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What strategies has MVV Energie been pursuing?
MVV Energie - Supplier of the Future - aims to be one of Germany's leading regional energy companies in ten years' time as well, with successful operations along the entire energy industry value chain.
Our growth strategy is based and dependent on efficient structures, continually optimised processes and uniform planning and controlling. In our municipal utility group, we aim to consistently exploit the enhancement and cost-saving potential available in our existing business. This way, we will secure our competitiveness and lay a foundation for further value-driven growth and sustainable dividends for our shareholders.
The MVV Energie Group sees numerous options and growth opportunities for its diversified business portfolio. Over the next ten years, we will be making around three billion euros available for investments in the future. Our aim is to acquire further market share in existing markets and to access new markets.
Investments will focus on renewable energies, energy-related services, district heating, building Block 9 at the large power plant in Mannheim (GKM) and sales to industrial customers. These measures will enable us to combine our contribution towards protecting the climate and resources with a sustainable improvement in the earnings power of our group of companies.
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What's the difference between the strategy used by MVV Energie AG and that of the major interregional utilities?
The major interregional utilities have divided up approximately 90% of existing generation capacity amongst themselves. Our distribution grids, on the other hand, provide us with direct access to energy consumers - access that we are expanding through our participations. Building on this advantage has allowed us to provide our customers with reliable energy service and solutions tailored to their individual energy needs. Establishing ourselves in this way as an energy distributor and value-added services provider with close ties to its customers has helped us to secure a competitive edge.
Our trading platform has also permitte us to purchase most of our electric power and, increasingly, our gas as bulk commodities at affordable prices. This, in turn, has allowed us to benefit from
competition on wholesale energy markets.
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