Power Statistics - 2010 Edition - Full Report - Eurelectric

general information 1.3 Comments
Thus the share of taxes and levies on electricity price arose from 25% in 1998 to 40% in 2009 for private
households and from 2% to 21% for industrial customers. Due to the economic crisis and according to
the declining fuel prices, electricity prices for industrial consumers fell as well since the end of 2008,
but prices for private households were still rising, because of the growing subsidization of renewable
energies which are financed via the electricity price and because of the common practice to procure
these deliveries early in the future market, so the price peaks at the wholesale market of the year 2008
are still included in price calculations for private consumers.
The subsidisation of renewable energies due to Renewable Energy Sources Act (Erneuerbare-Energien-
Gesetz (EEG)) led to an increase of the so called EEG-contribution (EEG-Umlage) as part of the retail
electricity price up to 2,047 ct/kWh in 2010. For 2011 an increase to clearly more than 3 ct/kWh, maybe
close to 4 ct/kWh is expected.
Looking at customer switching, results from a customer survey in September 2010 show the following:
21.7% of private households have switched their supplier since 1998, more than 40% have chosen a
better contract with their existing supplier.
Almost every Industrial consumers has at least once chosen a new supplier or negotiated a better
contract with its existing supplier.
Wholesale market
Apart from an active OTC market for electricity sales, the European Energy Exchange (EEX) in Leipzig
gains more and more importance.
The EEX in Leipzig – emerged from the European Energy Exchange in Frankfurt/Main and the Leipzig
Power Exchange – resumed work in July 2002. The main activities cover the spot market, the futures
market and the clearing of OTC dealings.
The index underlying the futures market is the Phelix price index representing the arithmetic means of
the 24 single-hour prices for the respective next day on exchange’s spot market.
In 2008, 1,319 TWh (2007: 1,273 TWh) were traded at the EEX, whereas 154 TWh or around 30% of the
German net electricity consumption account for the spot market and 1,165 TWh are traded in the futures
market. In February 2009, the EEX had 219 member companies from 19 nations, whereas two-thirds are
non-German.
The EEX is a regulated market subject to the German Exchange Act. It is supervised by three different
institutions: the Exchange Council, the Ministry of Economic Affairs of the Free State of Saxony and the
German Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht BAFin).
Today the exchange prices are the benchmark for the whole market including OTC wholesale and
retail business.
In the field of power trading EEX cooperates with the French Powernext SA. EEX holds 50% of the
shares in the joint venture EPEX Spot SE based in Paris which operates short-term trading in power – the
so-called Spot Market – for Germany, France, Austria and Switzerland. German and French power
derivatives trading is concentrated within EEX Power Derivatives GmbH, a majority-owned EEX subsidiary
with headquarters in Leipzig.
SPAIN (es)
GENERAL INFORMATION
Data General Information
In preparing this report, the current economic crisis was taken into account.
In general the Spanish data covers the overall country, that is, both the mainland interconnected system
and the island’s systems.
Data shown in Table 1.3 relates to the number of employees, the annual investments and the turnover
corresponds to the UNESA’s member companies. Investment data includes the investments of electricity
companies on renewable energy sources, but they do not include investments on transmission network.
The capacity balance, Table 4.1, does not refer to the overall country but to the mainland interconnected
system.
Power Statistics – 2010 Edition – Full Report 37