Repower (Swiss company)
Repower AG ( until May 2010 Raetia Energie AG ) is an international energy company with operational headquarters in Poschiavo (Canton Graubünden, Switzerland ). You can look back on a hundred years of company history. Its key markets include Switzerland, Italy, Germany and Romania. The group is active along the entire value chain, from production to trade and distribution. The shares of Repower AG are listed on the Swiss Stock Exchange SIX Swiss Exchange.
Repower Group employs approximately 760 people. There are also around 450 power seller in Italy and 30 learners in Switzerland.
- 9.1 Switzerland
- 9.2 Italy
- 9.3 Germany
- 9.4 Romania
Company History
For over 100 years Repower is one of Switzerland to the largest power company. Founded in 1904 under the name of power plants Brusio AG, the company took in the same year the construction of its first power plant in Campocologno in Poschiavo in attack, at that time the largest high-pressure water power plant in Europe. The proximity to the Italian border contributed to the international orientation of projects and corporate activities. In 2000, the power plants merged Brusio AG ( Poschiavo), the AG met Grisons power plants ( monastery ) and the Rhaetian plants generating electricity AG ( Thusis ) to the group Raetia Energie AG to the 2004 aurax ag ( Ilanz ). In 2002 the group began with the exercise of their activities in Italy, in 2007 made the entry into the German market and the establishment of trade activities in Prague. Since 2009, the company is also active in Romania.
2010 Raetia Energie AG was renamed Repower AG.
Shareholders
Shareholders of the company are:
- Canton of Grisons 58.3 %
- Axpo Holding AG 33.7 %
- Free float 8 % participation certificates
Financial ratios
Repower keeps its accounts in Swiss francs. The 2012 results were published on April 3, 2013.
Management
The Executive Board shall be composed of the following members:
- Kurt Bobst, CEO ( Chief Executive Officer of Repower Group )
- Felix Vontobel, Production Manager / Deputy CEO
- Stefan Kessler, Head of Finance / CFO
- Giovanni Jochum, head of trade and new markets
- Alfred Janka, Head of Market CH and Services
- Fabio Bocchiola, Director Repower Italy
Locations
In Switzerland, the Group has locations in Bever, Klosters, Kublis, Ilanz, country Quart, Poschiavo and Zurich. In Italy it is present in Milan, in Germany in Dortmund, in Central and Eastern Europe in Prague, Bucharest and Sarajevo.
Production
Repower has its own power plants in Switzerland, Italy and Germany. Different technologies are used (water, thermal, wind). The self-production was in 2012 a total of about 1.9 terawatt hours. The company also holds interests in nuclear power plants in Switzerland and in France.
Thermal power plants
Repower holds 61 percent of the SET SpA (Milan), the gas -fired combined cycle power plant Teverola ( Caserta, Italy) operates. This 400 MW plant is the largest power plant in the group, began operation in late 2006 on.
Nuclear energy
Repower is involved in nuclear power plants in Switzerland and in France. The investments correspond to an installed capacity of nearly 50 MW.
Renewable Energy
Hydropower plants
In Graubünden ( Switzerland ), the group operates 17 own hydroelectric power plants. She also has at additional systems via shareholdings and stock options. The total installed capacity of hydropower is 477.2 MW.
A part of the hydroelectric power plants produced "nature made star" certified green. The quality characters "nature made star" is awarded by the Association for Environmentally Sound Energy ( VUE ).
Wind power plants
In Italy, the Group operates in Corleto Perticara (9.3 MW) and in Lucera ( 26 MW ) each have a wind farm is participating in another wind farm in Giunchetto in Sicily (share Repower 11.6 MW). In Germany, the company owns two wind farms in Prettin (10 MW ) and Lübbenau (16 MW).
Current Projects
The Group has in production currently several major projects in execution or in the planning stage:
- Pumpspeicherwerk Lagobianco (1000 MW ): Between the Lago Bianco and Lago di Poschiavo the construction of a pumped storage power plant is planned. Repower developed this major project together with environmental organizations. Currently the project goes through the approval process. The subsequent construction period is approximately six to seven years.
- Coal power plant Saline Joniche (2 x 660 MW): In Saline Joniche (Calabria, Italy ) is planning to Repower subsidiary SEI SpA the construction of a coal-fired power plant on a disused industrial site. This project is implemented despite the opposition of the population of Calabria, what Repower was nominated for the Public Eye Award 2013.
- Gas and steam power plant Leverkusen (approx. 430 MW ): On the CHEMPARK Leverkusen ( Germany ) will establish a gas and steam power plant. Commissioning is scheduled for 2014. On the basis of combined heat and power a fuel efficiency of about 80 percent is intended. As operator of CHEMPARK Currenta GmbH & Co. OHG refer steam from the power plant, thus providing companies at the site.
- KW Chlus (about 61 MW ): Between Kublis and Trimmis (Graubünden, Switzerland ) is planned the construction of a hydroelectric power plant. Currently, the concession project and the environmental impact report to be prepared. The construction period is approximately four years.
- The Lucera 2 project provides for the creation of more wind turbines as a supplement to Lucera wind farm before 1 (26 MW). The project is currently undergoing environmental impact assessment in the region of Puglia (IT).
Trade
Around two-thirds of energy turnover generates the group in power trading, in 2012, these were about 9 TWh.
Repower is on the major European energy exchanges over a trading floor with retail locations in Poschiavo ( Switzerland ), Milan (Italy ) and Prague ( Czech Republic) represented. The group sees itself as an asset-based trader and trades electricity, gas and CO2 emission allowances. The Department of Commerce Renewable energy markets beyond electricity from renewable energy sources available to wholesale customers and resellers throughout Europe. The partly self-produced, mostly acquired from third parties energy is usually supplied at the highest voltage level at physical stores to the wholesale customers. In transactions with certificates, the group also operates disjoint larger end users with ecological value. The group supplies at wholesale standard products such as base, peak or offpeak, and timetables.
The following additional qualities can be delivered as an ingredient for products in the respective balance:
- " TÜV SÜD generation EE " is the certification of the production of electricity from renewable energy sources ( CMS Standard 83), and the production can be attributed to a clearly identifiable source.
- The " power ok " label provides additional environmental benefits. In the so-called dealer model, the provider agrees to supply each 33 percent of investments that are younger than six or twelve years.
- The label " GSL " generated an additional environmental benefit in that part of the client money in new plants producing renewable energy to be invested.
Transmission
Repower made with the construction of 2005 went into operation in late 2012 and subrogated to the national grid operator, Swiss Grid international Bernina line ( 380 kV kV/220 ) a significant contribution to the development of cross- border capacity between southern and northern Europe. Repower is involved in Swiss Grid.
In October 2009, the company was also able to inaugurate along with Edison and the municipality of Tirano, the first AC " merchant line " of Europe, on the Repower and the partners involved ten years have exclusive rights. The line runs between Tirano (Italy) and Campocologno ( Switzerland ) entirely underground. Thanks to the 150 kV " merchant line " the cross- border transmission capacity can be increased to 150 MW, which contributes to the security of energy supply in Italy and Switzerland.
Sales and distribution
Switzerland
Repower is the leading Stromversorgerin in southeast Switzerland, where approximately 86,000 customers supplied directly or indirectly through resellers with power and distribution maintains.
Italy
Repower has an office in Milan. Since 2002 she has been engaged in sales and specializes in the supply of SME customers in Italy. It serves small and medium-sized companies as well as public institutions with electricity and gas. It has in this segment with a market share of approximately seven percent. In 2012, sat Repower in Italy around 4.3 terawatt hours of electricity and 171 million cubic meters of gas from.
Germany
In Germany since 2007 Repower sells electric energy and renewable energy credits to SME customers and communities. In addition, Repower is active in Germany in the gas business.
Romania
2009 Repower AG started its activities in Romania. In June 2010, she earned Elcomex EN, a distribution company, the small and medium enterprises have power. This Repower has been renowned for the Romanian distribution market. In July 2011 Elcomex EN was renamed Repower Furnizare România.