Serbia-Energy.Eu SEE region weekly news digest 12/2014

28. March 2014. / SEE Energy News

Republika Srpska: TPP Ugljevik modernization cycle, 100MEUR for FGD project and 10MEUR for ESPs

The future and the survival of the Mine and Thermal power plant ” Ugljevik ” are guaranteed until 2039th  through obtained concession for the coal exploitation and based on investment exceeding 110 MEUR stated Milan Mirkovic , Head of the Unit ” Thermal power plant “of RiTe “Ugljevik”.

Bosnia: Projects of Electric Power Industry of BIH: Bids for Block 7 PP Tuzla in April

Construction of  HPP Janjići should  begin next year, all thanks to the approval by the Government of the Federation, the majority shareholder that gave to the BiH of Electric Power Industry to borrow at KfW, a German development bank.

Montenegro: Foreign investors not interested in Moraca river HPPs

The Ministry of Economy has announced that for the construction of hydropower plant system  on the Moraca river, there is no interest of foreign investors.

Montenegro exclusive report: Electric Power Industry of Montenegro and Serbia broke the contract, Electricity from HPP Piva goes on the market

In January, Electric Power Industry of Montenegro and Serbia terminated their contract regulating the usage and trade of electricity from hydropower Piva, after contract has been in effect for 23 years.

Croatia exclusive: Power utility holding HEP invests 208, 86 MEUR in the rehabilitation of hydropower plants

Chairman of the HEP Board, Tomislav Seric stated that Croatia Power utility holding HEP in defining investment priorities would choose a strategy of risk diversification and trends monitoring in investment decisions.

Slovenia exclusive: SEE region electricity trader GEN-I marks successful market development in Serbia and Croatia

Slovenia GEN-I Group, one of the largest electricity retailers in Central and Southeast Europe, held the  Meeting of Group GEN-I Partners in its headquarters in Krsko, which for the first time was attended by partners from Croatia.

Slovenia: Regional electricity trader GEN-I marks successful financial result in 2013

Slovenian energy group GEN-I achieved an income of 1.28 billion euros in the 2013, which is about 20% lower than last year, yet its net profit increases for 20%, accurately for 9.7 million, said General Manager Robert Golob at a press conference that was held at the beginning of this week in Krško.

Croatia: Power utility HEP should participate in the construction of NPP Krško 2

A new list reporting on meeting of business partners Slovenian Gen – I- I in Krško writes that CEO of Gen Energy Novšak Martin said it would be logical to HEP to participate in the construction of a new block in Krško .

Bosnia: Power utility EPBiH published a tender for construction of HPP “Vranduk”, Delivery of documents to 17th April

” Electric Power industry of BIH ” announced the international invitation for pre-qualification of companies and consortia for the construction of HPP “Vranduk.”

Romania: ALSTOM launches 8 large energy projects in Romania

Alstom operates in Romania on 8 major projects, including the contract signed with Metrorex 2004, which is valid for 15 years, and it includes 4 installation at the plant Rovinari,

Romania: State owned electricity producer Hidroelectrica sells five times less energy than planned

Romanian state owned electricity producer Hidroelectrica, has sold energy in the amount of 13.5 million RON, or 3 milion euros to the local energy exchange OPCOM

Albania: Is Albania facing power restrictions?

Hydrological situation in Albania is alarming due to the lack of rainfall during the winter and great droughts in the recent months. According to the Albanian Energy Corporation (KESH)

Bosnia: Increased power generation, electricity exports increase for 27%

Bosnia produced 14.3% more electricity. Strong production growth from the Bosnian hydro and thermal power plants.

Bosnia exclusive: EBRD approved a loan of 35 MEUR for HPPs “Una” and “Vranduk”, Contracts for works will be with an international tender, the report

While waiting on the tender for construction of HPP “Vranduk”, European Bank for Reconstruction and Development, which is the project financier, invited the interested parties in the project of construction of this hydropower plan

Croatia: Oil company Ina dissatisfied with higher costs for exploitation of oil and gas

Ina this year and in the next year will have to pay 32,5 million euros to 52 million more for the exploitation of hydrocarbons. Governmentadopted two days before the Regulation on compensation for the exploration and exploitation of hydrocarbons

Albania: HPP Asta generated 267 GW last year

The largest country’ concession power plant “Asta” finished its first operating year with production of 267 GW or 11 percent more that it was planned. Good water supply from the river Drim influenced at good results.

Croatia: HPPs are the family silver of power utility HEP and the state

In  26 hydropower plants of Croatia power utility company HEP, which make more than half of the production capacity of the Croatian power system, the certified green energy is produced. Thanks to them, the total energy consumption

Bulgaria: Will Bulgaria again nationalize power distribution companies?

Bulgaria has privatized power distribution companies at the beginning of 2000. Now the owners of the electricity distribution companies are Czech companies CEZ and  Energo-Pro, and Austrian company EVN.

Romania: EC fines Romanian energy market operator OPCOM 1 million euros

The EC found that OPCOM has discriminated for five years the EU-based electricity traders outside Romania.

Romania:Enel’s 2013 operational profit in Romania 289 million euros, up 25 percent

The Italian utilities company Enel operational profit in Romania amounted to 289 million euros in 2013, up 25 percent from 2012, when it stood at 231 million euros

Albania exclusive report: HPPs market, private investors and electricity generation & trading, what are the realistic scenarios and results of concessions usage

The new government seems to have ” frozen ” for some time the agreement with private small hydro power plants . Talks are underway of a review period ” step by step ” for contracts signed or those in the process

Albania exclusive: Electricity market and power generation, the actial status and influencing factors, the report

Or how dreams of a ” small energy superpower in the Balkans ” is turning into a nightmare for tens of million of euros of loss for the public budget and the Albanian taxpayers . Destruction of power utility company KESH and the state budget

Macedonia: EBRD to finance gasification network construction

Construction of the highway gas network during its first phase , which covers sections Kavadarci – Stip , Bitola , Stip , Strumica and Skopje – Tetovo – Gostiva

Bulgaria: EVN to claim 1B EUR if gov nationalize its DSO company

The electricity distributing company EVN has hired an international lawyer and plans to sue Bulgaria for EUR 1 B if its business is nationalized.

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