Nuclearelectrica and Electrica signed 6.3 million euros worth electricity supply contract - Romania, 23 June 2017  |  RADET recorded losses in 2016, ELCEN reported profit - Romania, 23 June 2017  |  Gas suppliers no longer obliged to mandatory gas reserves - Romania, 23 June 2017  |  Electricity price for households to increase by 8 % as of 1 July - Romania, 23 June 2017  |  Hidroelectrica’s profit increased by 26 % in the first five months of 2017 - Romania, 23 June 2017  |  EPCG offers electricity supply for 42 euros/MWh to KAP - Montenegro, 23 June 2017  |  Domestic production covered 60 % consumption in April - Macedonia, 23 June 2017  |  Solar panel boom expected in Hungary - Hungary, 23 June 2017  |  Rosatom interested in participating in NPP Belene project - Bulgaria, 23 June 2017  |  NPP Kozloduy to supply 50 % of electricity on Bulgarian liberalized market - Bulgaria, 23 June 2017  |  SHPP Ziraja 2 commissioned - Bosnia and Herzegovina, 23 June 2017  |  Tender for the construction of two HPPs - Albania, 23 June 2017  |  Bulgaria and Greece to speed up gas interconnection project - Region, 23 June 2017  |  Environmental impact assessment for TurkStream offshore section published - Turkey, 22 June 2017  |  Serbia expects positive assessment of its energy sector reforms - Serbia, 22 June 2017  |  Senvion to supply turbines for Alibunar wind farm - Serbia, 22 June 2017  |  Ten heating plants to switch to biomass - Serbia, 22 June 2017  |  Over-taxation of domestic gas producers benefits Gazprom - Romania, 22 June 2017  |  Montenegrin electricity exchange established - Montenegro, 22 June 2017  |  NPP Krsko plans to produce 5.9 TWh of electricity in 2017 - Slovenia, 21 June 2017

SGCC will acquire administrative rights in ADMIE – Greece, 16 June 2017

According to the new shareholders’ agreement, State Grid Corporation of China (SGCC), which has won on the tender for the purchase of 24 % stake in Greek electricity transmission system operator ADMIE, will also acquire administrative rights in the company, including the right to veto important decision and it would offered first choice if additional stake in ADMIE should be sold at some point In the future.
The agreement stipulates that the Managing Director of the company will be appointed with the written approval from SGCC. If there is some disagreement regarding the position, ADMIE will have to propose three new candidates and SCGG will be required to select one of them within seven days. The agreement also allows the Chinese company to opt out of ADMIE within six months due to failure to reach a friendly settlement in case of a disagreement with the Greek state, which means that the investor could even create an artificial crisis at ADMIE if it wanted out.

Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power and trading data, tenders)

Subscription fee: 800 EUR annually – company licensed

Balkan Energy NEWS service exists for over 10 years, and during that period, we earned trust of major European utilities, generators, traders and investment banks. We do not preserve good quality of service – we are constantly improving it, in order to always be one step ahead, and justify trust of our customers with quality.  Our trademark service is "Energy NEWS service", created as a response to expansion of energy market in South East Europe, with a goal to provide current and future market players with data and information for investments in energy sector and electricity trade.

Through our products, we cover countries of South East Europe: Albania, Bulgaria, Bosnia and Herzegovina, Croatia, Greece, Hungary, FYR Macedonia, Montenegro, Romania, Serbia, Slovenia and Turkey. We also publish news articles from Middle East, Eastern and Central Europe, when of influence to SEE

Balkan Energy products:

 

"Energy NEWS" service

  • PDF: SEE+Hungary Energy Daily: published 3 times per week (45-50 pages per edition)
  • PDF: Balkan Energy NEWS publication: published 2 times per month (90-110 pages per edition) + excel files<
  • Web portal: Database access to all published news articles, with date/country filters and search by keyword (+200 EUR annually on PDF subscription price)
  • In addition to being most complete and most affordable energy service for SEE, it is also company licensed with unlimited number of users.

     

    Month ahead forecast: HUPX and SEE Trading Tool

    Month-ahead report on HUPX price forecast, containing daily HUPX base price forecast, info on maintenance of generation units and many other useful information for electricity trading  in Hungary and SEE.

     

    Long term: HUPX and SEE PRICE FORECAST REPORT 2017-2026

  • HUPX PRICE FORECAST 2017 – 2026
  • SEE ELECTRICITY MARKETS FORECAST 2017 – 2026
  • MARKET DEVELOPMENT SCENARIOS for the next 10 years in Hungary and Southeast Europe
  •  

    Country Reports on Energy Business - All need-to-know energy info in one report!

    Country reports provide comprehensive overview of electricity sector for countries of South Eastern Europe. At the moment we have available up-to-date country reports for Bulgaria, Romania, Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Serbia and FYR Macedonia.

    For each country, our reports give description and data on:

  • General description of the electricity market
  • Consumption, production and export characteristics
  • Actualities – hot topics
  • Market liberalizations, electricity prices and tariffs
  • Key market players
  • Legislation and electricity market opening
  • Potentials for investments in power generation
  • Analyses of seasonal export/import trends
  • Detailed analysis of Cross Border Capacities
  • Country reports are updated every three months. For each ordered report, you will receive updates during one year period, free of charge. For ordering all of the reports together, additional discount can be applied.

    Send this to friend