TEAG Thuringian Energy

from Wikipedia, the free encyclopedia
TEAG Thüringer Energie AG

logo
legal form Corporation
founding 2005
Seat Erfurt , Germany
management
  • Stefan Reindl
    (Speaker of the Board of Management)
  • Karl Kauermann
    (Chairman of the Supervisory Board)
Number of employees 1,688
sales 1.683 billion euros
Branch power supply
Website www.thueringerenergie.de
As of December 31, 2017

The TEAG Thüringer Energie AG (short TEAG) is a German energy provider with headquarters in Erfurt . The company supplies private households, business customers, industrial companies as well as municipal utilities and municipal suppliers with electricity and natural gas. Founded in 1993/1994 through the merger of three regional electricity suppliers , gas supply was added as an additional business area in 2005 . Until 2013, TEAG was part of the E.ON Group. Today it is majority owned by municipalities.

history

Development after the fall of the Wall

TEAG goes back to the Thuringia factory founded in 1923 . After the fall of the Berlin Wall, the Erfurt, Gera and Suhl energy combines were privatized and converted into independent stock corporations in mid-1990 . In 1991, the city gas and natural gas business was separated from the companies, so that electricity and gas supply were separated from a business perspective. The basis for this was the law on the division of companies managed by the Treuhandanstalt in 1991.

In the following years it turned out that the three electricity suppliers ENAG ( Energieversorgung Nordthüringen ), OTEV ( Ostthüringer Energieversorgung ) and SEAG ( Südthüringer Energieversorgung ) could not work economically on their own. While sales continued to decline after the fall of the Berlin Wall, companies still had to invest heavily in modernizing their networks. As a result, plans were developed to consolidate the electricity supplier's businesses.

Formation of the subgroups

This project was implemented in 1993/94: Bayernwerk acquired the majority of the capital shares in ENAG, OTEV and SEAG from the Treuhandanstalt . The energy group TEAG (Thüringer Energie) with headquarters in Erfurt and four regional divisions was created through a merger agreement . At that time, the company had 3,500 employees and generated sales of 1.6 billion marks . The business area extended to almost the entire Free State of Thuringia.

In 1994/95 the gas suppliers followed the example of the electricity suppliers: GNT ( Gasversorgung Nordthüringen ), OTG ( Ostthüringer Gasgesellschaft ) and STG ( Südthüringer Gasgesellschaft ) merged to form GVT (Gasversorgung Thuringia). The motivation here was also to ensure the economic efficiency and investment activity of the companies involved. In the course of 1995, the gas suppliers from Schmölln / Gößnitz and Bad Sulza also came under the umbrella of GVT.

Merger with E.ON

Company logo (2005-2013)
Company logo (2013-2016)

In fact, both TEAG and GVT recorded economic successes. In 1996 TEAG was in the black for the first time, while GVT increased the number of natural gas customers to a record level. In the next ten years, the number of households supplied rose to 580,000 for electricity and 112,000 for natural gas.

In 2005 the Essen-based energy group E.ON announced the merger of TEAG and GVT. E.ON already held a majority stake in both companies. The merger was intended to create a “high-performance regional supply company” that was able to ensure both security of supply and economic operation over the long term. The Thuringian state government under Prime Minister Dieter Althaus expressly welcomed the project, while other parties voiced their criticism.

The Bundeskartellamt did not raise any concerns about the merger. With a turnover of around 1.3 billion euros, TEAG became the second largest company in the Free State. From then on the company carried the name E.ON Thüringer Energie and changed its external appearance from blue to the color red of the parent company.

Remunicipalisation of TEAG

In 2012, the Essen-based energy company E.ON announced that it would be parting with some of its regional subsidiaries . In addition to E.ON Mitte and E.ON Westfalen Weser , this also affected E.ON Thüringer Energie. At that point, 47 percent of the company was municipal owned. The cities and municipalities have expressed their interest in taking over the majority of Thüringer Energie from E.ON. The sale of the company was described as a "unique opportunity" for the energy transition .

The sale of the company had a volume of over 900 million euros. In addition, there are the remaining ten percent of the shares that E.ON sold to Thüga . The entire brand identity of the group was revised: after the return to blue, the prefix E.ON was removed from the company name in summer 2013.

The remunicipalisation of TEAG was not without controversy: observers recognized “considerable business risks” for the budgets of cities and municipalities. The main reason is the "imponderability of the future development of the energy industry". It was also criticized that the takeover of TEAG by the municipalities was not sufficiently transparent. There was talk of "secrecy". In the course of this, the role of the credit institutions involved was also questioned. The Thuringian opposition expressly criticized the role of Thüga in the transaction. She called on the state government to intervene in the remunicipalisation itself and buy shares in TEAG.

Expansion of services

In recent years TEAG has continuously expanded its range of services . In addition to energy, the group is increasingly relying on electromobility and decentralized electricity storage . Another example of the company's change is the entry of Thuringian Netkom into the sale of telephony and Internet connections for end customers in 2015. In cooperation with municipal utilities, the company is committed to expanding public hotspots , including in rural areas.

structure

TEAG headquarters (2015)

legal form

TEAG is a stock corporation under German law. Its share capital is 100 million euros, divided into 2,958,765 no-par value bearer shares. The corporate purpose of TEAG includes the "supply of electricity and other types of energy" as well as generation, procurement, distribution and delivery as well as related services.

owner

TEAG is 84.8% owned by around 800 Thuringian cities and communities. Your holdings are mainly bundled in KEBT (Kommunale Energie Beteiligungsgesellschaft Thuringia). Further shares are held by the GkSA (Society of Municipal Electricity Shareholders in Thuringia) and the KDGT (Municipal Services Company Thuringia) as well as by two individual municipalities and a municipal utility. Thüga , founded in Gotha in 1867, owns 15.2%.

Disposals of shares require the approval of the company. The General Meeting resolves on this with a majority of 90%.

management

The TEAG board consists of up to three people. Stefan Reindl is the spokesperson for sales, accounting, controlling and law. Wolfgang Rampf is responsible for personnel and organization, corporate investments and shared service. Andreas Roß takes care of production and occupational safety.

The TEAG Supervisory Board has 15 members who are elected for a period of four years. In accordance with the One- Third Participation Act , two-thirds are made up of representatives of the shareholders and one-third of employees. At the head of the body is Karl Kauermann, Chairman of the Board of Management of KMT Immobilien. Ariane Göring, chairwoman of the group and general works council, and Holger Obst, mayor of the city of Hildburghausen, act as his deputies.

Holdings

In the consolidated financial statements of the five domestic TEAG are subsidiaries consolidated. These include Encoline, the Schwarza energy and media supply, Thuringian energy networks, Thuringian energy service and Thuringian Netkom. In addition, 16 domestic joint ventures and associated companies are included in the consolidated financial statements using the equity method . These include the minority stakes in the municipal utilities of some Thuringian cities and municipalities.

Key figures

Jena thermal power station (2011)
Falken hydropower plant (2005)

In the 2017 financial year, the TEAG Group produced a total of 580.9 GWh electricity , 524.6 GWh heat and 620.1 GWh steam . This takes place mainly in conventional power plants in Bad Salzungen , Grabe , Ibenhain , Jena and Merxleben . In the regenerative segment, TEAG primarily relies on its own hydropower plants and has recently invested more and more in wind power, which is being expanded in particular in northern, central and eastern Thuringia. Solar energy , photovoltaics and biomass play a subordinate role.

Services

electricity

The company markets electrical energy for private and business customers under the “ThüringenStrom” brand. In addition to the basic and replacement supply, TEAG offers various tariffs, for example for green electricity , electricity from pure hydropower or the operation of an electric heater. The company has been supporting intelligent electricity meters since 2010 and today offers a tariff with which customers can read their electricity consumption at any time. There is also a social tariff for needy customers.

natural gas

The company calls its natural gas products for private and business customers “Thuringia Gas ”. TEAG does not purchase natural gas directly from Russia or other countries, but from nationwide suppliers. Long-term contracts exist with these so that security of supply is guaranteed. TEAG has also been offering CO 2 -neutral natural gas since 2011 . For this, emission certificates are not sold as usual, but kept in the company and devalued in the appropriate amount.

warmth

District heating generated by TEAG can be obtained by customers in Bad Salzungen, Ibenhain and Jena directly from the municipal utilities.

solutions

The TEAG portfolio includes energy-related services, for example for the operation of natural gas condensing boilers , heat pumps and solar thermal systems as well as CHP technology including service. Furthermore, the monitoring of energy data, the analysis of load profiles as well as solutions for the optimization of municipal energy management are offered. The company also helps with measuring and saving energy and issues energy certificates .

Electromobility

Together with regional car dealerships , TEAG offers, among other things, packages of electric vehicles from various manufacturers, wallboxes and charging current (“AutoPackage”, “ChargingPackage”, etc.). The company is also a member of a cooperation between the Thuringian energy suppliers for the development of a charging infrastructure in the Free State. They have agreed on a uniform access and billing system.

Internet

Via its subsidiary Thüringer Netkom, TEAG not only acts as a service provider for other companies, but also increasingly markets products in the telecommunications sector to its own customers. Core of the offer is "ThüringenDSL" at a speed of currently up to 100 Mbit / s in download .

engagement

The company was the founder of the Thuringian Literature Prize from 2005, 2007 and 2009 . The award was given to Sigrid Damm , Ingo Schulze and Reiner Kunze together with the Thuringian Literary Society . It is continued today by the Thuringian Ministry of Education and the Savings Banks and Giro Association .

Together with the Köstritzer Schwarzbierbrauerei , TEAG supports a leading cycling team. From 2005 to 2013 the company was the main sponsor of the Thuringian Energy Team , which at times dominated U23 cycling in Germany. After the manager withdrew, the Thuringian energy team was finally dissolved.

literature

  • Hanno Trurnit: Thuringia in the flow of time . Ed .: Thuringian Energy. Frank Trurnit & Partner Verlag, Munich and Leipzig 1998, ISBN 3-00-002669-X .

Web links

Commons : TEAG  - collection of images

Individual evidence

  1. ↑ a b c d e business register. Bundesanzeiger Verlag, accessed on June 20, 2018 .
  2. ↑ Imprint. Thuringian Energy, accessed on June 1, 2015 .
  3. ↑ a b c d e f Annual Report 2017. (PDF) Thüringer Energie, June 4, 2018, accessed on June 20, 2018 .
  4. ↑ Portrait and facts. Thuringian Energy, accessed on June 20, 2018 .
  5. ↑ Electricity and gas from a single source . In: Thüringische Landeszeitung . October 5, 2005, p. 4 .
  6. ↑ Björn Lenz: Thüringer Energie fights with former parent company E.ON . In: Ostthüringer Zeitung . July 17, 2013, p. 4 .
  7. ↑ Critical balance after 5 years of TEAG . In: Thüringische Landeszeitung . June 14, 2018, p. 2 .
  8. ↑ Udo Leuschner: Short circuit: How our power supply became more expensive and worse . Monsenstein and Vannerdat, Münster 2007, ISBN 978-3-86582-451-6 , p. 303 .
  9. ↑ Hanno Trurnit: Thuringia in the stream of time . Ed .: Thuringian Energy. Frank Trurnit & Partner, Munich and Leipzig 1998, ISBN 3-00-002669-X , p. 204 .
  10. ↑ Markus Rauschnabel: Reorganization strategies of the Treuhandanstalt: The model of the management KG . Springer, Wiesbaden 1996, ISBN 3-8244-6411-X , p. 11 .
  11. ↑ a b c history. (PDF) In: 25 years of TEAG. Thüringer Energie, August 5, 2015, accessed on June 20, 2018 .
  12. ↑ Thuringia's energy suppliers merge . In: Handelsblatt . December 6, 1993, p. 13 .
  13. ↑ Bayernwerk takes over electricity supplier in Thuringia . In: Süddeutsche Zeitung . February 9, 1994.
  14. ↑ a b c Chronicle. (PDF) In: 25 years of TEAG. Thüringer Energie, August 5, 2015, accessed on June 20, 2018 .
  15. ↑ Contigas earnings increase after adjustment . In: Börsen-Zeitung . August 31, 1995, p. 9 .
  16. ↑ Matthias Wenzel, Rainer Martick: Gas - milestones for Thuringia from 1990 until today. (PDF) Thuringian Electricity History Working Group, October 30, 2014, p. 30 , accessed on June 29, 2015 .
  17. ↑ E.ON merges subsidiaries to form Thuringian Energy. In: Handelsblatt. Retrieved June 1, 2015 .
  18. ↑ a b Energy suppliers merge . Mammoth company in Thuringia. In: Leipziger Volkszeitung . July 15, 2005, p. 5 .
  19. ↑ a b Progress in the planned energy fusion . In: Thuringian General . July 12, 2005.
  20. ↑ The heart of the energy transition . In: Thüringische Landeszeitung . June 5, 2012, p. 11 .
  21. ↑ Fusion of electricity and gas suppliers perfect . In: Ostthüringer Zeitung . August 24, 2005.
  22. ↑ Bernd Jentsch: Red logo with white letters . Energy fusion in Thuringia about to be completed. In: Thuringian General . August 10, 2005, p. 11 .
  23. ↑ Bernd Jentsch: Start in a new outfit . In: Thuringian General . October 10, 2005.
  24. ↑ E.ON sells regional subsidiaries. In: Handelsblatt. June 4, 2012, accessed June 1, 2015 .
  25. ↑ Cities and municipalities want to take over E.ON Thuringia . June 5, 2012, p. 1 .
  26. ↑ E.ON Thuringia changes name . In: Thuringian General . April 26, 2013, p. 4 .
  27. ↑ Thuringian energy supplier gets a new name . In: Free Word . April 26, 2013, p. 22 .
  28. ↑ Norbert Kleinteich: Reservations about the Eon deal are too big . In: Free Word . December 1, 2012, p. 11 .
  29. ↑ IHK: E.ON purchase remains a high risk . In: Thuringian General . April 5, 2013, p. 15 .
  30. ↑ Position on the municipalization of E.ON Thüringer Energie. (PDF) IHK Südthüringen, December 5, 2012, accessed on June 1, 2015 .
  31. ↑ Jolf Schneider: Transparency please . In: Südthüringer Zeitung . April 3, 2013, p. 4 .
  32. ↑ Jolf Schneider: Transparency please . In: Südthüringer Zeitung . April 3, 2013, p. 4 .
  33. ^ Yvonne Reissig: New contracts, but still no clarity in the Eon deal . In: Free word = . March 9, 2013, p. 2 .
  34. ↑ Government sees the way clear for Eon purchase . In: Meininger Tageblatt . February 6, 2013, p. 1 .
  35. ↑ Ramelow calls for an energy concept . In: Meininger Tageblatt . September 12, 2012, p. 2 .
  36. ↑ Michael Plazzo: 5 details on the TEAG annual balance sheet 2017. European Economic Service, April 3, 2018, accessed on June 20, 2018 .
  37. ^ Susanne Silk: New Internet Age Started in Weimar . In: Thuringian General . April 23, 2015, p. 15 .
  38. ^ Peter Hagen: First public internet access in Bad Lobenstein on the net . In: Ostthüringer Zeitung . July 15, 2016, p. 14 .
  39. ↑ WLAN is now also available in the outdoor pool . In: Thuringian General . May 13, 2016, p. 11 .
  40. ↑ a b Management Board & Supervisory Board. Thuringian Energy, accessed on June 20, 2018 .
  41. ↑ Tino Zippel: Wind power expansion increases electricity price . In: Thuringian General . June 11, 2015, p. 9 .
  42. ↑ Energy generation in Thuringia. Regenerative and conventional generation. Thuringian Energy, accessed on June 20, 2018 .
  43. ↑ Electricity: Products and Prices. Thuringian Energy, accessed on June 20, 2018 .
  44. ↑ Wolf-Dieter Bose: Energy meters for the future . In: Thuringian General . January 1, 2010.
  45. ↑ Social tariff for electricity customers . In: Ostthüringer Zeitung . September 25, 2007.
  46. ↑ Natural gas: products and prices. Thuringian Energy, accessed on June 20, 2018 .
  47. ↑ Natural gas storage tank filled . In: Thuringian General . August 30, 2008.
  48. ↑ Gas supply is currently considered secure . In: Ostthüringer Zeitung . January 8, 2009.
  49. ↑ Clean energy from corn and sugar beet . In: Thüringische Landeszeitung . December 30, 2010.
  50. ↑ Katja Dörn: Big rush at the largest heating power plant in Thuringia . In: Ostthüringer Zeitung . August 28, 2017, p. 21 .
  51. ↑ Bernd Jentsch: Giant motor for electricity . In: Thüringische Landeszeitung . 23 September 2017, p. 5 .
  52. ↑ Energy solutions. Thuringian Energy, accessed on June 20, 2018 .
  53. ↑ Lecture on heat pumps and the energy pass . In: Thuringian General . January 19, 2008.
  54. ↑ Energy performance certificate for homeowners . Service on the Internet. In: Ostthüringer Zeitung . July 8, 2008.
  55. ↑ Energy supplier TEAG offers a complete electric car package. In: ecomento. June 2, 2017. Retrieved June 18, 2019 .
  56. ↑ TEAG AutoPackage: Complete package consisting of an electric car, wallbox and traction power. In: Going Electric. June 1, 2017, accessed June 18, 2019 .
  57. ↑ Volkhard Paczulla: E-mobility is making slow progress . In: Thuringian General . January 5, 2018, p. 2 .
  58. ↑ High-speed networks for the country . In: Ostthüringer Zeitung . May 1, 2010.
  59. ↑ DSL & Internet. Thuringian Energy, accessed on June 20, 2018 .
  60. ↑ Sabine Wagner: Fascinating Life Pictures . In: Ostthüringer Zeitung . November 7, 2005.
  61. ↑ Ingo Schulze warns of the state's withdrawal . In: Stuttgarter Zeitung . November 5, 2007, p. 11 .
  62. ^ Frank Quilitzsch: literary event . In: Thüringische Landeszeitung . February 21, 2009.
  63. ↑ a b Erfurt wheel talent factory before the new beginning . September 26, 2013, p. 21 .
  64. ↑ Peter Michaelis: On the move: The TEAG Team Köstritzer wants to remain competitive in the future . In: Thüringische Landeszeitung . October 11, 2005.
  65. ↑ The springboard for the talents remains . In: Thüringische Landeszeitung . November 23, 2005.

Coordinates: 51 ° 0 ′ 55.3 "  N , 11 ° 2 ′ 19.7"  E