commiss decis juli german applic transit regim articl direct ec european parliament council common rule intern market electr notifi document number german text authent ec commiss european commun regard treati establish european commun regard direct ec european parliament council decemb common rule intern market electr hereinaft quot direct quot articl thereof inform member state german applic fact procedur letter juli german bundesministerium für wirtschaft ministri econom affair ask commiss comment issu introduct german quot gesetz zur neuregelung de energiewirtschaftsrecht quot energi act protect claus lignit base electr product letter septemb commiss repli protect claus includ refus system access derog access term articl direct base articl direct appli accord procedur set articl direct transit regim letter februari german ministri econom affair appli transit regim accord articl direct relat provis articl länder quot gesetz zur neuregelung de energiewirtschaftsrecht quot publish bundesgesetzblatt april enter forc dai juli commiss repres undertook fact find mission bundesministerium für wirtschaft bonn ministri confirm regard applic februari final protect claus lignit contain applic transit regim govern envisag support aid scheme commiss request addit inform develop lignit sector länder contractu situat parti concern basi commit accord articl direct letter septemb ministri submit addit inform addition agreement bundesministerium für wirtschaft direct contact commiss compani primarili concern vereinigt energiewerk ag veag veag set posit letter commiss date januari februari meet veag commiss place brussel fax march veag submit report commiss charter account evalu lignit protect claus structur develop electr sector länder electr transmiss länder carri veag veag largest electr produc länder account approxim total electr product veag produc electr gener basi lignit electr distribut organis region distribut compani veag sharehold share addit municip local electr distribut compani gener facil structur electr network länder consist level part germani veag high voltag grid region distribut compani medium voltag grid municip distribut compani low voltag medium voltag grid period german econom monetari union juli polit reunif octob quot stromvertrag quot power suppli contract conclud august german democrat republ treuhandanstalt govern trust privatis east german properti establish act june side bayernwerk ag preussenelektra ag rwe energi ag contract set structur electr sector länder reunif sale east german power plant transmiss line veag joint ventur compani found decemb treuhandanstalt veag own largest west german electr compani rwe energi ag preussenelektra ag bayernwerk ag remain held german transmiss system oper hold compani ebh gmbh integr part purchas agreement treuhandanstalt veag precis main subsequ sharehold commit maintain lignit base electr gener invest larg amount modernis exist plant bring line higher environment standard commit veag confirm parallel contract conclud august consortium bayernwerk ag preussenelektra ag rwe energi ag sharehold veag region electr compani contract subsequ confirm seri year bilater contract veag region electr compani contract requir region distributor purchas electr consumpt electr sold year veag price base full cost distributor pass result higher cost final custom develop lignit mine sector veag produc twh electr lignit account approxim total twh electr produc länder remain gener municip gener autoproduct gener independ power produc ipp lignit output million tonn veag purchas million electr product reunif east german lignit mine produc million tonn output capac gradual reduc current level lignit mine länder carri major compani mibrag mitteldeutsch braunkohl privatis sold anglo american consortium powergen nrj energi morrison knudsen laubag lausitz braunkohl sold german consortium own rheinbraun ag rwe preussenelektra ag bayernwerk ag laubag veag link common sharehold employe work lignit mine sector electr product sector employ declin dramat current level lignit mine sector electr product veag addit employe depend indirectli lignit mine electr product total employe depend lignit sector veag invest dm million modernis lignit power plant dm million invest lignit mine veag total invest plan amount dm million run fact find meet juli german ministri econom affair drew conclus figur decreas lignit electr product call question futur lignit mine kei consider german energi polici protect lignit long term secur suppli german energi polici weigh increas depend import natur ga disadvantag exist indigen fuel lignit open german electr market competit implement direct ec german quot gesetz zur neuregelung de energiewirtschaftsrecht quot enter forc april implement direct ec opt contract base parti access system parallel singl buyer option distributor act open market elig threshold final consum distributor de jure elig custom liberalis system introduc german act elig custom länder final consum distributor contract suppli veag system order deal situat result consum transfer demand compet supplier make increasingli difficult imposs veag sell lignit base electr articl act transit regim transit regim notifi german govern notif februari complementari inform septemb defin transit regim basi transit regim veag invest programm construct modernis lignit base power plant financi volum dm million termin programm part veag commit contract august german democrat republ treuhandanstalt hand bayernwerk ag preussenelektra ag rwe energi ag veag programm light year commit term contract august consortium bayernwerk ag preussenelektra ag rwe energi ag veag region electr compani relat seri bilater contract veag region electr compani propos transit regim possibl refus network access elig custom requir defin articl quot gesetz zur neuregelung de energiewirtschaftsrecht quot fulfil quot assess refus permit access system suppli custom berlin brandenburg mecklenburg western pomerania saxoni saxoni anhalt thuringia electr pursuant articl impermiss repres abus discrimin unfair impedi defin section paragraph section paragraph act restraint competit attent suffici high level power gener lignit länder feder ministri econom affair report german bundestag impact provis power gener lignit electr price trend länder list paragraph arrang extend decemb basi report transit provis expir decemb quot principl client länder remaind germani elig signific number client choos purchas supplier distributor ti purchas oblig veag lose sale purchas electr veag circumst veag lose market share make difficult turn maintain lignit purchas result electr gener occur veag word law distributor decid refus network access elig custom requir custom de facto purchas expens lignit base electr suppli veag refus potenti subject control bundeskartellamt decid refus reason order meet maintain lignit product ii legal analysi legal basi articl direct ec german notif februari explicitli appli transit regim pursuant articl direct declar german govern consid regim laid articl german act cover articl direct ec origin memorandum draft act march govern justifi provis ground articl direct dispatch prioriti indigen fuel sourc cover consumpt approach offici applic februari transit regim accord articl direct articl direct appli scheme notifi articl direct state quot member state reason secur suppli direct prioriti dispatch gener instal indigen primari energi fuel sourc extent exceed calendar year primari energi produc electr consum member state concern quot electr lignit länder repres electr product germani repres approxim electr product länder high percentag spread germani pure dispatch oblig accord articl direct local protect potenti refus access custom wish make possibl purchas network access essenti requir direct defin chapter vii provis prioriti treatment articl circumst justifi refus applic network access transmiss articl explicitli limit make provis maximum purchas plant indigen fuel articl articl special provis context gener merit order principl laid articl present mechan potenti refus access network bilater purchas contact elig client produc fall scope provis requir articl articl direct ec requir element examin commiss light ec treati applic transit regim requir natur commit guarante oper question exist commit guarante oper proven commit guarante oper februari causal link entri forc direct inabl honour commit establish requir measur propos order achiev object question measur transit regim fall scope derog chapter iv vi vii direct transit regim limit durat link expiri commit guarante oper question transit regim appli restrict measur achiev object legitim decid issu commiss account thing size system concern level interconnect system structur electr industri member state question assess german transit regim requir natur commit guarante oper question inform contain decis legal contractu situat time german reunif base descript relev contract provid german ministri econom affair letter septemb set contract mention contract august german democrat republ treuhandanstalt hand bayernwerk ag preussenelektra ag rwe energi ag ii contract august consortium bayernwerk ag preussenelektra ag rwe energi ag veag region electr compani seri subsequ bilater contract veag region electr compani central commit mean articl invest commit bayernwerk ag preussenelektra ag rwe energi ag repres veag base stromvertrag august veag product transmiss facil part contract packag commit dm million invest programm modernis lignit sector invest commit base long term guarante minimum deliveri electr amortis invest end central stromvertrag complement year power purchas agreement downstream distributor veag undertook invest commit basi guarante year electr purchas agreement ultim base guarante monopoli suppli captiv consum situat prior liberalis german electr market april german govern consid invest commit honour liberalis system protect claus relat potenti refus access concern lignit sourc electr expens electr sourc due heavi invest oblig veag aris modernis requir correct veag unabl make improv effici compet market price purchas distributor link veag purchas oblig decreas elig custom sourc lead fall sale veag circumst correct regard veag commit guarante oper enter prior entri forc direct fulfil commit endang entri forc thereof commiss consid commit guarante mean articl direct exist commit guarante oper prior entri forc direct causal connect inabl fulfil commit entri forc direct suffici establish veag commit aris invest lignit product capac assum bayernwerk ag preussenelektra ag rwe energi ag undertaken lignit invest commit guarante deliveri ultim base time captiv market assum liberalis defin categori custom elig custom mean direct lead situat veag posit complet dm million invest programm complet transit regim establish requir measur propos achiev object question measur question fall scope derog chapter iv vi vii direct ec german transit regim refer exclus protect claus articl energi act transmiss system oper deni network access case case basi order guarante suffici deliveri electr lignit fire power plant refus access ground guarante suffici deliveri electr lignit fire power plant cover articl direct ec refer lack transmiss distribut capac duli substanti reason regard notifi public servic oblig defin articl direct germani notifi public servic oblig articl direct german transit regim repres derog articl chapter vii direct derog fall measur mention articl articl applic transit regim limit durat link expiri commit guarante oper question german transit regim limit durat decemb act possibl extens decemb depend outcom report ministri present bundestag impact transit regim power gener lignit electr price trend länder commiss consid decis transit regim valid decemb germani decid extend transit regim decemb addit period stage subject complementari applic commiss request extens transit regim whilst commiss present extend derog direct grant decis eventu complet exclud difficult envisag extens compat direct long term natur extend address issu present transit regim appli restrict measur achiev legitim object take account thing size system concern level interconnect system structur electr industri member state concern legitim object object pursu scheme question permit veag honour lignit invest commit enter meet legitim expect relat commit background element germani justifi object transit regim addit argument firstli specif econom situat länder social environment accept restructur energi sector region decreas lignit electr product call question lignit mine activ germani argu measur term long term secur suppli continu electr produc lignit part german energi polici attempt weigh increas depend import natur ga environment cost disadvantag exist indigen fuel lignit basi consider commiss consid object pursu germani legitim restrict measur take account thing size system concern level interconnect system structur electr industri member state concern german energi act elig custom final consum distributor contract suppli veag system articl german act design provid potenti limit purchas electr veag system result sever difficulti continu oper lignit fire power plant practic occurr exclud german govern electr produc veag basi lignit expens electr provid sourc natur ga expens lignit base electr western länder uncompetit situat east german lignit explain amortis high invest modernis cost fix signific fall veag electr sale increas cost burden remain custom veag lost signific sale due elig custom purchas mention endang lignit base electr product abil fulfil invest modernis commit transit regim enabl refus elig custom access transmiss network elig custom oblig continu purchas expens lignit base electr veag commiss consid germani suffici demonstr transit regim measur achiev object question practic member state show altern solut strand cost problem specif attent question german transit regim appli restrict measur order achiev object question german govern consid light circumst question current solut restrict trade competit altern statutori quota lignit possibl financ levi electr consumpt germani due temporari natur support scheme fact determin protect fact propos state bundeskartellamt judg disput refus access lignit issu argument notabl capac restraint govern rare case lead refus access exist principl approach advantag affect contract veag region distributor circumst argu present approach german govern ensur market distort occur light specif circumst case limit area concern comparison size entir german system ii lack certainti protect fact iii strictli limit timescal commiss consid scheme reason method achiev object question demonstr scheme base levi restrict trade competit transit regim notifi special circumst consider caveat respect detail transit regim notifi firstli possibl region transmiss distribut system oper refus network access pursuant scheme ensur defin discriminatori transpar verifi criteria exist refus access possibl region transmiss distribut system oper refus network access word articl german act specif restrict veag refus network access subject post approv bundeskartellamt region transmiss distribut system oper implement claus deni access network fact veag substanti affect invest commit electr product region electr compani produc electr lignit oblig procur sale veag circumst region transmiss distribut compani refus network access ground ensur adequ product lignit firstli region distribut transmiss compani posit determin fall demand custom electr result reduc purchas veag endang continu product veag electr lignit veag account purchas distributor individu elig custom determin distributor direct commerci interest lignit product experi restrict access network base commerci consider maintain lignit product combin imposs region distribut transmiss compani determin practic fall sale part prejudic veag lignit base product make inappropri permit region distribut transmiss compani refus access ground veag entitl basi commit mean articl direct posit invok protect claus significantli compromis market posit elig custom face potenti access disput settlement transmiss system oper possibl level distribut network level transmiss network issu rais germani respect concern purchas distributor electr origin länder involv low medium voltag grid veag awar quot import quot account plan futur lignit base product level base quot domest quot demand quot import quot low medium voltag grid reach level distributor sale reduc amount bought veag fall reduc veag sale commiss test argument regard se justif allow distribut transmiss compani refus network access medium term ground protect lignit firstli fact quot import quot low medium voltag grid grant flow acquir quantit signific issu resolv manner restrict trade competit possibl refus network access region level germani establish procedur region compani oblig inform veag transmiss contract conclud level region network oper indirectli affect veag lignit base electr product enabl veag includ case plan submit evid claim refus access order give germani opportun determin addit measur requir order enabl veag fulfil lignit base product oblig ensur region distributor period time adapt prior introduct addit market pressur commiss consid bring condit forc suspensori effect cf defin discriminatori transpar verifi criteria commiss refus network access sever measur directli oppos main object direct permit competit electr suppli introduc network access light import applic lignit protect claus exercis restrict defin discriminatori transpar verifi criteria commiss consid word articl german act satisfactorili fulfil criteria commiss consid ensur condit met scope regulatori procedur disput settlement mechan question condit refus access place case case basi priori systemat refus case refus detail reason veag refus transmiss ensur adequ level lignit gener minimum open market guarante länder network access system develop practic albeit basi transit regim pace minimum market open requir direct guarante minimum segment elig custom unrestrict chang supplier spite legitim interest veag risk absenc caveat competit develop länder period question veag face insuffici pressur increas effici lower price present approxim electr gener veag municip produc autoproduct expect limit number elig client decid purchas inevit immedi put pressur albeit limit veag lignit base product meet challeng increas effici competit risk lose market share cut cost reduc price absenc minimum number unequivoc elig custom veag adopt polici systemat refus request network access order maintain market share indirectli lignit product possibl polici veag support conclus report evalu lignit protect claus commiss veag charter account pwc deutsch revis german govern argu minimum open market market practic ensur case case approach german articl lignit claus commiss consid articl firstli insuffici guarante respect compli requir clear verifi criteria differenti network access applic admiss refus concern stress commiss letter ministri econom affair septemb clear verifi criteria order enabl custom predict exercis network access avoid potenti discriminatori applic claus aris excess discret case case assess refus access weigh justif refus access elig custom choos supplier account elig custom parti long term purchas commit case distributor commit take electr veag case attent interest ensur suffici sale lignit base electr elig custom final consum specif long term purchas commit case attent access competit electr price context import note veag region distribut compani case affili compani compani belong sharehold regard major industri final consum access competit electr price articl direct lai discret member state defin custom segment achiev minimum open market quot final consum consum gwh year consumpt site basi includ autoproduct includ quot categori elig custom commiss consid custom segment clear guarante potenti request market access refus basi articl german act transpar avoid potenti discrimin balanc struck provid adequ effect protect lignit product germani ensur competit forc basic aim direct nonetheless plai import role ensur compani increas effici lower price entri forc decis order permit prepar suitabl measur order ensur electr sale elig custom region distributor low medium voltag grid bypass veag lignit base electr product oblig enabl region distributor prepar introduct competit veag adapt situat regard custom consum gwh annual appear reason ensur suitabl period time prior entri forc condit set note circumst lead choic german govern transit regim object pursu specif characterist scheme notifi commiss pursuant articl direct regim result signific reconstruct electr sector länder reunif result major localis region employ problem circumst import case balanc struck veag reason degre competit pressur ensur veag meet invest lignit base electr product oblig decis term natur object extrem specif comparison transit regim accept examin member state scheme relat aim maintain viabil competit individu undertak reconstruct major modernis entir region electr sector light commiss consid provid interim period year public decis entri forc condit set articl period provid veag region distributor time measur meet addit competit pressur result decis addit consider order limit impact decis condit set competit viabil veag review decis schedul year adopt basi review report german govern experi applic articl german act applic addit condit decis proport final custom transfer electr supplier produc basi lignit länder substanti endang viabil veag commiss review decis condit order ensur suffici transpar commiss consid ensur close monitor applic interpret articl german act commiss notifi decis german arbitr regulatori bodi condition uncondition approv refus network access basi articl german act appreci argument veag order support argument express letter januari meet veag commiss februari brussel veag submit report commiss charter account pwc deutsch revis evalu lignit protect claus letter januari veag argu loss sale whatsoev unsustain lignit protect claus articl german act appli full restrict account report calcul target quantiti electr sale order cover veag full cost calcul base data veag medium term cost plan veag directli compar data publish annual account cost base calcul target quantiti includ capit cost margin return equiti state oblig risk premium assum equiti capit comparison calcul target quantiti electr sale actual electr sale estim electr sale plan veag result actual sale exceed calcul target quantiti target quantiti higher plan sale lead conclus futur oper fulli cover cost report subsequ examin scenario scenario assum full applic lignit protect claus articl german act veag favour conclud year show surplu peak show sale margin translat return equiti shown abovement quantit gap result decreas return equiti expect compar figur report examin scenario assum consum repres veag turnov chang supplier assumpt deriv market segment total electr product länder twh assum lost exclus veag turnov scenario conclud veag viabil threaten detail analysi realist plant oper revenu sale altern custom spot market account commiss conclud report provid detail analysi veag cost structur fix variabl cost make assess short term margin cost provid cash flow analysi order assess veag liquid data provid short medium term viabil veag consid directli threaten report conclus base object maintain full cost coverag includ profit margin roe target achiev lignit protect claus fulli appli veag favour result roe pragmat conclus restrict applic lignit protect claus sustain data provid show full cost account approach chosen includ number safeti net veag viabil call question profit margin includ calcul undisclos potenti margin includ contract procur lignit relat compani laubag equiti capit revenu surplu electr sale altern custom spot market includ calcul effect custom loss scenario assum af loss sale base assumpt compar potenti effect condit refer decis contrast posit express german govern lignit protect claus appli case case basi allow degre market open posit express veag support account report make clear veag strive systemat refus access direct indirect veag custom full period applic claus summari commiss recognis veag legitim concern maintain suffici sale order ensur specif economi scale lignit base electr product commiss develop condit regard concern albeit weigh equal legitim electr consum possibl review safeguard competit viabil veag conclus transit regim appli letter februari applic accord deadlin laid articl transit regim base invest commit aris seri contract conclud german democrat republ treuhandanstalt bayernwerk ag preussenelektra ag rwe energi ag region electr compani natur veag invest commit meet criteria articl direct measur propos transit regim derog chapter vii direct ec refus network access principl fall scope articl direct propos transit regim limit durat link expiri commit guarante oper question requir transit regim appli restrict measur achiev legitim object principl fulfil albeit limit clarifi scope limit network lignit base electr produc compani clarif word german transit regim suffici defin order ensur discriminatori transpar verifi applic commiss conclud number condit fulfil order ensur adequ predict transpar german transit regim condit implement amend law adequ applic provis practic part author respons implement articl german act decid articl articl länder german quot gesetz zur neuregelung de energiewirtschaftsrecht quot energi act publish bundesgesetzblatt april singl subject applic transit regim accord articl direct ec notifi commiss februari consid base commit guarante oper mean articl direct abovement case commit mean articl direct ec contract conclud august german democrat republ treuhandanstalt hand bayernwerk ag preussenelektra ag rwe energi ag articl accord articl direct ec germani entitl derog articl chapter vii appli articl länder energi act transit regim limit decemb condit germani ensur network access remain gener norm länder refus network access consid except duli substanti case case basi request network access refus involv vereinigt energiewerk ag veag transmiss network region transmiss distribut system oper appli provis transit regim condit appli year public decis minimum proport final electr consumpt remain open competit länder final consum consum gwh year consumpt site basi includ autoproduct mean articl direct ec refus network access basi articl energi act condit appli year public decis articl germani submit commiss year adopt decis report actual network access final custom länder report conclud proport final consum chang electr supplier produc basi lignit länder substanti endang viabil veag commiss review decis germani notifi commiss refus network access accord articl energi act immedi uncondit condit approv refus instanc landeskartellbehörd bundeskartellamt germani notifi commiss chang relat energi act directli indirectli affect applic transit regim articl decis address feder republ germani brussel juli commiss christo papoutsi member commiss oj bgbl busi secret offici data present commiss receiv oral inform veag electr consum vik indic categori final consum consum gwh year länder repres compani consumpt share approxim inaccuraci stem difficulti assess autoproduct defin consumpt site busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret busi secret report busi secret veag purchas lignit laubag compani relat common sharehold busi secret busi secret price quantiti schedul busi secret laubag cost structur current profit margin disclos analys busi secret busi secret