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Denmark: Higher insurance premiums for power stations

Article Abstract:

Power stations in Denmark will see their insurance premiums rise by between 50 and 100% as a result of the 11 September terrorist attacks in the US. In general, companies with major concentrations of valuable facilities and operations that are vital for the society will be hard hit by the terrorist attacks. According to Henrik Hildebrandt, MD of Marsh, the leading insurance broker in the power station industry , says insurance premiums to power stations in Germany and France will be raised by up to 300% whereas in Denmark the increase will range between 50 and 100%.

Legal issues & crime, Direct Property and Casualty Insurance Carriers, Surety insurance, Commercial Property & Liability Insur, Business insurance

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DENMARK:OK TO CO-OPERATE WITH STROM

Article Abstract:

OK, the consumer-owned oil company, has signed a co-operation deal with Strom A/S, which is the subsidiary of the Swedish power company Vattenfall. Under the deal, Strom will supply electricity solutions that are to be sold through OK's nation-wide sales organisation. OK is braced to sell electricity to private Danish clients once the deregulation of the electricity market takes effect by 2003.

Joint ventures, Vattenfall AB, OK, Strom A/S

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Denmark: Energi Fyn dropped as train energy supplier

Article Abstract:

Banestyrelsen, the Danish Railway Agency, has dropped Energi Fyn as the supplier of electricity to railway traffic. It has instead opted for Nesa and Elektra Energihandel A/S and Kobenhavns Energi. They will start as from 1 October. According to Banestyrelsen, the new companies proved cheapest in a comparison.

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