|
Table 1
Renewable Energy Charges
|
Renewable energy source
|
Pfg/kWh
|
Euro cents/kWh
|
US cents/kWh
|
|
Hydro, gas from landfills, mines, sewage
|
15
|
7.67
|
7.07
|
|
Biomass
|
20
|
10.22
|
9.43
|
|
Geothermal energy
|
17.5
|
8.95
|
8.25
|
|
Wind
|
17.8
|
9.10
|
8.40
|
|
Solar
|
99
|
50.61
|
46.69
|
Source: German Renewable Energy Law; exchange rates @beginning Mar 2001
Table 2
Change in industry structure due to mergers and acquisitions
|
Date
|
Target
|
Acquirer
|
Share
|
Market share, external growth
|
Market entry into Germany
|
|
Dec 2000
|
SW Bielefeld
|
Swb AG
|
49.9%
|
X
|
|
|
Nov 2000
|
WEVG Salzgitter
|
Thu:ga, Avacon
|
49.0%
|
X
|
|
|
Nov 2000
|
EMR
|
E.ON
|
25.1%
|
X
|
|
|
Nov 2000
|
Saarbru:cker SW
|
Dt. Tractebel
|
51.0%
|
|
X
|
|
Jul 2000
|
SW Heidenbeim
|
Contigas
|
25.1%
|
X
|
|
|
Jun 2000
|
Stadtwerke Kiel
|
TXU Europe
|
51.0%
|
|
X
|
|
Jun 2000
|
EV Offenbach
|
MVV
|
51.0%
|
X
|
|
|
Jun 2000
|
SW Bremen AG
|
Essent
|
51.0%
|
|
X
|
|
Apr 2000
|
Sta:dt Werke Kassel
|
HEW
|
24.9%
|
X
|
|
|
Mar 2000
|
SW Hildesheim
|
Thu:ga, Ruhrgas
|
49.6%
|
X
|
|
|
Jun 1999
|
SW Rostock
|
VNG, Vasa
|
25.0%
|
X
|
|
Source: Michael Hegel, Senior Vice President, Investment Banking, Sal.
Oppenheim jr. & Cie., Cologne, Germany
|
|