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Company type | Aktiengesellschaft |
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ISIN | CH0130293662 |
Industry | Electrical power |
Founded | 1898 |
Headquarters | Bern, Switzerland |
Key people |
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Products | Production and distribution of electrical power |
Revenue | 5.20 billion CHF (2022) |
1.04 billion CHF (2022) | |
712.9 million CHF (2022) | |
Number of employees | 11,500 (2022) |
Website | www |
BKW Energie AG (BKW; formerly known as Bernische Kraftwerke AG) is a power production and distribution utility with its headquarters in Bern, Switzerland. It also provides gas and heat through a number of subsidiaries or partner companies. It mainly operates in the canton of Bern, but is also present in Italy, Germany and Austria.
BKW was founded in 1898 as Aktiengesellschaft Elektrizitätswerk Hagneck. The name was changed to Bernische Kraftwerke AG in 1909. In 1995, it changed to its present name. BKW FMB Energie AG, to emphasize the internationalization of the company's business plan.
It has been quoted on the BX Swiss since 1969.[ citation needed ] As from 2003, it is also present at the Swiss Stock Exchange. [1] The largest shareholder is the canton of Bern, with 52.54%. [2] The Swiss energy provider Groupe E SA holds a further 10% of BKW. [2] Although the German power company E.ON Energie AG once also had a large stake (20.99% share as of 2007), in 2010 it began selling off its share of BKW. [3] By 2014 E.ON had only 6.7 of BKW and took steps to sell its remaining stake via exchangeable bonds, completing its divestiture by October of that year. [4]
Since 2013 the board chair of BKW Group has been Roger Baillod. [5] The CEO is Robert Itschner, who took over from Suzanne Thoma in late 2022. [5] [6] Head of finances is Martin Zwyssig. [5]
In its annual report for 2022, BKW reported revenue of CHF 5.199 billion, an increase of 46% over 2021, and record-high earnings before interest and taxes (EBIT) of CHF 1.038 billion (+163% over 2021). Net profit increased 191% to CHF 712.9 million. [7] : 26–27 The total employee count grew by some 800 new workers to 11,500. [7] : 4
With a yearly energy sale of 24.2 TW⋅h the BKW is one of the biggest Swiss power utilities. Of this, 9.7 TW⋅h is produced by own plants or by shares in other facilities. As of 2007 the mix is mainly composed of nuclear (61.87%) and hydroelectric (37.96%) power. The remainder is produced by renewable sources like solar, wind, or biomass. Due to the necessity to diversify the mix and satisfy the increasing demand, BKW is introducing some fossil fuel power through shares in abroad plants. [8]
In 2008 a new 800 MW combined cycle gas power plant started operation in Livorno Ferraris (province of Vercelli, Italy). BKW possesses a 25% share.
BKW produces up to 52% of its power through owned or shared hydroelectric plants in Switzerland and Italy. [9]
The owned plants are located mainly in Bern canton: [10]
Some of the group companies also produce hydroelectric power. The BKW portions of the installed production are:
The rest is generated through holdings. The production portions of the BKW are:
Around 60% of the energy produced comes from nuclear plants. BKW owns the Mühleberg Nuclear Power Plant and three shares in other Swiss or French facilities:
BKW possesses or shares an increasing number of solar plants of various size. The most important are:
BKW produces wind power at two plants:
In the 2020s, the Mühleberg Nuclear Power Plant will probably cease its activity and the contracts for importing nuclear energy from France will expire. BKW and Axpo founded Resun AG to prevent the consequent energy lack. Its purpose is to manage the administrative procedure for building two new nuclear plants up to 1600 MW each.
BKW provides around one million people in 400 municipalities in Bern Canton and surroundings with power, through its local and distribution networks of up to 132 kV. It also owns 665 km of 220 kV and 56 km of 380 kV lines, although their operation is entrusted to the national transmission company Swissgrid AG. [20]
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Grande Dixence S.A. is a Société Anonyme operating in Switzerland which runs the Bieudron Hydro Project and the Grande Dixence Dam in the Val d'Hérens, Valais. Grande Dixence is primarily concerned with the production of hydroelectricity by harnessing the hydropower associated with the steep changes of elevation found in the part of the Alps.
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Kraftwerke Oberhasli AG (KWO) is a Swiss energy supply company, based in Innertkirchen (BE) and operating several hydroelectric plants in the Oberhasli area of the Canton of Berne. It also operates a number of tourist attractions in the same area, mostly with some relationship to its energy supply business. It uses the brands Grimselstrom and Grimselwelt, the latter specifically for its tourism ventures. Both brands are named after the Grimsel Pass that forms the upper end of its operating area.
Primeo Energie or EBM(Cooperative Elektra Birseck, Münchenstein) is a Swiss energy supplier with head office in Münchenstein. It was founded as a cooperative under private law in 1897. EBM supplies around 230,000 people with electricity in North-West Switzerland and Alsace. The company operates 167 local heat supply systems in Switzerland, Alsace and South Germany.
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Listing Date 28.05.2003