BKW FMB Energy Ltd · Bern Switzerland ·(Swiss: BKWN)
Company Description
View BKW FMB Energy Ltd Locations On A US Map
This link will open in a new window
This link will open in a new window BKW FMB Energy has been lighting up the lives of the Swiss for more than a century. BKW produces, transmits, and distributes energy to1 million homes and more than 323,000 business customers in Switzerland and neighboring countries. The company also trades in energy. BKW operates about 13 hydroelectric plants and one nuclear power plant; it has stakes in another 15 hydroelectric plants, three nuclear power plants, and two plants that generate electricity from wind and solar sources. The government of the canton of Bern owns more than half of BKW's stock; a unit of Germany's
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key BKW FMB Energy Ltd Financials
| Company Type | Public - Swiss: BKWN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $3,211.1 |
| Employees | 1,830 |
BKW FMB Energy Ltd Executives
24 executives listed for BKW FMB Energy Ltd's Bern, location.
| Title | Name & Bio | Contact |
| Chairman | Fritz Kilchenmann | Network |
| Vice Chairman | Antoinette Hunziker-Ebneter | Network |
| President and Head of Corporate Steering | Kurt Rohrbach | Network |
Competition
Competitive Landscape for BKW FMB Energy Ltd
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top BKW FMB Energy Ltd Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!