Serbia-Energy.Eu SEE region weekly news digest 11/2014

21. March 2014. / SEE Energy News

Montenegro exclusive: Interview with Momir Grbovic, head of the Sector for the electricity trade Power utility company EPCG

Montenegro Power utility company EPCG production facilities exceeded plan for 21 percent last year. – This year’s electrical energy balance of Montenegro is characterized by excess quality, peak power. – Analysis confirmed that the production of HPP “Piva” can better valorize the energy market.

Republika Srpska exclusive: Swiss Comsar Energy, for construction of TPP “Ugljevik 3″ – 36 to 40 months

The Company „Komsar energy Republika Srpska” plans to start works on the construction of TPP “Ugljevik 3″ by the second half of this year.

Bosnia: Avaz discloses Rudnap trading mechanism with Bosnian Power utility company

On 3 January this year ,the state company ” Electric HZ HB ” signed the procurement contract  to obtain electricity supply with the company “Rudnap “, owned by a businessman Vojin Lazarevic from  Belgrade .

Republika Srpska: TPP Ugljevik for the first two months, the production plan exceeded

Coal mine and power plant / TPP / “Ugljevik” continued the positive trend of production made ​​in the first two months of this year, achieving results that exceed planned, said the executive director of the technical issues in the electricity giant of Srpska, Dragan Miljanovic.

Slovenia: Oil company Petrol expects a 12% increase in net profit this year

Petrol is the largest company in Slovenia for total revenue, and its business activities are based on the petroleum products trading with the fast – growing energy activities which include gas, heating, electricity, solutions for environmental protection and energy solutions.

Montenegro: Power utility company EPCG, Interview with Srdjan Kovacevic board directors chairman

Looking for a co-owner for the second unit, not for guarantee, choice of partners for the construction of thermal power plants in Pljevlja.A preliminary financial analysis will be made by the end of January ​​ and then we will have a clear picture of the economic feasibility of each of the four bids that have been shortlisted.

Bosnia: Avaz discloses Rudnap trading mechanism with Bosnian Power utility company

On 3 January this year ,the state company ” Electric HZ HB ” signed the procurement contract  to obtain electricity supply with the company “Rudnap “, owned by a businessman Vojin Lazarevic from  Belgrade

Montenegro, exclusive report: Key characteristics of the energy balance for 2014th, electricity surpluses projected

Montenegro electricity balance for 2014th is characterized by excess, mainly by high quality, peak power. Also, the balance will be achieved by “stringent” market rules than it was the case in the past.

Bosnia: “BiH Power Utility Company” received 755.000 EUR from the EIB for the wind farm “Vlasic”

FBiH Government adopted the Decision on approval for a grant acceptance from the European Investment Bank for the wind farm “Vlasic” in the amount of 755.000EUR, it was announced from ” BiH Power Utility Company”.

Bulgaria: Who eats profit of Bulgarian Nuclear Power Plant Kozloduy ?

The Bulgarian Kozloduy nuclear power plant ends 2013 with a forecasted profit of  19 508 469,49 EUR after taxes and with its production of 14,171,222,000 kWh of electricity , said the Deputy Executive Director , Aleksandar Nikolov , while presenting the results  of company to the media.

Albania: Authorities to suspend operating permit for 121 companies that exploit minerals

Minister of Energy and Industry in Albania has decided to suspend the mining operating permit licenses, which had 121 private enterprises .

Montenegro: Gov issues guaranties for loan to TSO company CGES

The Government has accepted the loan agreement between the EBRD and the Montenegrin electric transmission system TSO company CGES for the project of setting high voltage cable Tivat – Pljevlja.

Croatia: Reserves of oil of Croatia and the region is estimated at 747 million tons

It is estimated that the potential  of oil reserves of Croatia and the region are 740 million tons.  If it is proven that these reserves are credible

Slovenia: Oil company Petrol, Net profit in 2013 with 12% decrease

Slovenian energy group Petrol, which has more than 300 petrol stations in Slovenia and nearly 100 in Croatia last year, with $ 3.2 billion in net sales revenue and net profit

Montenegro: Seven mini hydro powers are building up in Pljevlja

Pljevlja could soon be richer by seven small hydro powers- a conceptual design for their building on the river  Cehotina was done by the company form Sarajevo” Extrem Engineering”, and the total investment is estimated at 337 million euros.

Albania: Production from the private hydropower plants contributes to the Albania power system

Last year the electricity production in the private hydropower plants was 250GW hours compared to the previous year.

Bosnia: FBiH Government accepted debt of 130 MEUR for the hydro power plants “Janjici” and “Vrilo”

FBiH Government accepted debt of BiH Federation according Loan Agreement,It is project between Kreditanstalt fur Wiederaufbau (KfW)

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