5 ms·
Not sure what you're talking about, practically every major EU energy org is a corporation (traded on an exchange or even an Ltd-like private company), only som
by AlmostAnyone 4y ago
Not sure what you're talking about, practically every major EU energy org is a corporation (traded on an exchange or even an Ltd-like private company), only sometimes there's a bit of it owned by a state... Can you give some examples of major energy organizations that are wholly-owned by a state (or at least majority-owned) or actual organizational units of a state?
- Gwypaas 4y agoVattenfall. https://en.wikipedia.org/wiki/Vattenfall https://en.wikipedia.org/wiki/Vattenfall Fortum, 50.x% owned by the finish state. https://en.wikipedia.org/wiki/Fortum https://en.wikipedia.org/wiki/Fortum Equinor, 67% Norwegian government. https://en.wikipedia.org/wiki/Equinor https://en.wikipedia.org/wiki/Equinor Ørsted, 50.x%. Danish state. https://en.wikipedia.org/wiki/%C3%98rsted_(company) https://en.wikipedia.org/wiki/%C3%98rsted_(company) EDF, 87% French state. https://en.wikipedia.org/wiki/%C3%89lectricit%C3%A9_de_France https://en.wikipedia.org/wiki/%C3%89lectricit%C3%A9_de_Franc...
- AlmostAnyone 4y agoGood examples. But what about the rest of the continent? And while these companies are the largest on their home markets, they're not the only ones there, are they? And they operate on foreign markets where they are a corporation like any other. For this we should consider only the home-based operation where they can have influence on the state policy, IMHO. And what about EU rules against unfair competition? They basically force these companies to behave like any other market participant and forbid the state from giving them much/any help. This had real consequences in Poland and Czechia where the states wanted to help nuclear projects (in case of Czechia it was CEZ - the partially state-owned energy company) but the EU stopped it.