German cartel office warns of rising market power among top energy suppliers
The Bundeskartellamt says RWE and LEAG hold significant market power as Germany phases out coal. This shift increases price risks and reliance on power imports.
Insights:
The Bundeskartellamt released its annual report on February 19, 2026, warning that market concentration among top producers in Germany 
DE has increased significantly. According to the findings, major utilities RWE and LEAG have now exceeded the threshold for market dominance, while EnBW is approaching that same level. This consolidation of power has reportedly heightened supply risks, raised the probability of higher electricity prices, and forced a greater reliance on energy imports to meet domestic needs.
DE has increased significantly. According to the findings, major utilities RWE and LEAG have now exceeded the threshold for market dominance, while EnBW is approaching that same level. This consolidation of power has reportedly heightened supply risks, raised the probability of higher electricity prices, and forced a greater reliance on energy imports to meet domestic needs.
