|10-04-06||©THE HEREN REPORTS - Romania�s spot market reaches 7% of power consumption|
Romania’s Day-ahead market (DAM) volumes have grown to reach 7% of the forecast net consumption during the first year of trading under its revised trading arrangements.
|10-04-06||©THE HEREN REPORTS - Bulgaria encourages wind power production with higher tariffs|
Bulgaria is planning to stimulate investment in wind power generation with a 46% increase in the selling price from 1st January, 2007.
|10-04-06||©THE HEREN REPORTS - Romania shortlists 13 companies for a stake in Cernavoda NPP extension|
Romania has announced that 13 companies will compete for a stake in building units 3 and 4 of the Cernavoda nuclear power plant (NPP). These include Belgium’s Electrabel, Gabriel Resources from Canada; German giants E.On and RWE; Italy’s Enel; KHNP from South Korea; US company AES and Romania’s Electrica Bucharesti. Three consortiums have also bid, including Canada’s AECL and Italy’s Ansaldo, another with Romania’s Asam-Tess Conex and an international consortium between Luxembourg’s Unit Investments and several Turkish companies. Both companies involved in constructing unit 2 for 2007 have also been short-listed: Canada’s AECL as part of a consortium, and ALRO Slatina.
|10-04-06||©THE HEREN REPORTS - Enel wins Romania�s Electrica Muntenia Sud tender|
Italian Enel submitted the winning bid for Romanian distribution company Electrica Muntenia Sud, securing the tender for a 67.5% stake from the Romanian government with a bid of EUR 820 million....
|10-04-06||©THE HEREN REPORTS - Romania TSO announces plan for 10% listing|
Romania’s transmission system operator Transelectrica has announced it plans to list 10% of its shares on the Bucharest stock exchange in the second half of June....
|10-04-06||©THE HEREN REPORTS - CEE to ease restrictions on power trading|
Regulators in Central and Eastern Europe are bowing to pressure and easing the regulations that discourage new entrants into their power trading markets. Slovenia has led the way to deregulation with an expected adjustment to the energy laws to enable wholesale traders in other markets to enter without meeting expensive and time-consuming conditions to obtain trading licences. The amendments are due to be adopted at the end of June for entry into force in mid-July, encouraging new entrants into the country’s burgeoning power market with wholesale licences gained elsewhere.
|10-04-06||©THE HEREN REPORTS - American AES begins construction on 670 MW Bulgarian plant|
US power giant AES has begun construction of the Maritza East I lignite-fired 670 MW power plant in Bulgaria, at a cost of US$ 1.4 billion (EUR 1.1 billion).
|10-04-06||©THE HEREN REPORTS -Two break away in race for Electrica Muntenia Sud stake|
Two bidders have offered more than EUR 750 million for a stake in Romanian power distribution company, Electrica Muntenia Sud, according to Ioan Codrut Seres, the Romanian minister of economy and commerce on Wednesday (10th May).
|10-04-06||©THE HEREN REPORTS - EC raids Hungarian power wholesaler on anti-competition suspicion|
The European Commission raided the offices of Hungarian power companies MVM and Mavir on Tuesday (16th May) morning, stating that the companies were under suspicion of restricting access to the network through long-term contracts.
|10-04-06||©THE HEREN REPORTS - CEZ reports 39% rise in net profit delays listing on CO2 volatility|
Czech-based generator and distributor CEZ reported healthy results for Q1 2006, with operating revenues increasing by 26% year-on-year (y-o-y) to CZK 41.5 billion (EUR 1.47 billion), while net profits were up even more significantly, by 39% to CZK 10.4 billion.
|10-04-06||©THE HEREN REPORTS - OPCOM to trade CO2|
Romanian energy exchange, OPCOM, is ready to launch CO2 allowances trading as soon as the national registry is up and running, The Heren Report has learnt. The exchange, which operates the Romanian Day-ahead market, said it is awaiting pending government legislation to set up the service....
|10-04-06||©THE HEREN REPORTS - Bulgaria’s NEK to unbundle grid business for EU accession|
Bulgaria’s national power utility has proposed splitting its activities between two companies to liberalise its power markets for EU accession in 2007....
|10-04-06||The News are only in romanian version!|
|10-04-06||©THE HEREN REPORTS - Turkey to build its first nuclear power plant � report|
Turkey is to build its first nuclear power plant at Sinop on the Black Sea coast, it was reported on Tuesday (14 th February). �The prime minister�s office and ...
|10-04-06||©THE HEREN REPORTS - Bulgaria gets go-ahead for first wind farm|
Construction of Bulgaria�s first wind farm has been given the green light, said Bulgarian engineering firm Yomi. The 120 MW wind farm will be built at Kavarna on the Black Sea end of the Balkan mountain range. A source at Yomi, which is involved in the p
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