, Archiviert unter: http://orgprints.org/00002616/ Organic Market Europe Table of Contents Table of Contents General
Preparing for Changes in Market Design
Preparing for Changes in Market Design EMART Conference Didier Lebout, Strategy and Development Director Gazprom Marketing and Trading France Amsterdam, 21 November 2012 In this presentation GM&T Ltd:
Lithuania. Key issues. 1. General overview
Lithuania Key issues Lithuania remains highly dependent on electricity imports, particularly from the Russian Federation. Interconnectors with Sweden and Poland have to be completed so as to decrease the
How To Understand Factoring
EIF Project "Jeremie" General Report on Factoring 1 Market analysis on Factoring in EU 25+2 prepared by International Factors Group (IFG) for European Investment Fund (EIF) project JEREMIE Preliminary
Russia s gas sector and gas export developments. Marc-Antoine Eyl-Mazzega June 2015
Russia s gas sector and gas export developments Marc-Antoine Eyl-Mazzega June 215 IEA: 29 Members, worldwide engagement IEA member countries Accession country Key Partner countries Countries co-operating
Case No COMP/M.2565 - PPC / WIND / JV. REGULATION (EEC) No 4064/89 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 28/11/2001
EN Case No COMP/M.2565 - PPC / WIND / JV Only the English text is available and authentic. REGULATION (EEC) No 4064/89 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 28/11/2001 Also available in
Capital Market Day. Munich, September 6, 2004
Capital Market Day Munich, September 6, 2004 E.ON Energie: Our Business Model Johannes Teyssen, CEO E.ON Energie AG and Member of the Board of E.ON AG for Downstream Agenda Our vision and mission and what
Trends in electricity prices and their relation to the competitiveness and efficiency in EU countries
International Conference on Renewable Energies and Power Quality (ICREPQ 15) La Coruña (Spain), 25 th to 27 th March, 2015 exçxãtuäx XÇxÜzç tçw céãxü dâtä àç ]ÉâÜÇtÄ(RE&PQJ) ISSN 2172-038 X, No. 13, April
Innovative Technology Solutions for Sustainability ABENGOA. Industrial Production Market Outlook. Analyst & Investor Day. Javier Salgado Javier Molina
Innovative Technology Solutions for Sustainability ABENGOA Industrial Production Market Outlook Javier Salgado Javier Molina Analyst & Investor Day May 2012 Agenda 1 Bioenergy Market Outlook & Growth Strategy
SECURITY OF NATURAL GAS SUPPLY IN CENTRAL EUROPE Case Study: Slovakia
SECURITY OF NATURAL GAS SUPPLY IN CENTRAL EUROPE Case Study: Slovakia Author: Jan Klepac, Executive Director, Slovak Gas and Oil Association Introduction The discussion about EU energy security has changed
E.ON Debt Investor Update Call. Cleaner & better energy. Dr. Marcus Schenck, CFO September 3, 2012
E.ON Debt Investor Update Call Cleaner & better energy Dr. Marcus Schenck, CFO September 3, 2012 Agenda Operating update Financial update 1 Cleaner & better energy Europe Investment Performance Outside
Case No COMP/M.7478 - AVIVA/ FRIENDS LIFE/ TENET. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 13/03/2015
EN Case No COMP/M.7478 - AVIVA/ FRIENDS LIFE/ TENET Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 13/03/2015 In electronic
Carbon Market Data publishes the EU ETS Company Rankings 2014
PRESS RELEASE Carbon Market Data publishes the EU ETS Company Rankings 2014 London, 18 June 2015 - Carbon Market Data, a European providing carbon market research and data supply services, published the
International Comparisons data sources and methodologies
International Comparisons data sources and methodologies 1. Introduction Comparisons of energy prices in the UK with prices in other countries are an important part of the department s work. They are used
E.ON Trading in CEE - Motivation, Experience and Outlook
E.ON Trading in CEE - Motivation, Experience and Outlook CEE Energy Exchange Workshop Budapest, 19th May 2006 Oliver Podehl, E.ON Energiakereskedő Kft Power Trading Activities of E.ON in Continental Europe
Press Conference Background: GAS EXPORTS AND ENHANCING RELIABILITY OF GAS SUPPLY TO EUROPE. June 24, 2009 GAS EXPORTS
Press Conference Background: GAS EXPORTS AND ENHANCING RELIABILITY OF GAS SUPPLY TO EUROPE June 24, 2009 GAS EXPORTS As estimated by CEDIGAZ, the International Association for Natural Gas, in 2008 global
Orgnisation of the health care system in Germany. Virus Hepatitis Prevention Board Berlin, 13. October 2003. Johannes Hallauer, HU Berlin
Orgnisation of the health care system in Germany Virus Hepatitis Prevention Board Berlin, 13. October 2003 Johannes Hallauer, HU Berlin German tree of life Age stratification in 5-year age groups Age 90
Overview on DHC pricing and regulations in Europe-
Overview on DHC pricing and regulations in Europe- Challenges and need of development Birgitta Resvik, Corporate Relations Sweden, Vice President, Fortum Our geographical presence today Nr 3 Nr 1 Nr 1
Oil & Gas Conference - Cheuvreux October 14 th, 2011
LNG terminal Montoir, France Oil & Gas Conference - Cheuvreux October 14 th, 2011 Jean - Marie DAUGER Executive Vice-President, in charge of the Global Gas & LNG Business line DISCLAIMER Forward-Looking
Paatz Scholz van der Laan GmbH Unternehmensberatung
Young Energy Professionals Value in the European Gas Market Rotterdam, 20 th May 2016 Agenda 1. Introduction 2. The German Gas Market - Characteristics 3. The German Gas Market - Margins & Value 4. Market
IfG.CC The Potsdam egovernment Competence Center "Public Service Numbers in the European Union"
IfG.CC The Potsdam egovernment Competence Center "Public Service Numbers in the European Union" October 2010 Agenda Frame of reference Findings from EU Member States Overall assessment Consideration of
How To Read The Unitholders Of The Kukon Island Power Station
E.ON s UK Consolidated Segmental Report for the year ended 31 December 2012 Introduction In accordance with the Electricity Generation Licence Condition 16 - Financial Information Reporting, and the Electricity
Panel: How broadband policy can contribute to deploy secured and universal broadband access. Presentation:
Panel: How broadband policy can contribute to deploy secured and universal broadband access Presentation: Initiatives to deploy broadband access in Europe Erik BOHLIN Chalmers University of Technology,
7 th TYNDP WS. The role of storage in a liberalized market. Georg Dorfleutner RAG Energy Storage GmbH www.rag-energy-storage.
7 th TYNDP WS The role of storage in a liberalized market Georg Dorfleutner RAG Energy Storage GmbH www.rag-energy-storage.at Unbundled SSO since 1.1.2013 Operating a storage-pool in Austria - CEGH TOV:
Towards a Single Market for Occupational Pensions Without Tax Obstacles
Towards a Single Market for Occupational Pensions Without Tax Obstacles May 25 9:00 AM 9:45 AM Peter Schonewille, European Commission, DG TAXUD/E/3 Competence Centre for Pension Research, University of
4 3 Divisional update
4 3 Divisional update Industry Denis Gasquet Water Jean-Michel Herrewyn Environmental Services Jérôme Le Conte Energy Services Franck Lacroix Transport Jérôme Gallot 99 Veolia Energy: key figures 900 urban/
Economic and Market Outlook. EU Automobile Industry
Economic and Market Outlook EU Automobile Industry March 2015 Report 1 of 4 2015 CONTENTS EU ECONOMIC FORECASTS... 2 PASSENGER CARS... 4 REGISTRATIONS... 4 WORLD... 4 THE EUROPEAN UNION... 6 PRODUCTION...
Ukraine s Gas Market Reform: Green Light to Investments in Natural Gas Transmission, Production and Energy Efficiency
Ukraine s Gas Market Reform: Green Light to Investments in Natural Gas Transmission, Production and Energy Efficiency Andriy Kobolyev, CEO, Naftogaz of Ukraine July 2015 www.naftogaz-europe.com www.naftogaz.com
Security of Gas Supply
Security of Gas Supply Four Political Challenges under the Spotlight Kirsten Westphal Introduction Stiftung Wissenschaft und Politik German Institute for International and Security Affairs 50 SWP 1962
Privatisation, corruption, oligopoly
Privatisation, corruption, oligopoly By David Hall, Public Services International Research Unit, University of Greenwich www.psiru.org d.j.hall@gre.ac.uk PSIRU s work Monitoring multinationals and privatisation
Insolvencies in Europe
Insolvencies in Europe 2010/11 A survey by the Creditreform Economic Research Unit CONTENTS PAGE 1 Introduction 1 2 Insolvencies in Western Europe in 2010 2 2.1 Corporate insolvencies 2 2.2 Private insolvencies
Definition of Public Interest Entities (PIEs) in Europe
Definition of Public Interest Entities (PIEs) in Europe FEE Survey October 2014 This document has been prepared by FEE to the best of its knowledge and ability to ensure that it is accurate and complete.
IFIEC Europe Brussels, 30 April 2008
INTERNATIONAL FEDERATION OF INDUSTRIAL ENERGY CONSUMERS IFIEC Europe Brussels, 30 April 2008 Draft Guidelines on Article 22 A contribution from IFIEC Europe Introduction Directive 2003/55/EG concerning
Energy sector integration in Europe
Energy sector integration in Europe The role of leading upstream oil & gas companies (Summary version) Per Ove Eikeland, Henrik Hasselknippe, and Ingvild Andreassen Sæverud FNI Report 20/2004 ISSN: 0801-2431
Foreign Policy in Dialogue
Foreign Policy in Dialogue Volume 8 - Issue 20 Dealing with Dependency The European Union's Quest for a Common Energy Foreign Policy http://www.deutsche-aussenpolitik.de a project sponsored by Foreign
Creation and Transfer of Price Risk in European Energy Markets
Creation and Transfer of Price Risk in European Energy Markets Alessandro Mauro Director of Risk Management Energy Risk Summit Central & Eastern Europe Prague, 9 th -10 th of November, 2009 9, rue du Conseil
International Natural Gas Tariff Comparison for Residential and Industrial Customers December 2011
International Natural Gas Tariff Comparison for Residential and Industrial Customers December 2011 Index International Comparison December 2011 Graph 1: Residential Tariff Graph 2: Industrial Tariff (SMEs
Coffee Break German. Lesson 03. Study Notes. Coffee Break German: Lesson 03 - Notes page 1 of 15
Coffee Break German Lesson 03 Study Notes Coffee Break German: Lesson 03 - Notes page 1 of 15 LESSON NOTES ICH KOMME AUS DEUTSCHLAND. UND SIE? In this lesson of Coffee Break German we will learn to talk