Bern (ots) - BKW is undertaking additional investigations to safeguard the longterm operation of the Mühleberg nuclear power plant (KKM). This is necessary since the initial indicative tenders show that the original estimated costs of 170 million CHF will be exceeded. An assessment of economic viability and a ...
Bern (ots) - BKW Inc. has approved the agreement governing the transfer of the trans-mission grid to swissgrid. BKW will therefore transfer ownership of its transmission grid to swissgrid on 3 January 2013. Back in 2009 BKW, along with other transmission grid owners, began working with swissgrid, the national grid company, on preparations for this transaction as prescribed by law. The contractual and operational ...
Bern (ots) - On 23 November 2012 BKW Inc. placed for the first time two registered notes with terms of 15 and 20 years and for nominal amounts of EUR 40 million and EUR 85 million, respectively. The registered notes are debentures under German law and were placed in Germany. The successful raising of credit on the German capital market secures the currency- and country-matched funding of BKW's investments in Germany and ...
Bern (ots) - Since it was first commissioned in early November 1972, Mühleberg nuclear power plant (KKM), owned by BKW AG, has produced more than 108 billion kilowatt hours (kWh) of electricity reliably and cost-effectively. This corresponds to almost twice the volume of electricity consumed annually by the whole of Switzerland. Successful operation coupled with the ...
Bern (ots) - Samuel Leupold, member of the Executive Board and Head of the Energy International and Trading division, is leaving BKW mid-February next year, to take up a position as member of the executive board of Danish energy company Dong Energy, where he will be responsible for the off-shore wind division. Samuel Leupold joined BKW on August 1, 2006, as Head of Production. Since April 1, 2008, he has been a member of ...
Bern (ots) - BKW is lodging an appeal with the Federal Administrative Court against the decision issued by the Federal Electricity Commission (ElCom) at the end of September 2012 concerning the value of the transmission grid. The appeal concerns an objection to the method defined by ElCom for determining the value ...
Bern (ots) - Swiss Federal Railways (SBB) and Apple have reached an agreement on the use of SBB's station clock on certain devices such as iPads and iPhones. This arrangement has been mutually agreed by both parties in a licence agreement. For the use of the clockface on certain Apple devices such as iPads and iPhones, the parties have negotiated an arrangement that enables Apple to use the SBB station clock under a ...
Bern (ots) - The Board of Directors of BKW Inc. has appointed Dr. Suzanne Thoma as the new CEO of BKW Inc. Effective 1 January 2013, she will take over as Chief Executive Officer of BKW from Kurt Rohrbach, who was elected as full-time second Vice Chairman at the Annual General Meeting on 11 May 2012. Suzanne Thoma has been Head of the Networks Division and a member of the Group Executive Board since 1 August 2010. She ...
Bern (ots) - Despite a challenging economic and regulatory environment, the BKW Group recorded a better result for the first half of 2012 than in the prior-year period. Consolidated operating revenue rose from CHF 1,346.4 million in the prior-year period to CHF 1,368.1 million, corresponding to an increase of 1.6%. Operating profit before depreciation, amortisation and ...
Bern (ots) - Following the annual revision, BKW FMB Energy Ltd. (BKW) has restarted Mühleberg (KKM) nuclear power plant. The 2012 annual revision lasted from 5 August to 2 September 2012. During the revision, fuel elements were replaced, repeat tests and maintenance work were carried out, and renovations made to the plant. This year, 32 of the 240 fuel elements were ...
Bern (ots) - BKW Inc. has completed its ultrasonic tests on the reactor pressure vessel at Mühleberg nuclear power plant (KKM). No anomalies were detected. The safety of the plant is assured. Towards the middle of August, suspected manufacturing faults in the base material of the pressure vessel of Reactor 3 at Belgium's Doel nuclear power plant were reported. This ...
Bern (ots) - In keeping with its policy of safety first and based on the information currently available on the Doel 3 nuclear power plant in Belgium, BKW Inc. has decided to conduct ultrasonic tests on the reactor vessel at Mühleberg nuclear power plant (KKM). The test conditions have been defined by the Federal Nuclear Safety Inspectorate (ENSI). The work will be performed as part of the current revision. Towards the ...
Bern (ots) - On 9 August 2012, BKW Inc. submitted to the Federal Department of the Environment, Transport, Energy and Communications (DETEC) an application for extension and a comprehensive maintenance concept for the long-term operation of Mühleberg nuclear power plant. This complies with a requirement stipulated ...
Bern (ots) - BKW AG has shut down Mühleberg nuclear power plant (KKM) on August 5, 2012, as scheduled, for refuelling and annual revision work. The work is due to take roughly four weeks. BKW is carrying out a range of important renewal and maintenance work with a view to long-term operation of the plant. During the operating period from the end of September 2011 to early August 2012, KKM fed a gross volume of 2,935 ...
Bern (ots) - BKW AG (BKW) acknowledges the Swiss Federal Court ruling that the reduction in chargeable costs demanded by the Swiss Federal Electricity Commission (ElCom) is only partly admissible. The Swiss Federal Court ruling provides greater legal certainty. On 6 March 2009 ElCom made a decision on 2009 transmission grid costs and tariffs. This decision reduced the ...
Bern (ots) - In its recently published "2030" strategy, the BKW Group (BKW) once again confirmed its sustainability targets. These can be summed up as corporate agility and responsible interaction with the environment, the economy and the community. Despite difficult operating conditions, BKW is able to record ...
Bern (ots) - BKW Inc. has decided not to make any general adjustment in its electricity prices effective from 1 October 2012, despite difficult boundary conditions such as regulatory intervention and rising costs. Minor individual increases may be introduced within the different customer segments due to energy pricing adjustments in the ratio between high and low ...
Bern (ots) - The Federal Electricity Commission (ElCom) has reviewed BKW's costs and energy tariffs for 2009 and 2010. In ElCom's opinion the energy costs for basic energy provision tariffs are reasonable. As part of this review, ElCom approved higher energy costs than BKW had set for its basic provision customers. Overall, therefore, the 2009 and 2010 energy tariffs were justified. In keeping with its pricing policy and ...
Bern (ots) - The question of the time limit imposed on Mühleberg nuclear power plant (KKM) owned and operated by BKW AG, as pending before the Federal Supreme Court, remains open. In its capacity as a lower court, the Federal Administrative Court had lifted the time limit applicable until the end of 2012 and had ...
Bern (ots) - Groupe E has this morning submitted an application to the municipal au-thorities for approval to construct a power plant at Cornaux (NE). With an output of 420 MW, the planned facility should produce between 2 and 2.5 terawatts of electricity a year, together with between 50 and 100 MW of heat. The site is located in an industrial zone near the gas-fired ...
Bern (ots) - At the Annual General Meeting of BKW Inc. (BKW) in Berne, shareholders were presented with a 2011 financial year impacted by special charges and a difficult market environment. The Annual General Meeting approved the 2011 annual and ...
Bern (ots) - BKW Inc. today signed an agreement to acquire a wind farm in Castellaneta (Apulia, Italy) with a total capacity of 56 MW. The acquisition will expand BKW's position as a leading Swiss operator of wind farms in Switzerland and abroad. To date, BKW has invested close to CHF 1 billion in wind power: with an installed capacity of close to 400 MW, BKW generates ...
Bern (ots) - As the holding company, BKW Inc. constitutes the BKW Group's window to access the capital markets and, in this capacity, takes over this function from BKW FMB Energy Ltd. In this context the BKW Board of Directors of BKW has decided to transfer the BKW FMB Energy Ltd. bonds to BKW Inc. Going forward the BKW Group will henceforth be primarily financed via BKW Inc. Effective 30 April 2012, BKW Inc. will take ...
Bern (ots) - In December 2011 the public exchange offer of BKW Inc. for registered shares in BKW FMB Energy Ltd. in free float was successfully completed with 99.31% of the shares having been tendered. Following the exchange offer, BKW Inc. launched the squeeze-out for the 365,189 untendered shares in BKW FMB Energy Ltd. In its decision dated 21 March 2012, the Canton ...
Bern (ots) - The BKW Group is planning for the future. The Board of Directors has approved the BKW 2030 corporate strategy, the key planks of which are energy efficiency and renewable energy. By investing in smart grids, BKW intends to exploit the ...
Bern (ots) - In the challenging economic and regulatory environment of fiscal 2011, the BKW Group generated lower operating profit. At CHF 2,632.8 million, consolidated operating revenue was 5.6% below the prior-year figure. Low market prices coupled ...
Bern (ots) - The Federal Administrative Court (FAC) requires BKW to draw up a maintenance concept for Mühleberg nuclear power plant (KKM). BKW has already started work on such a concept. However, the FAC ruling also raises fundamental questions which ...
Bern (ots) - The Federal Administrative Court has lifted the existing time limit on the operating permit for Mühleberg nuclear power plant (KKM) and simultaneously ruled on a new time limit up to 28 June 2013. The Federal Administrative Court has also decreed that a comprehensive maintenance concept for the long-term operation of the KKM be submitted to the Federal ...
Bern (ots) - In a challenging economic and regulatory environment, the BKW Group recorded total consolidated operating revenue of CHF 2,633 million for the 2011 financial year: 5.6% lower than in 2010. Electricity sales dropped by 7.9% to 20,721 ...
Bern (ots) - With the consultation procedure with social partners now concluded, the BKW Group has finalised decisions on the personnel and organisational measures to be implemented as part of the cost reduction programme announced in December 2011. The workforce will reduced in phases by around 255 jobs and across all divisions and subsidiaries, wherever possible ...