commiss decis februari declar concentr compat common market eea agreement case comp edf enbw notifi document number english text authent text eea relev ec commiss european commun regard treati establish european commun regard agreement european econom area articl thereof regard council regul eec decemb control concentr undertak amend regul ec articl thereof regard commiss decis octob initi proceed case undertak concern opportun make view object rais commiss regard opinion advisori committe concentr august commiss receiv notif pursuant articl council regul eec merger regul propos concentr undertak electricité de franc edf franc alongsid zweckverband oberschwäbisch elektrizitätswerk oew acquir mean articl merger regul joint control undertak energi baden württemberg ag enbw octob commiss decid accord articl merger regul articl eea agreement initi proceed case hear place decemb advisori committe discuss draft decis januari parti oper edf wholli state own compani activ field suppli transport electr franc oper nation transmiss grid subsidiari edf intern edfi hold compani edf sharehold electr compani european countri includ austria belgium itali luxembourg netherland portug spain sweden switzerland unit kingdom import sharehold set recit franc edf activ electr trade edf trade edft jointli control edf sa loui dreyfu amp cie franc edf activ construct oper mainten electr plant power network wast recycl street lighten servic oew associ public district south west germani main purpos hold share compani activ energi sector wholli own subsidiari oew beteiligungsgesellschaft mbh oew hold share enbw enbw vertic integr electr util activ field suppli transport electr south west germani enbw activ electr trade busi activ compris suppli ga district heat telecommun wast recycl financi servic prior propos concentr landesstiftung baden württemberg gmbh wholli own subsidiari land baden württemberg held enbw remain sharehold enbw oew stake landeselektrizitätsverband württemberg gemeindeelektrizitätsverband schwarzwald donau technisch werk der stadt stuttgart gmbh badisch elektrizitätsverband land baden württemberg organis tender purpos sale share enbw edfi won tender acquir share enbw edfi increas share enbw reach pariti oew sharehold agreement ii concentr result propos concentr enbw joint ventur jointli control edfi oew edfi oew hold major vote right enbw sharehold agreement set bind rule exercis vote right influenc enbw respect market strategi commerci polici joint decis make procedur form vote pool vote pool ensur uniform exercis edfi oew vote right sharehold meet sharehold committe ensur proper function vote pool edfi oew deleg member sharehold committe decis supervisori board sharehold meet enbw sharehold committe deal matter unanim reach sharehold committe edfi oew vote resolut propos supervisori board sharehold meet level propos oper constitut concentr mean articl merger regul iii commun dimens edf oew enbw combin aggreg world wide turnov eur million eur million edf eur million oew eur million enbw edf enbw aggreg commun wide turnov excess eur million eur million edf eur million enbw edf enbw achiev third aggreg commun wide member state notifi oper commun dimens mean articl merger regul iv competit assess relev product market propos concentr background state liberalis electr market franc french electr law februari quot electr law quot adopt order implement direct ec european parliament council decemb common rule intern market electr pursuant articl electr law elig custom defin decre accord articl direct ec includ french larg industri custom demand site gwh year repres approxim consumpt franc custom demand site gwh year elig august list compani publish mean made elig decre prepar qualifi industri consum elig custom lower gwh threshold gwh year increas number elig custom market custom repres approxim consumpt franc increas compar present situat articl ii electr law independ authoris electr gener purchas electr resal elig custom consid elig custom rule appli distributeur nationalisé dnn suppli electr elig custom local distribut suppli area articl electr law concern transport electr edf french high voltag transmiss system oper tso respons oper maintain develop system franc special divis rte creat edf purpos director nomin ministeri order edf dnn respons french distribut system oper dso dnn includ municip region distribut entiti electr law access transmiss distribut grid region distribut electr franc chosen regul access system decre condit access transmiss distribut network includ network usag tariff prepar tariff transmiss distribut network propos electr regul committe cre approv minist charg definit relev product market purpos assess propos concentr account current state liberalis franc distinct drawn suppli elig custom free choos supplier suppli elig custom choos supplier commiss decis case iv edf loui dreyfu assess focu suppli elig custom relev geograph market decis edf loui dreyfu commiss consid french suppli market nation scope due regulatori restrict technic constraint commiss investig present case shown market suppli elig custom electr larger nation recent liberalis french market signific import electr place extent import time constrain limit charact interconnector capac publicli inform interconnector capac franc neighbour countri amount approxim gw due technic limit usabl interconnector capac approxim gw compar instal gener capac franc approxim gw import capac context parti submit import capac realiti higher high export franc neighbour countri similar amount import outbal flow export electr result full instal capac addit import electr superposit effect import export flow occur extent electr flow direct place time increas capac due superposit realiti uncertain approxim twh electr import franc compar total consumpt french market twh proport import electr consumpt elig custom account twh proport import geograph market suppli elig custom franc competit assess domin posit edf edf extrem high market share market elig custom main electr gener supplier franc edf enjoi domin posit franc suppli elig custom concern parti submit notif edf account market suppli elig custom auto product includ parti auto gener independ produc gener twh independ product account twh auto product fact form part market account twh present consumpt elig custom repres approxim twh assum entir auto product twh gener elig custom quantiti deliv market twh quantiti twh deliv edf twh produc independ gener exclud edf auto produc deliv custom edf market share edf slightli foreign supplier german electr compani conclud suppli contract elig custom edf domin posit market suppli elig custom light import gener franc edf princip gener electr franc instal gener capac franc gw compris nuclear gw fossil fuel gw hydroelectr gw power station edf output twh twh total electr gener correspond share edf total output deriv nuclear hydroelectr fossil fuel power gener total consumpt franc twh edf total electr suppli franc twh correspond share electr gener margin share gener suppli electr edf edf electr gener activ franc compagni national du rhône cnr instal gener capac gw produc electr rhône sell edf twh edf hold sixth cnr share capit nomin director edf manag cnr present negoti condit exit cnr basi articl electr law société national electricité de thermiqu snet edf hold stake instal capac gw gener twh amount suppli elig custom harpen ag belong rwe group gener electr small scale hydro power plant instal capac gw entir output power plant twh gwh suppli edf compar overwhelm posit edf term gener role potenti independ supplier plai suppli elig custom signific cnr snet suppli entir product elig custom common output cover total french market suppli elig custom repres twh recognis cre annual report state quot year competit edf result action foreign oper presenc import produc instal nation territori quot electr law signific restrict limit margin manoeuvr independ electr gener suppli elig custom articl iv electr law articl decre octob authoris electr gener purchas electr resal elig custom amount respect instal gener capac significantli restrict abil independ electr gener plai activ role market suppli elig custom posit independ electr gener term product margin repres french total product limit volum independ electr gener purchas order suppli elig custom respect gener capac exclud compani signific suppli altern elig custom futur assess consequ limit expert group quot inspecteur de financ quot reach conclus report cre quot claus refer constitut barrier trade electr relat financi market bilater trade framework unfavour french produc independ edf effect fix exist hierarchi market share prevent edf competitor compet edf complet offer purchas enabl justifi compens modest product capac quot situat regard entri french market gener commiss investig shown imposs newcom enter french market instanc foreign supplier won bid organis elig custom deliveri electr remain difficult newcom foreign supplier start suppli activ franc order activ foreign market electr supplier sourc electr gener capac situat franc purchas produc framework trade activ import electr produc plant abroad difficulti enter french market newcom margin chanc gain access gener capac franc access gener capac franc realist edf grant access edf main gener franc potenti independ gener suppli electr edf gener captiv number larg industri custom gener electr auto product bound long term contract year edf excess product part cogener programm respect parti argu authoris procedur product facil mw unit laid electr law decre septemb enabl commun oper set product facil franc build gener capac long term process involv high invest high sunk cost gener electr requir custom prepar sign long term suppli contract year order secur extent front high invest addit spot market exist franc excess product lost sold edf oper cost vari significantli depend primari energi oper plant fossil fuel coal oil ga creat higher oper cost hydro fuel nuclear fuel power plant fossil fuel compet low price edf offer basi nuclear gener capac exist gener capac fulli basi edf instal gener capac theoret maximum output twh gw hour dai year amount doubl edf total gener twh past develop gener capac driven forecast base optimist assumpt futur growth demand materialis confirm cre annual report state quot accord trend observ europ evid franc product meet forese chang demand requir addit invest capac competit power station larg paid gener make instal signific capac econom justifi come year situat ad consequ histor monopoli edf produc total consumpt explain develop competit franc elig threshold reach includ instal capac competit histor oper quot newcom margin chanc purchas electr framework trade franc trade electr wholesal level requir liquid environ produc sell suffici quantiti trader franc competit structur favour liquid develop edf main gener franc potenti independ gener account total product market suppli elig custom domin edf long signific competit market incent trade activ develop addit potenti independ gener limit purchas activ trader supplier volum purchas limit respect gener capac set recit contribut fact trade activ remain minim respect cre annual report state respect suppli elig custom quot method creat oper market analys respect legisl regulatori provis applic aim put ceil amount electr produc authoris bui view resel elig client depend level set ceil lead limit trade electr capac elig client diversifi supplier quot purchas electr produc framework trade activ viabl sourc altern franc parisbours launch spot market trade hourli daili block electr parisbours attempt creat trade market place practic impact newcom face difficulti enter french market import view current state french market foreign supplier want suppli electr elig custom franc date chosen option import electr abroad french grid transmiss electr custom site current condit transmiss make difficult foreign supplier suppli elig custom electr import interconnector custom insist supplier respons entir electr suppli full servic contract compris provis energi balanc power edf supplier franc directli indirectli network oper rte unattract elig custom conclud separ contract supplier balanc power addit cost involv contract manag foreign supplier purchas balanc power respect note rte recent organis auction regard suppli energi requir compens loss occur transport network rte announc carri similar auction balanc power futur uncertain auction place franc supplier edf initi forc purchas balanc power individu custom avail advantag inher bundl custom energi balanc group limit bui balanc power view fact amount balanc power need roughli estim foreign supplier need purchas suffici quantiti safe balanc power need foreign supplier possibl balanc power consequ price balanc power potenti increas final price electr competit high level provis made refund case excess input electr grid franc novemb rte establish system supplier aggreg consumpt custom foreign supplier theori balanc fluctuat custom consumpt long foreign supplier overcom barrier entri won suffici number custom effect outbal exist fluctuat consumpt possibl form energi balanc group deliv signific benefit overwhelm posit electr gener franc edf outbid competitor enter french market commiss ask edf provid number bid launch elig custom edf compet foreign supplier period liberalis enter forc franc tabl show outcom bid base figur submit edf repli statement object edf state figur exhaust bid involv foreign supplier tabl outcom bid base edf figur gt tabl gt tabl show figur obtain commiss investig base repli foreign electr supplier tabl outcom bid base repli foreign electr supplier gt tabl gt tabl demonstr edf win signific amount bid submit elig custom edf won half bid lost bid pictur clearer figur obtain commiss investig account foreign supplier bid french market elig custom success approxim total bid edf limit inform number bid made elig custom inform set tabl foreign supplier submit inform bid inform set tabl contest edf repli statement object consid valid basi commiss assess absenc french supplier import edf assum bid lost foreign supplier vast major won edf larg confirm bid list submit foreign supplier abil edf systemat outbid foreign supplier support fact transpar averag market price franc fact edf significantli influenc price electr suppli elig custom edf integr monopoli compani respond competit challeng market elig custom move margin elig custom sector custom freeli choos supplier respect edf argu hear cross subsidi prohibit law regulatori framework tariff approv minist opinion cre tariff subject price cap cover full cost suppli price cap exclud profit margin supplier exist cross subsidi easili prove fact cross subsidi real danger recognis cre annual report state quot difficult regul dual market captiv consum subsidis elig consum competit imbal avoid elig consum market quot depth investig edf suppli price data averag price elig custom price submit elig custom context bid figur shown tabl tabl averag price elig custom gt tabl gt data tabl prove edf averag price elig custom higher price offer elig custom order outbid foreign supplier repli competitor particip bid procedur confirm edf match price offer foreign supplier order custom cre line conclus state annual report quot june number elig client chang supplier low number obtain edf significantli lower price check competit supplier quot strengthen edf domin posit propos concentr strengthen edf domin posit market elig custom franc elimin enbw potenti competitor french market heighten edf retali potenti germani increas edf foothold switzerland elimin watt potenti competitor strengthen edf posit pan european supplier incent foreign supplier enter french market strong incent foreign supplier activ franc illustr particip supplier numer bid suppli elig custom german supplier concern worth note due liberalis germani electr price industri custom gener higher franc fact custom price franc higher germani german electr gener make competit offer elig custom franc strong incent activ franc franc largest market commun incent support tendenc pan european suppli contract suppli larg busi custom member state commiss investig confirm increas demand contract signific limit custom supplier commun due level liberalis larg busi custom increasingli interest suppli supplier member state true custom site meet vari nation requir allow choos supplier contract includ suppli compani site situat franc order make offer multi site custom subsidiari franc essenti activ market enbw potenti competitor enter french market enbw electr supplier interconnect level germani gener suppli energi maintain high voltag grid fourth largest german electr util rwe vew veag electr suppli interconnect level largest electr suppli germani enbw suppli area south west germani long common border franc edf suppli area enbw owner high voltag kv transmiss grid suppli area length km rwe enbw german interconnect electr compani interconnector franc germani franco german interconnector enbw suppli area enbw approxim gw interconnector capac amount capac enbw export twh franc amp lt twh enbw receiv inter alia particip edf gener park enbw suppli twh elig custom franc figur approxim consumpt french elig custom suppli enbw parti enbw geograph proxim edf confer competit advantag enbw parti argu cost price electr suppli custom franc differ materi depend electr origin enbw oper bound transit enbw rwe vew area franc assert correct germani transmiss fee payabl transmiss grid own electr compani interconnect level electr gener transmiss grid direct neighbourhood french market disadvantag compar grid french border enbw rew vew explain decis case comp veba viag grid owner appli tariff competitor fulli transpar case detect actual discrimin competitor electr export situat countri border franc pai addit cost cross border countri franc germani belgium enbw geograph proxim edf confer cost advantag comparison categori supplier respect strateg paper acquisit enbw prepar edf state point commerci advantag joint control enbw confer edf quot enbw bring direct border access quot edf consid geograph situat enbw suppli area german french border competit advantag strateg expans german market situat confer analog advantag enbw french market enbw access gener capac situat franc number contractu long term agreement edf includ capac reserv french nuclear power plant fessenheim cattenom agreement provid suppli base load power ad hoc peak load power edf enbw enbw receiv twh fessenheim twh cattenom twh base load edf parti enbw receiv averag total amp lt twh year exist agreement edf enbw quantiti rule made enbw franco german interconnector sierentz kuhmoo notif enbw import suppli german custom legal contractu impedi prevent enbw suppli quantiti receiv edf elig custom franc explicitli confirm repres edf enbw meet commiss novemb parti argu rwe vew electrabel commun situat electr compani consider larger enbw financi strength resourc plan abil sustain entri french market elig custom view optimis product capac enbw insuffici capac market enbw gener twh sell twh bui differ sourc includ edf view repli receiv commun situat electr gener exist product capac surplu product decis element entri french market germani electr gener sell capac product electr exchang electr gener interconnect level bilater basi electr compani decid deliv electr french market purchas amount electr requir trade market produc conclud surplu gener necessarili decis advantag larg util comparison enbw candid potenti entri franc situat germani belgium spain foreign supplier spain concern major difficulti enter french market li limit interconnector capac approxim gw german supplier rwe vew direct access franc appear rwe vew electrabel enbw rwe vew electrabel compar access gener capac franc enbw rwe vew access gener capac franc harpen ag harpen ag product margin twh addit entir output suppli edf electrabel particip nuclear product unit chooz tricastin franc date contract base equival particip edf belgian nuclear product unit tihang product french unit suppli franc conclud enbw strateg compani enter french market suppli elig custom enbw potenti suppli elig custom recit origin french product enbw pai cross border transmiss fee quantiti respect enbw posit uniqu compar competitor present oper enbw strong incent enter french market purpos enter french market enbw profit competit potenti geograph situat make candid tendenc pan european suppli industri custom enbw suppli area compris import german compani activ electr metal industri compani mechan engin industri product site commun enbw creat local subsidiari austria netherland itali poland spain suppli larg industri custom framework quot pan european suppli contract quot member state import suppli contract enbw view suitabl custom pan european suppli contract larg industri custom product site premis european countri enbw view minimum consumpt site consid pan european suppli contract gwh enbw present custom qualifi criteria pan european suppli contract edf enbw tradition close cooper due neighbour locat number electr field includ joint oper gener util transport electr gener edf enbw network export switzerland itali austria parti argu longstand link compani unrealist expect enbw activ challeng edf market posit franc link suffici rule possibl enbw activ franc compet edf control view support fact enbw particip bid launch french elig custom acquir enbw edf gener expos competit franc propos concentr increas edf potenti retali germani edf enjoi strong posit market suppli elig custom franc acquisit enbw confer edf possibl activ fulli liberalis german market exist highli aggress competitor whilst edf posit quot home quot market franc protect due strong posit french market term capac secur elig custom enbw import germani illustr fact june enbw german power util offer standard rate custom choic electr price enbw subsidiari yello strom gmbh yello strom made substanti contribut open german market suppli small custom competit yello strom launch similar competit initi larg small industri custom transact edf counter market entri german interconnect compani franc launch retali campaign germani edf present german market transact edf posit presenc germani extent order deter actual competitor rwe hew pursu aggress competit market suppli elig custom franc competitor similar potenti retali franc discourag aggress challeng edf posit franc context parti argu edf polici exist launch retali campaign germani polici exist futur commiss investig competitor state edf increas potenti retali major consequ propos concentr enbw meet commiss repres edf novemb current situat enbw consider possibl retali edf germani enbw enter french market signific extent clear strategi anticip enbw easier stronger effect edf strong foothold germani propos concentr hear oew state concentr enbw sole control edf jointli control edfi oew oew particip enbw suffici safeguard retali edf germani transact true concentr enbw jointli control edf oew pursuant sharehold agreement edf sole industri partner oew region partner long oew region interest profit interest suffici respect appear oew incent activ oppos busi strategi edf choos enbw strategi retali necessarili affect interest remain propos concentr lead aspect increas potenti retali signific strengthen edf domin posit franc enbw control sharehold watt edf consider strengthen foothold switzerland switzerland vertic integr quot überlandwerk quot atel aar tessin ag für elektrizität olten bkw bkw fmb energi ag bern ckw centralschweizerisch kraftwerk ag luzern egl elektrizitätsgesellschaft laufenburg ag laufenburg eo energi ouest suiss lausann ewz elektrizitätswerk der stadt zürich zürich nok nordostschweizerisch kraftwerk ag baden compani transmiss system oper oper swiss transmiss grid total circuit length km etran ag system coordin swiss transmiss grid quot überlandwerk quot share etran ag base respect share swiss transmiss grid atel bkw ckw egl eo ewz nok parti declar edf control sharehold atel edf enjoi close commerci relationship atel long time relationship base long term suppli agreement compani atel gener twh sold twh export southern europ itali atel account swiss export swiss import twh import switzerland franc bulk edf electr export switzerland sold swiss client export enbw bayernwerk ag nok jointli control watt ag watt enbw stake nok stake remain held crédit suiss watt hold control stake quot überlandwerk quot egl ckw electr compani kwl kraftwerk laufenburg kwr kraftübertragungswerk rheinfelden egl ckw sold twh twh correspond total sale swiss überlandwerk nok competit watt subsidiari sold twh result propos concentr edf consider strengthen foothold switzerland obtain control stake watt indirectli watt subsidiari acquisit enabl edf control half swiss interconnector term total number total interconnector capac interconnector switzerland neighbour countri tabl show ownership interconnector switzerland respect interconnector capac tabl interconnector switzerland neighbour countri gt tabl gt due geograph posit high voltag connect franc germani itali austria flexibl swiss hydraul power switzerland turntabl peak load european util season daili requir respect switzerland import french electr suppli peak load edf total output gener nuclear power station nuclear power gener steadi suitabl base load nuclear power gener inflex suitabl satisfi peak load demand electr export switzerland franc account peak load export franc switzerland base load propos concentr edf posit control larg part swiss gener suppli peak load competitor suppli elig custom franc provid base load peak load competitor satisfi peak demand arrang supplier peak load swiss supplier propos concentr consider restrict choic swiss peak load suppli supplier propos concentr lead elimin egl potenti competitor french market egl approach elig custom franc respect egl suppli full rang electr product directli french elig custom supplier custom concentr competit exclud last basi edf domin posit franc strengthen acquisit joint control enbw significantli contribut edf outstand posit pan european supplier year edf edfi systemat acquir particip directli part invest consortium field power gener transmiss distribut europ tabl show edf activ number member state tabl edf presenc member state gt tabl gt tabl show edf access number market commun true case edf sole control joint control nation electr supplier edf present germani import market europ propos concentr edf strong foothold germani uniqu posit offer pan european servic industri commerci custom edf domin posit franc make difficult european supplier provid servic level edf firstli foreign supplier suppli electr custom franc custom demand site gwh year custom demand site gwh year choos suppli foreign supplier suppli edf exclus instanc custom product site franc demand differ site site site gwh year edf offer true multi site suppli custom significantli restrict possibl foreign supplier offer multi site suppli custom situat franc section foreign supplier face signific difficulti suppli elig custom franc foreign supplier great disadvantag offer multi site suppli custom franc franc strateg posit europ due interconnect spain unit kingdom belgium germani switzerland itali german supplier request custom suppli site unit kingdom spain transit electr franc commiss investig reveal difficulti face transit competitor posit suppli custom manag purchas electr local edf contrast situat domin oper franc polici systemat strateg acquisit edf manag activ member state fulli liberalis market unit kingdom time foreign competitor turn enter french market propos concentr edf presenc franc signific gap foothold germani acquisit joint control enbw strong yello strom brand germani close gap strengthen edf posit pan european supplier indirectli domin posit french market suppli elig custom commit submit notifi parti modif oper commit notifi parti submit commit order remov competit concern identifi commiss summari commit compris element relat cnr cnr april put posit ensur oper power plant commercialis power gener edf cnr sign common declar set contractu framework render cnr fulli independ electr produc edf undertak conclud cnr march latest bind agreement implement declar commercialis electr gener edf undertak make claim electr gener cnr part thereof march order cnr develop progress market entir product edf undertak purchas april april request cnr part product quantiti purchas purchas price subject contract conclud edf cnr prior march accord joint declar januari edf undertak renounc exercis vote right cnr withdraw repres cnr board director truste act caretak edf share cnr access gener capac franc edf undertak make competitor access total mw gener capac locat franc mw form virtual power plant vpp mw form back back agreement exist cogener power purchas agreement virtual power plant vpp compris mw baseload mw peakload capac baseload peakload vpp offer simultan separ vpp contract durat month month year year year vpp contract award open discriminatori public auction auction open energi util energi trader entrant bid integ number mw capac smallest bid mw bid group plant type disregard durat contract group bid sort descend order spread relat refer fix edf refer reflect edf estim french wholesal power market refer reserv price spread neg valu commun truste invit bid announc capac award bidder rank auction capac volum reach bidder bid mix baseload peakload plant option withdraw bid award plant portfolio choic bid withdrawn capac award select bidder rank success bidder bui mw gener capac edf eur mw year capac price durat contract buyer call edf time order request deliveri mw requir load curv notifi dai ahead noon buyer pai edf eurz mwh electr consum energi price case baseload virtual plant energi price reflect nuclear variabl cost power plant oper edf franc energi price peakload virtual power plant reflect variabl cost physic peakload unit oper edf franc time energi price eur mwh case baseload plant eur mwh case peakload plant energi price fix edf truste occas verifi level edf oper auction month offer baseload peakload plant auction involv sale mw conduct round mw principl virtual power plant auction announc round place begin septemb round follow ten dai interv truste testifi price auction abnorm low relat market price auction result bid significantli edf cost commiss reason request edf truste decid fix reserv price auction agreement truste auction suspend commiss decis request aim fix floor price made prior complet round time mw auction auction cogener power edf sign power purchas agreement french cogener promis bui electr product year period contract averag year run edf undertak auction total mw gener capac edf contract capac offer back back contract group number exist gener contract back back contract durat month contract year consid demand contract develop durat edf undertak grant access gener capac period year date decis time period base expect forthcom year electr market franc develop suffici altern suppli sourc quantiti provid edf auction order increas market liquid year period commiss basi reason request edf decid condit met termin prolong edf oblig grant access gener capac edf truste submit time year elaps adopt decis reason request bring commit end enbw sharehold watt parti commit enbw divest enbw agre divest sharehold watt evalu commit relat edf cnr ensur april cnr posit activ competit forc electr sector franc edf renounc exercis vote right cnr withdraw repres cnr board director edf longer involv cnr commerci polici market conduct basi technic oper agreement commercialis agreement conclud edf cnr cnr progress posit develop market entir product market suppli elig custom access mw gener capac auction correspond approxim twh amount market elig custom twh access gener capac enabl foreign supplier activ market suppli elig custom signific extent envisag reduct threshold elig custom gwh year market elig custom franc amount twh hand expect cnr snet directli contribut liquid market twh forthcom year twh made edf auction elig market market competitor electr gener franc german supplier gain foothold franc suffici strong franc order cope edf potenti retali result presenc germani final access gener capac franc put foreign supplier posit pan european suppli contract suppli custom elig product site franc vpp contract edf present uncertain french market evolv provis made automat termin commit date period year deem minimum time suffici altern suppli sourc develop order reach suffici liquid franc period commiss decid condit met commiss conclud condit fact met termin commit period year adopt decis edf truste submit commiss reason request bring commit end case commiss decid condit outlin met divestitur enbw particip watt restor statu quo ant switzerland commit offer edf elimin strengthen edf domin posit market elig custom franc outbal loss enbw potenti competitor retali potenti germani increas foothold switzerland elimin watt potenti competitor strengthen edf posit pan european supplier vi summari conclud propos concentr modifi form lead creation strengthen domin posit result effect competit imped substanti part common market condit commit set annex fulli compli oper declar compat common market function eea pursuant articl merger regul adopt decis articl subject full complianc commit set annex notifi oper electricité de franc zweckverband oberschwäbisch elektrizitätswerk acquir joint control energi baden württemberg ag declar compat common market function eea agreement articl decis address notifi parti brussel februari commiss mario monti member commiss oj correct version oj oj oj loi rel la modernis au développ du servic public de électricité oj oj sourc uniped eurostat vdew edf annual report edf annual report société national de chemin de fer sncf produc twh captiv cre activ report june quot rapport sur le mécanism ajust de flux électriqu par le gestionnair du réseau public de transport électricité grt sur la création en franc marché de électricité quot septemb context cnr criticis activ report quot edf purchas oblig subsidis price rel cogener decid februari law system continu suppli edf exclus rare nation system capabl competit elig market quot instal gener capac requir authoris minist energi capac instal exce mw threshold simpl declar suffici cre activ report june cre activ report june cre activ report june cre activ report june prix du gaz de électricité en europ edit octob result veba viag merger enbw estim interconnector rwe suppli area oper veba viag decis june enbw energi baden württemberg allemagn acquisit un particip de dan le cadr un offr portant sur enbw annual report edf edfi rwe particip motor columbu hold compani major stake atel addit edf direct particip atel remain sharehold motor columbu swiss bank ub share institut investor edf rwe sharehold motor columbu strateg commerci interest repres conseil administr motor columbu atel commiss decis decemb case iv watt ag ii oj whilst capac price determin individu bid energi price mean price electr drawn capac acquir fix edf basi variabl cost contrast refer fix price technic instrument carri auction annex full english text commit refer articl consult commiss websit http europa eu int comm competit index en html