BKW FMB Energie AG
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| Aktiengesellschaft (SWX:BKWN, BX:BKWN) | |
| Industry | Electrical power |
| Founded | 1898 |
| Headquarters | Berne, Switzerland |
| Products | Production and distribution of electrical power. |
| Revenue |
 2.81 billion CHF (2007)
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 436.0 million CHF (2007)
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245.2 million CHF (2007)
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Number of employees
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2615 (2007) |
| Website | www.bkw.ch |
The BKW Energie AG (BKW, formerly known as Bernische Kraftwerke AG, SWX:BKWN) is a power production and distribution utility with its headquarters in Berne, Switzerland. It also provides gas and heat through a number of subsidiaries or partner companies. It mainly operates in the canton of Berne, but is also present in Italy, Germany and Austria.
The BKW was founded in 1898 as Aktiengesellschaft Elektrizitätswerk Hagneck. The name was changed to Bernische Kraftwerke AG in 1909. In 1995, it changed to its present name. BKW FMB Energie AG, to emphasize the internationalization of the company's business plan.
It has been quoted on the Berne eXchange since 1969. As from 2003, it is also present at the . Major shareholders are the Canton of Berne (52.54%) and the German power company E.ON Energie AG (20.99%, as of 2007).
With a yearly energy sale of 24.2 TW·h the BKW is one of the biggest Swiss power utilities. Of them 9.7 TW·h are produced by own plants or by shares in other facilities. As of 2007 the mix is mainly composed by nuclear (61.87%) and hydroelectric (37.96%) power. The remaining is produced by renewable sources like solar, wind or biomass. Due to the necessity to diversify the mix and satisfy the increasing demand, BKW is introducing some fossil fuel power through shares in abroad plants.
In 2008 a new 800 MW combined cycle gas power plant started operation in Livorno Ferraris (province of Vercelli, Italy). BKW possesses a 25% share.
BKW produces around 40% of its power through owned or shared hydroelectric plants in Switzerland and Italy.
The owned plants are mainly located in the canton of Berne:
Some of the group companies also produce hydroelectric power. The BKW portion of the installed production are:
The rest is generated through holdings. The production portions of the BKW are:
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Wikipedia