The Danish Competition Council approved a merger in the energy sector subject to remedies including the disposal of CHP plants, the sale by auction of virtual power generating capacity, improvements to the transmission network and improvements in the retail market (Elsam / NESA)

The operation Elsam A/S was a large energy group that owned all the central combined heat and power plants ("CHP plants") in Western Denmark (the areas of Jutland and Funen). The group owned 21 decentral CHP plants and around 500 electricity generating windmills, and was also active in the markets for the production and sale of district heating. Elsam was owned by municipalities and distribution companies. Its annual turnover in 2002 was DKK 5.9 billion (para. 2.1). NESA A/S was an energy company active at all levels of the energy market: the production, sale and transmission of electricity; electrical installation; outdoor lighting; engineering; and advice on usage. Further, NESA held a 36.04% stake in Energi E2 A/S which had a dominant position in the wholesale market for

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Author

  • Kromann Reumert (Copenhagen)

Quotation

Morten Kofmann, The Danish Competition Council approved a merger in the energy sector subject to remedies including the disposal of CHP plants, the sale by auction of virtual power generating capacity, improvements to the transmission network and improvements in the retail market (Elsam / NESA), 24 March 2004, e-Competitions March 2004, Art. N° 24385

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