Austria: Cartel office stops Switch

Article Abstract:

Switch, the electricity discounter targeting private households which was set up by Energie Allianz to make use of the full liberalisation of Austrian electricity market, will be taken over by Wiener Stadtwerke . Energie Allianz is a joint venture of five regional power companies, led by EVN and including Wiener Stadtwerke. Its subsidiary Energie Allianz Austria GmbH (formerly E&S) will concentrate on selling to large-scale power consumers, as the Austrian cartel authority has not given its approval to the cooperation in the private client segment.

Joint ventures, Wiener Stadtwerke, Energie- Versorgung Niederosterreich AG, Energie Allianz Austria GmbH

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AUSTRIA: ADVERTS OF POWER SUPPLIER SWITCH BANNED

Article Abstract:

The energy group Vorarlberger Kraftwerke AG (VKW) obtained a preliminary injunction against energy supplier Switch, a subsidiary of Energie Allianz. Switch had advertised electricity supplies at a price of Sch 0.58 per kWh, without mentioning the basic subscription charge. Switch regrets the "unfortunate" wording in a letter sent out in May 2001, but emphasises that its current advert lists all additional costs.

Legal issues & crime, Vorarlberger Kraftwerke AG

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Austria: Hydro power joint venture approved

Article Abstract:

On 1 October 2001 RWA Wasserkraft is to start offering electricity to Austrian farmers at low prices. The joint venture of Raiffeisen Ware Austria (RWA) and Verbund has been approved by the European Commission.

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