as natural monopolies. The Danish distribution companies are subject to incentive-based regulation whereas Energinet.dk (Danish TSO) is subject to cost-of-service regulation. 5. Electricity transmission 5.1 Distribution companies There are roughly 60 distribution companies in Denmark owned by municipalities, cooperatives or commercial actors according to the Danish Energy Regulatory Authority’s website. In total, the 60 The distribution companies distribute around 14 TWh per year. 5 biggest distribute around 59 % of the total distributed consumption. The biggest distributor is Radius, which is owned by DONG, who has a market share of 27 %. Radius is a publicly listed company. The table below shows the top 5 distributing companies in Denmark. Table 1, The 5 biggest distribution companies in Denmark Company Ownership GWh/year Market share Customers Radius Publicly 3.900 27 % 1.000.000 listed SEAS NVE Private 1.800 13 % 400.000 net limited SE NET Private 1.400 9 % 360.000 limited NRGI Private 700 5 % 210.000 limited ENIIG Private 700 5 % 383.000 limited Source: Energinet.dk datahub As seen from table 1, 4 out of 5 of the companies are private limited, meaning it is the customers who own parts of the companies. Only radius is publicly listed as it is owned solely by DONG Energy, which recently had its IPO. These companies are, not surprisingly, geographically located in and around the biggest cities in Denmark.
as natural monopolies. The Danish distribution companies are subject to incentive-based regulation whereas Energinet.dk (Danish TSO) is subject to cost-of-service regulation. 5. Electricity transmission 5.1 Distribution companies There are roughly 60 distribution companies in Denmark owned by municipalities, cooperatives or commercial actors according to the Danish Energy Regulatory Authority’s website. In total, the 60 distribution companies distribute around 14 TWh per year. The 5 biggest distribute around 59 % of the total distributed consumption. The biggest distributor is Radius, which is owned by DONG, who has a market share of 27 %. Radius is a publicly listed company. The table below shows the top 5 distributing companies in Denmark. Table 1, The 5 biggest distribution companies in Denmark Company Ownership GWh/year Market share Customers Radius Publicly listed 3.900 27 % 1.000.000 SEAS NVE net Private limited 1.800 13 % 400.000 SE NET Private limited 1.400 9 % 360.000 NRGI Private limited 700 5 % 210.000 ENIIG Private limited 700 5 % 383.000 Source: Energinet.dk datahub As seen from table 1, 4 out of 5 of the companies are private limited, meaning it is the customers who own parts of the companies. Only radius is publicly listed as it is owned solely by DONG Energy, which recently had its IPO. These companies are, not surprisingly, geographically located in and around the biggest cities in Denmark.
Final-Danish-Power-Sector.docx