Re:Europe now has so much natural gas that prices just dippe...
by AlmostAnyone on Thursday October 27, 2022 @08:05PM
(#33365769)
Good examples. But what about the rest of the continent? And while these companies are the largest on their home markets, they're not the only ones there, are they? And they operate on foreign markets where they are a corporation like any other. For this we should consider only the home-based operation where they can have influence on the state policy, IMHO.
And what about EU rules against unfair competition? They basically force these companies to behave like any other market participant and forbid the state from giving them much/any help. This had real consequences in Poland and Czechia where the states wanted to help nuclear projects (in case of Czechia it was CEZ - the partially state-owned energy company) but the EU stopped it.
https://en.wikipedia.org/wiki/Vattenfall
Fortum, 50.x% owned by the finish state.
https://en.wikipedia.org/wiki/Fortum
Equinor, 67% Norwegian government.
https://en.wikipedia.org/wiki/Equinor
Ørsted, 50.x%. Danish state.
https://en.wikipedia.org/wiki/%C3%98rsted_(company)
EDF, 87% French state.
https://en.wikipedia.org/wiki/%C3%89lectricit%C3%A9_de_Franc...