Secret Data Indicate Preistreiberei Out By Power Companies
November 11th, 2008 by creditkingsAbout Wucherpreise sue the electricity market and retail industry for a long time. Now there is new evidence of the abuse of market power at the Power Exchange: Secret data show how the big corporations in the prices increase.
Hamburg - sent anonymously from the strictly trade secret data of the power exchange EEX goes Newspaper information indicates that only RWE 2006 for almost 28 percent of the total Nettostromeinkaufes responsible. The unknown author of the e-mail suggested that the group as the price in the amount driven - and then the phone much grßere trading volumes on the artificially raised prices to sell. According to a criminal complaint EEX because of the betrayal of company secrets are sent trade data real.
DPA
electricity pole and RWE power plant: Prices in the amount driven? RWE wanted the data to the Newspaper not comment. Scientists assume that the price of electricity on the EEX due to the market power of corporations by up to 30 percent overpriced. This was due to a report of the Technical University of Dresden on behalf of the Association of Industrialists energy and power industry (VIK) that the electricity prices on the EEX between 2005 and June 2006 were investigated.
The opinion held that power companies power plant services consciously or speisten back to inflated prices. There were significant signs of insufficient competition in the sectors of production and wholesale trade on the German electricity market.
The Schleswig-Holstein Minister for Economic Affairs Dietrich Austermann now calls a "penalty for price driver" to the market power of corporations to break. "Who the electricity from a nuclear power plant depreciated to 17 euros offers," said Austermann, due to the pricing mechanism for the power exchange, "collects 50 euros, half of this profit to the Treasury easily dissipate." A corresponding draft law will of politicians later this year involved in the Bundesrat. With the added revenue in billions Austermann will reduce the electricity tax.
The German electricity market, according to the Federal Cartel Office is dominated by four vendors: E.on, RWE, Vattenfall Europe and EnBW. They had nearly 90 percent of production structures. PHW