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10-04-06©THE HEREN REPORTS - Austria�s Verbund signs MOU with Croatia�s HEP
Austrian electricity producer Verbund has signed a memorandum of understanding (MOU) with Croatian electricity company Hrvatska Elektroprivreda (HEP), according to a statement issued by Verbund on Tuesday (11 October).
10-04-06©THE HEREN REPORTS - Cernavoda reactor to be operational from May
The second reactor at Romania�s Cernavoda nuclear plant will be operational by May, the generation unit�s operator said on Friday (6 th January). The 700 MW unit will operate at 40% of capacity from May, rising to 100% by the end of the year, a spokesman...
10-04-06©THE HEREN REPORTS - Enel sets its sights on six Turkish distribution companies
Italian power utility Enel is interested in acquiring sixTurkish electricity .Distribution companies due to be privatised before the end of 2005, Enel has said Enel chairman Piero Gnudi is currently in Istanbul and is involved in �talks� with several distributors, an Enel spokeswoman confirmed on Wednesday. The company is interested in both Turkish distribution and generation companies but distribution is being privatised first, Gnudi said on Tuesday. Gnudi is in Turkey with numerous Italian business executives investigating trade and investment opportunities....
10-04-06©THE HEREN REPORTS - OPCOM launches green certificates � bilateral, monthly contracts to come
Romania�s electricity market operator OPCOM has launched trading on the Centralized Green Certificates Market (CGCM), it announced on Wednesday....
10-04-06©THE HEREN REPORTS - EU/South East Europe Energy Community Treaty to be signed in Athens
The EU�s internal electricity market takes a step towards expansion into the Balkans, as representatives from the European Union, countries formed from the former Yugoslavia and South East Europe (SEE) meet in Athens on Tuesday (25 October) to sign the EU/SEE Energy Community Treaty....
10-04-06©THE HEREN REPORTS - EUR 52 million may go to Bosnia and Herzegovina electricity distribution grid
Bosnia and Herzegovina has applied for a EUR 52 million loan from the European Bank for Reconstruction and Development (EBRD) to overhaul and modernise the region�s electricity distribution infrastructure, enabling the three local power utilities - Elektroprivreda Bosne Hercegovine; Elektroprivreda Republike Srpske and Elektroprivreda Hrvatske Zajednice Herceg Bosne - to improve supply reliability and reduce losses, the EBRD said on Friday. Tendering for contracts should begin in Q1 2006, the EBRD said....
10-04-06©THE HEREN REPORTS - ITA planning 500 MW wind farm as Greek power bill heads for parliament
Greek energy company ITA is working to form a consortium of companies to build a EUR 600 million, 500 MW windfarm project by early 2006, due for commissioning by 2008, the company has said....
10-04-06©THE HEREN REPORTS - Greek government to submit draft law to further liberalise power market
Greece is to submit a draft bill to parliament to finalise the liberalisation of the country�s electricity industry on Tuesday, reports announced....
10-04-06©THE HEREN REPORTS - Transelectrica posts profit boost on increased sales and prices
Romania�s electricity transmission operator Transelectrica has registered a EUR 27.7 million profit for the first nine months of 2005, a 151% increase on Q1-Q3 2004. The company listed a EUR 219.1 million turnover in the period, itself a 44% rise on the same period in 2004, Transelectrica said....
10-04-06©THE HEREN REPORTS - EU/South East Europe Energy Community Treaty to be signed in Athens
The treaty, which aims to provide a stable, single electricity market for South East Europe, under EU-based legislation, will encourage the development of a regional gas market, according to sources from the �Athens Process� for regional energy cooperation. The process was launched by the EC and Stability Pact, which was set up to establish sustainable regional economic development and stability after the break-up of the former Yugoslavia....
10-04-06©THE HEREN REPORTS - Transelectrica to be listed on Romanian bourse by mid-December
Romania�s state-owned electricity transmission grid operator Transelectrica SA is to be partially floated on the Romanian stock exchange (BVB) on 15 December, the Romanian ministry of industry reported on Thursday (13 October).
10-04-06©THE HEREN REPORTS - Bulgarian electricity prices to may rise 16% after three years� stability
A 16% hike in the electricity tariff for low-voltage industrial consumers and a 6% increase for mid-voltage consumers is envisaged in a report presented to Bulgaria�s State Energy and Water Regulatory Commission (SEWRC) on 8th September, local reports say...
10-04-06©THE HEREN REPORTS - Ten companies express interest in Romania
Romania�s ministry of economy and commerce has announced a list of ten companies expressing a formal interest in the privatization of the country�s state-owned power distributor Electrica Muntenia Sud SA....
10-04-06©THE HEREN REPORTS - Ukrainian exports to Eastern Europe to rise 7%
Ukraine is to raise electricity exports to Eastern Europe by 7% in total for 2005, to a total of 4.476 billion kWh, and increase exported electricity prices by 14%, the Fuel and Energy Ministry has reportedly said....
10-04-06©THE HEREN REPORTS - Bulgarian nuclear power plant need not close at all, experts say
Pressure from the European Union to close two more units of Bulgaria�s Kozloduy nuclear power plant (NPP) by end of 2006 may not only turn the country from a net electricity exporter to a net importer, but could resonate beyond the region, Bulgarian industry experts have told The Heren Report. Moreover, the Bulgarians are arguing strongly that the Kozloduy units could and should receive the sort of licence extensions becoming commonplace throughout western Europe....

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