Decision of the Competition Authority on natural gas markets
GDF SUEZ has been informed by the Competition Authority of its decision issued today related to a request for protective measures made by an alternative supplier in the natural gas and electricity sectors.
The Group is currently studying all available options, including that of appealing the decision.
GDF SUEZ firmly refutes any accusation that it has abused a dominant position. The Group would point out that natural gas markets are already highly competitive, having been so since the non-household customers market was progressively opened to competition in 2000 and 2004, followed by the household market in 2007.
With regard to the household market, alternative suppliers hold a 14.7% market share in relation to consumption sites and 14.9% in terms of annual consumption volume and account for 58.6% of gross sales (Electricity and gas market observatory, Q1 2014 – CRE).
In the non-household market, alternative suppliers hold a 26.2% market share with regard to consumption sites, 49.6% in annual consumption volume, and account for 60% of gross sales (Electricity and gas market observatory, Q1 2014 – CRE).
GDF SUEZ develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: independent power production, liquefied natural gas, renewable energy and energy efficiency services. GDF SUEZ employs 147,400 people worldwide and achieved revenues of €81.3 billion in 2013. The Group is listed on the Paris and Brussels stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).