Euler Hermes Rating veröffentlicht neue Studie - Verdrängen neue Technologien deutsche Stadtwerke?
Hamburg (ots)
Die Euler Hermes Rating GmbH hat eine Studie zum Sektorumbau 2020 erstellt. Die Ratingagentur bewertet in der Studie, inwieweit traditionelle Geschäftsmodelle der Stadtwerke auf der Kippe stehen, welche Strategien die Versorger und Kommunen entwickeln und was das für ihre Überlebensfähigkeit bedeutet.
Die Studie zeigt, dass sich für zwei Drittel der kommunalen Versorger in Deutschland die finanziellen Kennzahlen bis 2020 erheblich verschlechtern werden. Rückläufige Energiepreise, die erhöhte Wettbewerbsintensität und innovative Technologien überregionaler und privater Anbieter sowie der defizitäre ÖPNV führen in den nächsten Jahren zu deutlich schlechten Ergebnissen.
Die Kommunalversorger müssen nach Einschätzung der Agentur ihre Investitionen zur Sicherung traditioneller und zum Auf- und Ausbau neuer Geschäftsfelder erhöhen und ihre Organisationsstrukturen grundlegend verändern. Kleinere Stadtwerke können die notwendigen Anpassungen nicht aus eigener Kraft bewältigen. Selbst für große Versorger mit vernetzten strategischen Partnern wird diese Entwicklung eine große Herausforderung sein.
Durch die technologie- und regulierungsbedingte Dynamik sowie strukturelle Personalüberkapazitäten unterliegen Investitionen und Restrukturierungen erhöhten Risiken.
Zukünftig erwarten die Kommunen verstärkt Dividenden- und Kapitalrückflüsse sowie Quersubventionierungen defizitärer Geschäftsfelder der Stadtwerke. Gleichzeitig werden kommunale Versorger aus Sicht von Euler Hermes Rating ohne strategische Investoren zur Erschließung neuer Erlösquellen, Technologien und Finanzierungen der Geschäftsmodelle nicht auskommen.
Euler Hermes Rating GmbH ist gemäß der Verordnung (EG) Nr. 1060/2009 des Europäischen Parlaments und des Rates als Credit Rating Agency (CRA) registriert sowie als External Credit Assessment Institute (ECAI) durch die BaFin anerkannt.
Weitere Informationen zu Euler Hermes Rating GmbH unter www.eulerhermes-rating.com.
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Euler Hermes Rating GmbH
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