EU act against power engineering firms over price fixing

6 May 2006 - Several makers of heavy electrical equipment have been charged by the European Commission (EC) of fixing prices for gas-insulated switchgear used in power substations. The EC has issued letters setting out the charges.

The Commission, without identifying the companies, said on Thursday that raids carried out last year had led to the charges. "The European Commission can confirm that it has recently sent a statement of objections to a number of undertakings regarding their alleged role in a cartel for gas insulated switchgear," it said in a statement.

ABB said Thursday that it had been granted conditional immunity because it had co-operated but refused to comment further. ABB said in 2004 that it had discovered price fixing and that two managers had been dismissed as a result.

France's Areva SA confirmed it had been charged. Siemens of Germany said it was aware of the ongoing investigation and was co-operating but refused to comment on whether it had been charged.

The Commission said the companies involved had fixed prices and allocated contracts in the European Economic Area, which includes the 25-member European Union and three other countries.

Gas insulated switchgear is heavy, expensive equipment that controls the flow of energy. It is sold as a distinct product, and also as part of fully functional power substations.

Sponsored by FLSmidth

Related Articles

Poised for Growth

One year ago, California adopted the nation's first energy storage mandate for investor-owned utilities. The new mandate is accelerating the development of emerging storage technologies. Power Engineering examines the market for grid-scale energy storage in North America.

Report: U.S. able to connect large amounts of offshore wind to U.S. grid

The Energy Department (DOE), in partnership with ABB (NYSE: ABB), the National Renewable Energy Laboratory (NREL), Duke Energy (NYSE: DUK), and the University of Pittsburgh released a report that considers the availability and potential impacts of interconnecting large amounts of offshore wind energy into the U.S. power grid.

Follow Power Engineering on Twitter
Latest News
EPA allows one claim to stand in Sierra Club appeal of Schiller air permit

EPA allows one claim to stand in Sierra Club appeal of Schiller air permit

U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy signed a July 28 order...
Western states win injunction against ‘Waters of the United States’ rule

Western states win injunction against ‘Waters of the United States’ rule

A federal judge in North Dakota on Aug. 27 granted a request by Colorado and twelve other sta...
Exelon-Pepco release statement, say D.C. Public Service Commission failed to see merger's 'substantial' customer benefits

Exelon-Pepco: Regulators failed to see merger's 'substantial' customer benefits

Despite a unanimous rejection from regulators in the nation’s capital, power companies Exelon...
Makai’s plant will generate 100 kW of sustainable, continuous electricity – enough to power 120 homes in Hawaii each year.

Makai Ocean Engineering connects world's largest OTEC plant to U.S. grid

Makai’s plant will generate 100 kW of sustainable, continuous electricity – enough to power 1...
Canadian Solar sells stake in Tranquility solar power project in California to Southern Power

Canadian Solar unit sells solar power project stake to Southern

Canadian Solar Inc. said its subsidiary sold its ownership stake in a 200-MW solar power proj...
Plant Vogtle construction costs down in first half 2015

Plant Vogtle nuclear expansion spending down in first half of 2015

Georgia Power said in a report that the utility estimates it will spend less on construction ...
Renewable energy developer Cypress Creek Renewables building 2 utility-scale solar farms in South Carolina

Renewable energy developer Cypress Creek Renewables building 2 utility-scale solar farms in South Carolina

Cypress Creek Renewables is investing more than $20 million in new projects in South Carolina.
The Nuclear Regulatory Commission on Thursday cited a

US regulators, Millstone nuke plant settle dispute

The parent company of Connecticut's nuclear plant and federal regulators have reached a settl...

Power Engineering Current Issue

01/01/2015
Volume 119, Issue 1
1501pe-cover-lg
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Buyers Guide Company Listings

Power Industry Wire News

Poll Shows Americans United in Need for Police Body Cameras: Vast Majority of Americans Prefer 2nd Generation Police Body Cameras

Poll Shows Americans United in Need for Police Body Cameras: Vast Majority of Americans...

Sunergy Management and Its IPP Partner Has Received an Invitation From the Government of Liberia to Attend the US-Liberia Trade and Investment Forum Held in NY on September 16

Sunergy Management and Its IPP Partner Has Received an Invitation From the Government o...

UGE International and Alpha Energy to Collaborate on Microgrid Projects

UGE International and Alpha Energy to Collaborate on Microgrid Projects

Mid-Atlantic Aviation Partnership to Explore Tethered Drone Commercialization With Drone Aviation Holding Corp.

Mid-Atlantic Aviation Partnership to Explore Tethered Drone Commercialization With Dron...

Perma-Fix Medical S.A. Announces Successful Completion of 6 Curie Tests With Scale-Up of Its Non-Uranium Process to Procure Technetium-99m

Perma-Fix Medical S.A. Announces Successful Completion of 6 Curie Tests With Scale-Up o...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>