Bern (ots) - At the Annual General Meeting in Berne, shareholders of BKW Inc. (BKW) were presented with solid results for fiscal 2012. The Annual General Meeting approved the 2012 annual and consolidated financial statements and voted in favour of a dividend payment of CHF 1.20 per share (previous year: ...
Bern (ots) - In its ruling of 15 April 2013 the Swiss National Electricity Commission ELCOM adjusted the chargeable costs of transmission networks in favour of the BKW. As a result, BKW can claim an additional CHF 3 million in charges for the use of their transmission network On 6 March 2009 ELCOM issued a ruling on ...
Bern (ots) - The BKW Group recorded a solid operating profit in 2012 despite the challenging economic and regulatory environment. Both the energy and grid businesses contributed to this positive development, which was supported by higher production volumes from nuclear power plants and renewable energies, the good ...
Bern (ots) - By agreement with the Board of Directors of BKW, Ueli Dietiker has decided to step down at the Annual General Meeting on 17 May 2013. His resignation was made in view of his commitment to Swisscom AG. By deciding to step down, Ueli Dietiker eliminates any potential conflict of interests between his BKW mandate and his position at Swisscom. Dietiker has been a member of the BKW Board of Directors since his ...
Bern (ots) - The BKW Group has reported a solid operating profit despite last year's difficult economic and regulatory environment. Consolidated revenue rose by 8.6% to CHF 2,860 million. The operating result (EBITDA) was CHF 273 million higher at CHF 411 million and contains special provisions for ...
Bern (ots) - BKW Inc. welcomes the priorities set by the Federal Council in its 2050 energy strategy. However, the energy strategy focuses unilaterally on measures related to electricity. To ensure future energy security in Switzerland, a comprehensive approach is needed that gives equal consideration to all energy sources. At the end of May 2011 the Federal Council decided on a withdrawal from nuclear power. As a ...
Bern (ots) - BKW Inc. is adjusting its corporate and organisational structure with a view to implementing its new BKW 2030 corporate strategy successfully, so as to capitalise on the business opportunities offered by the 2050 energy strategy. The restructuring reflects a stronger focus on energy efficiency and renewable energies, creates the right conditions for ...
Bern (ots) - BKW Inc. has decided to carry out various maintenance tasks at Mühleberg nuclear power plant. This work necessitates a temporary shutdown which will start on Saturday 19 and provisionally end on Tuesday 22 January 2013. The work will include rectifying a malfunction in the cleaning system for a capacitor in the machine house and the replacement of a seal ...
Bern (ots) - In 2012 BKW Inc's Mühleberg nuclear power plant (KKM) recorded its best result since going into operation, generating a gross annual volume of 3,117 million kilowatt hours (kWh). Since the early 1970s, the KKM has generated a total of more than 108 billion kWh of electricity, which would cover the consumption of a city the size of Berne for more than one ...
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 ...