Axpo Holding

Axpo Holding AG, headquartered in Baden AG is a Swiss energy services group.

Business

The Axpo Group supplies in the Northeast and Central Switzerland, around 3 million people and thousands of industrial and commercial businesses with energy and energy -related services. Owner of Axpo Holding the Northeast Swiss cantons and their Canton works.

The Axpo Group generated consolidated sales of 7.4 billion Swiss francs and a net profit of 282 million francs to Franconia 45 million in the previous financial year 2011/2012. The Group is firmly anchored in Switzerland, but also operates internationally, particularly in the international trade in electricity. Overall, the Axpo Group provided in fiscal year 2011/2012 73'952 billion kilowatt -hours of energy in the form of electricity and gas, of which 21'098 billion kilowatt hours on the coverage area and 50 billion kilowatt hours on third parties and trade. The Axpo Group is represented by subsidiaries in Central, Eastern and Southern European and Scandinavian countries and has there also has its own facilities.

Subsidiaries

Axpo Holding holds notable shares in the following companies:

• Axpo Power AG to 100 %
• Axpo Trading AG, 100%
• Central Swiss power plants (CHC ) to 81 %
• Axpo computer science, to 62.7 %

Shareholders

The Axpo Holding shares are fully in the hands of the northeastern Swiss cantons and cantonal utilities. In detail, these are:

• Canton Zurich with 18.342 %
• Power stations in the canton of Zurich ( CPB ) with 18.410 %
• Canton of Aargau with 13.975 %
• AEW Energie with 14.026 %
• St. Gallo- Appenzellische power plants with 12.501 %
• ECT Holding with 12.251 %
• Canton of Schaffhausen with 7.875%
• Canton of Glarus with 1.747 %
• Canton train with 0.873 %

Investments in Swiss nuclear power plants

The CHC hold 13.57 percent of the shares at the KKL, 5.43 percent, the co-owner of Axpo are owned by AEW energy. This is indirectly 58.1 percent of the nuclear power plant body city owned by the Axpo and Axpo near societies.

Future orientation

Axpo planned up to 2011 possible future energy shortages in Switzerland to oppose the construction of a nuclear power plant. To close the threat, according to the Axpo Holding current gap is the construction of replacement nuclear power plants " inevitable ".

Switzerland's energy policy now states to phase out nuclear power in Switzerland until 2035.

Axpo examined the future course strongly in the direction of new renewable energy and energy procurement abroad because they can build long-term less on domestic nuclear energy in the discharge of their public service mission. The group was re-formed at the beginning of October 2012. The activities of the former Axpo AG and the EGL were summarized in the areas of production and networks as well as trading and distribution. In order to fulfill the public service mission, to be invested in the construction and expansion of production capacities and networks to the year 2030 around 21 billion Swiss francs, or an average per year, about 1 billion Swiss francs.

Axpo wants its annual production target for renewable energy to more than double. Planned are 3.9 TWh wind power to refer from power plants on land and in the sea in Northern Europe. Furthermore, an important role will play hydropower plants. Combined cycle gas plants are an option.

Criticism

Axpo was nominated for the 2011 Public Eye Award, with which corporations are excellent, which behave according to the initiators particular responsibility towards people and the environment. However, the award went to another company. According Nomination text is the Russian Mayak plant, Place where the nuclear fuel, the " verstrahlteste place in the world ". The Neue Zürcher Zeitung wrote: That environmentalists better about the origin of the communication knew as Axpo specialists, acts embarrassed. Axpo wanted to visit the plant, which, however, even the inspectors of the International Atomic Energy Agency will be denied. November 12, 2011 communicated Axpo, " temporarily placed the order " to have to do without fuel from Mayak. While the title is the waiting for the necessary transparency in the foreground, holding the message equivalent in their introduction to this that there is " no evidence of an impermissible burden" would be and it is held, the systems correspond " internationally accepted rules " and " meet the legal requirements ".

Plants in Germany

The high-voltage line Thayngen - Schlattingen Axpo runs through German territory, but does not supply substations in Germany.

Varia

Axpo Holding was until 2012 the main sponsor of the highest Swiss football league, the Axpo Super League.