In Hamburg, a number of public enterprises were privatized in the past. In particular, in the last decade they have been sold from fiscal policy considerations including the urban energy utilities (Hein Gas Hamburger GmbH (since 2003 E.ON Hanse), Hamburg Electricitäts -Werke AG (since 2002 Vattenfall). The new owners (Swedish government owned enterprise Vattenfall) focused on their investment in a new coal fired power station (Moorburg). Thereby the enterprise has counteracted, Hamburg’s ambitious goal to reduce its energy-related carbon dioxide emissions by 40 percent over the 1990 level by 2020. The government of Hamburg could not prevent the new coal fired power station Moorburg. As a response to that the City government founded the Hamburg Energie GmbH (TAZ 2009). The 100-percent subsidiary of the municipal water supplier in Hamburg water has the target to regain, lost energy policy influence. Since 2010 there is a movement Our Hamburg, our grid. 50,9% of the citizens voted for a remunicipalization of grid and gas in a referendum on 22nd September 2013. According to the successful referendum, the city should compete in the 2014 reallocation of concessions against the previous concessionaire bidders Vattenfall (power) and E.On (grid). The licenses will be awarded by the City of Hamburg under the supervision of the Federal Network Agency and the Federal Cartel Office to the suitable candidates. Already, in April 2012 the SPD government has approved a remunicipalisation of 25,1% of the grid for Gas (E.On), district heating (Vattenfall), and electricity (Vattenfall).