Energy News in Southeast Europe two issues per month № 2010-V/1 •17.05.2010
About: In this issue:
Main focus of Balkan Energy NEWS is energy related news from coun- May (1) 2010 edition of Balkan Energy NEWS, with tries of South East Europe. Countries involved are: Albania, Bulgaria, Bosnia and Herzegovina, Croatia, Greece, FYR Macedonia, Montene- limited data. gro, Romania, and Serbia. Besides all regional energy related news, You can request free trial / latest issue on we are giving you in each issue one market analysis and review of the tenders announced and held in this area. You will be also able to see [email protected] review of relevant power exchanges.
News are published to subscribers only as an .pdf edition, two times per month Actual data Balkan Energy NEWS consulting: »» Power sector operational and market data for the period of 01.05.-15.05.2010. BalkanEnergy NEWS Consulting »» ATC auctions for Balkan region Consulting, intellectual and assistance services »» Forecasted weather conditions for the following period related to energy business in South Eastern Europe § § § Analysis: Why Balkan Energy NEWS consulting? »» Hydro generation in Montenegro (current status and - More than six years in consulting business for SEE Energy Sector announced/ongoing projects) - More than five years leading info provider for energy business in SEE. § § §
For more information contact us on [email protected] News headlines Bosnia and Herzegovina: Disclaimer: »» TPP Gacko back in service after annual overhaul All rights reserved by Balkan Energy Solutions Team. No part of this pub- »» EP BiH: hybrid filter in TPP Kakanj in trial operation lication may be reproduced, redistributed, or in any other way copied as »» Dongfang Electric Corporation won turnkey contract for a whole or partially without written permission of Balkan Energy Solu- construction of TPP Stanari tions Team. This includes internal distribution. »» EP BiH: construction of HPP Vranduk might start in October Balkan Energy Solutions Team does not warranty the accuracy of the »» HPP Mostarsko Blato put in trial operation published data contained in this document, although Balkan Energy »» Tender for unit 7 in TPP Tuzla prolonged, government Solutions Team did great efforts to collect the data from the respectable changed tender terms and accurate sources. »» Energy minister: ERS will not be privatized Contact: Balkan Energy News office www.NEWS.BalkanEnergy.com Bulgaria: [email protected] »» PM Borisov: Serbia to acquire 5 % stake in NPP Belene Subscriptions & info: »» 21 MW wind farm in Shabla put in service [email protected] »» Regulator again fined CEZ for delays in billing procedure www.news.balkanenergy.com/request.php »» SEWRC to complete audits in electricity distributors by July +381 64 820 90 31 1 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers periodIssue 1.5.2010-15.5.2010 No: 2007-III/1 »» Energy regulator: possible increase in natural gas and Serbia: heating tariffs from July 1 »» EPS: Tender for modernization of CHPP Novi Sad enters final »» EC rejected request for prolonging the environmental stage deadlines for five TPPs »» Memorandum of understanding for environmental protec- »» Hydropower project Gorna Arda to be restarted in two tion in future thermal power project in Kovin months »» Kolubara mine produced 10.27 million tons of lignite in »» Government to sell its stake in electricity distributor E.ON January-April »» CEZ invested 8.8 million euros in electricity grid during »» Energy minister: final contract for modernization of TPP January-April Kostolac B to be signed in July »» Real States to build 80 MW solar power plant »» EPS urged government to speed up tenders for TPPs Kolubara B and Nikola Tesla B3 Croatia: § § § »» HEP and Plinacro to enter LNG project on Krk Island »» INA started new exploration drillings in Syria Tenders: (Electricity, Nuclear, Oil and gas, Wind) »» INA posted 18 million euros loss in Q1 »» HEP posted 21.3 million euros of profit in 2009 »» HEP announced end of heating season »» Competition regulator cancelled sale of Crobenz »» Former head of HEP arrested over damaging electricity sale contract, investigation could lead to former prime minister
Greece »» PPC union strikes again »» Qatar to invest 5 billion EUR in Greece
Macedonia »» ELEM to modernize 3 units in TPP Bitola »» Possibility for TPP Oslomej to become gas fired TPP »» KOSEP, Samsung and Inval to construct wind farms
Montenegro: »» French Sechilienne Sidec only bidder in tender for Maoce coalmine Romania: »» Romgaz demands 5 % increase in natural gas storage tariffs »» Unit 1 in NPP Cernavoda undergoes annual maintenance »» EC Craiova to invest 115 million euros for environmental projects until 2012 »» EBRD and EC Turceni postponed negotiations on 150 million euros loan »» OMV Petrom posts 196 million euros of profit in Q1 »» Economy minister: potential construction of 400 MW power plant in Galati »» Romania, Georgia and Azerbaijan established joint natural gas company »» Transelectrica posted 12.24 million euros profit in Q1 »» Transgaz posted 30 % increase in profit in Q1
2 Balkan Energy NEWS publication
• Energy news for SEE countries • Power market data per country (consumption/generation/export) • Electricity exchange trading data (HUPX, OPCOM, EEX, BSP) • Market analysis • Auctions for allocation of Available Transmission Capacities (ATC) • Energy tenders
NEWS: Our articles cover everything what can be important for producers, consumers traders and investors: ongoing projects for electricity generation, announced projects for electricity generation, changes in legislation, privatizations, hot topics, announce- ments for tenders, tender results, renewable energy, investments in transmission and distribution grid, electricity generation, con- sumption, export info, actualities related to natural gas and oil sectors, in fields of production and exploration of hydrocarbons and pipeline projects.
DATA: Our publication gives you overview of all important data on electricity generation, consumption, export, for both hourly and daily values, which is also delivered to subscribers in excel file (including tables and graphs). Electricity trading data, for day ahead and futures on important European power exchanges (HUPX, OPCOM, EEX, BSP) is also published, with annual comparisons and dif- ferences. Monthly auctions for allocation of Available Transmission Capacity (ATC) for relevant borders are also included.
ANALYSES: What makes us different from other news providers? Beside all important energy related news, in each edition we are publishing one market analysis, on various topics. List of already published editions (with analyses) can be found on our website (is- sues from 2006, 2007 and 2008 are free for download, as well as sample issues from recent years).
TRADITION: Since 2005, we have published 210 editions of Balkan Energy NEWS publication. Balkan Energy NEWS service exists for over 10 years, and during that period, we earned trust of major European utilities, generators, energy traders and investment banks
Annual company subscription - 800 EUR Two editions each month - 24 editions per subscription! Country Reports on Energy Business
For our “We are more than a news service” campaign, we prepared several Country Reports on Energy Business in South Eastern Europe. At the moment we have available up-to-date country reports for Bulgaria, Romania, Slove- nia, Croatia, Bosnia and Herzegovina, Montenegro, Serbia and FYR Macedonia. For each country, our reports give description and data on:
• Overview of the electricity market, 40% discount on April 2014 • Consumption, production and export characteristics • Actualities – hot topics update of Country Reports • Key market players, (290 EUR instead of 490 EUR) • Legislation and electricity market opening • Electricity prices and tariffs, • Potentials for investments in power generation, • Privatizations in power industry • Current state of RES sector
Price of individual reports is 290 EUR per country, and they 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.
Subscribers of Balkan Energy NEWS publication are entitled to additional discounts on Country Reports orders.
• Country Report on Energy Business in Bosnia and Herzegovina – 67 pages • Country Report on Energy Business in Bulgaria – 72 pages • Country Report on Energy Business in Croatia – 61 pages • Country Report on Energy Business in Macedonia – 51 pages • Country Report on Energy Business in Montenegro – 59 pages • Country Report on Energy Business in Romania – 72 pages • Country Report on Energy Business in Serbia – 80 pages (free to download) • Country Report on Energy Business in Slovenia – 42 pages
If you wish to order Country Reports on Energy Business or have any questions, contact us on: Email: [email protected] Tel: +381 64 820 90 31 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers periodIssue 1.5.2010-15.5.2010 No: 2007-III/1
Power exchanges data:
Bosnia and Herzegovina: Electricity production in last 15 days (MWh)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1.5.2010 1486 1376 1325 1308 1309 1319 1376 1613 1757 1838 1822 1778 1724 1705 1673 1650 1645 1653 1634 1698 1900 1922 1791 1615 2.5.2010 1393 1297 1272 1275 1272 1264 1298 1506 1704 1812 1827 1837 1783 1749 1740 1720 1715 1687 1720 1811 1941 1920 1783 1591 3.5.2010 1355 1291 1262 1245 1244 1272 1332 1584 1776 1856 1891 1894 1866 1863 1862 1879 1852 1806 1811 1863 2063 2053 1882 1673 4.5.2010 1415 1315 1288 1282 1291 1331 1480 1720 1908 1953 1934 1946 1939 1929 1969 1984 1954 1894 1909 1988 2070 2028 1880 1683 5.5.2010 1562 1537 1487 1499 1492 1535 1664 1878 2060 2060 2073 2093 2088 2108 2130 2096 2100 2079 2097 2140 2264 2206 2084 1883 6.5.2010 1729 1521 1506 1497 1490 1528 1662 1881 2047 2106 2054 2061 2096 2121 2101 2072 2060 2042 2029 2128 2239 2253 2092 1934 7.5.2010 1658 1595 1553 1572 1565 1575 1692 1943 2103 2164 2151 2186 2160 2166 2194 2171 2131 2124 2106 2133 2262 2285 2114 1898 8.5.2010 1680 1597 1570 1575 1562 1580 1657 1860 2062 2142 2146 2171 2151 2138 2179 2161 2113 2092 2080 2156 2274 2231 2074 1917 9.5.2010 1699 1606 1563 1539 1535 1530 1554 1775 1990 2108 2117 2124 2121 2099 2076 2054 2041 2024 2007 2069 2255 2284 2110 1888 10.5.2010 1643 1547 1512 1507 1510 1556 1715 1962 2127 2165 2150 2178 2146 2162 2179 2178 2146 2116 2086 2157 2303 2312 2146 1916 11.5.2010 1592 1528 1465 1451 1466 1495 1679 1882 2048 2079 2072 2112 2111 2104 2123 2118 2108 2064 2071 2126 2252 2256 2060 1842 12.5.2010 1676 1588 1554 1549 1548 1563 1690 1931 2105 2129 2099 2124 2112 2112 2141 2127 2114 2057 2043 2079 2215 2224 2071 1881 13.5.2010 1679 1589 1564 1551 1558 1580 1690 1940 2110 2138 2119 2117 2131 2126 2115 2114 2072 2037 2023 2043 2192 2232 2138 1929 14.5.2010 1675 1601 1566 1566 1566 1560 1711 1947 2145 2187 2171 2185 2174 2175 2166 2146 2133 2108 2050 2103 2154 2157 1977 1874 15.5.2010 1683 1572 1502 1483 1490 1504 1602 1822 1999 2123 2138 2110 2115 2110 2140 2111 2058 2028 2016 2089 2204 2170 2005 1874 Average: 1595 1504 1466 1460 1460 1479 1587 1816 1996 2057 2051 2061 2048 2044 2053 2039 2016 1987 1979 2039 2173 2169 2014 1827
Bosnia and Herzegovina: Electricity consumption in last 15 days (MWh)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1.5.2010 1050 964 908 876 890 888 953 1127 1216 1283 1245 1207 1152 1124 1108 1076 1059 1046 1049 1143 1381 1380 1244 1105 2.5.2010 979 878 845 817 816 816 864 1003 1151 1267 1267 1251 1230 1196 1179 1156 1142 1124 1145 1213 1381 1362 1220 1069 3.5.2010 942 872 841 814 822 841 910 1089 1239 1333 1359 1346 1336 1340 1352 1351 1321 1258 1259 1320 1547 1523 1337 1147 4.5.2010 992 899 867 857 873 913 1051 1270 1348 1389 1367 1363 1370 1378 1415 1416 1380 1319 1351 1420 1567 1522 1349 1179 5.5.2010 991 958 870 881 882 951 1068 1260 1362 1337 1386 1393 1392 1413 1449 1437 1439 1394 1403 1448 1563 1515 1360 1210 6.5.2010 1082 946 921 889 908 959 1082 1284 1352 1388 1377 1349 1350 1335 1346 1327 1298 1258 1260 1325 1468 1476 1320 1182 7.5.2010 1018 950 890 883 886 929 1052 1255 1343 1391 1358 1384 1366 1365 1381 1352 1336 1302 1269 1313 1478 1483 1325 1186 8.5.2010 1057 944 908 887 901 912 978 1153 1293 1373 1364 1366 1370 1362 1396 1367 1322 1289 1290 1353 1487 1456 1297 1157 9.5.2010 1055 963 919 895 893 877 921 1074 1213 1338 1350 1326 1322 1292 1262 1242 1234 1222 1217 1288 1498 1517 1345 1144 10.5.2010 1011 914 875 862 875 915 1058 1275 1362 1391 1378 1388 1375 1380 1394 1388 1348 1298 1275 1322 1524 1528 1358 1180 11.5.2010 1017 941 895 881 900 930 1111 1268 1352 1388 1369 1361 1375 1381 1399 1394 1386 1338 1348 1393 1550 1540 1355 1164 12.5.2010 1038 957 910 898 892 928 1021 1256 1348 1366 1333 1311 1327 1332 1365 1346 1334 1273 1258 1301 1466 1488 1318 1157 13.5.2010 1036 939 895 881 895 917 1059 1249 1351 1370 1345 1314 1343 1326 1369 1363 1296 1269 1267 1287 1450 1474 1318 1151 14.5.2010 1012 924 879 873 884 900 1049 1263 1366 1402 1383 1371 1384 1376 1400 1377 1342 1286 1341 1411 1530 1422 1266 1176 15.5.2010 1082 976 927 887 898 915 993 1181 1341 1429 1457 1396 1415 1420 1445 1420 1357 1329 1319 1393 1507 1435 1291 1176 Average: 1024 935 890 872 881 906 1011 1200 1309 1363 1356 1342 1340 1335 1351 1334 1306 1267 1270 1329 1493 1475 1314 1159
Bosnia and Herzegovina: Electricity expots in last 15 days (MWh)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1.5.2010 436 412 417 432 419 431 423 486 541 555 577 571 572 581 565 574 586 607 585 555 519 542 547 510 2.5.2010 414 419 427 458 456 448 434 503 553 545 560 586 553 553 561 564 573 563 575 598 560 558 563 522 3.5.2010 413 419 421 431 422 431 422 495 537 523 532 548 530 523 510 528 531 548 552 543 516 530 545 526 4.5.2010 423 416 421 425 418 418 429 450 560 564 567 583 569 551 554 568 574 575 558 568 503 506 531 504 5.5.2010 571 579 617 618 610 584 596 618 698 723 687 700 696 695 681 659 661 685 694 692 701 691 724 673 6.5.2010 647 575 585 608 582 569 580 597 695 718 677 712 746 786 755 745 762 784 769 803 771 777 772 752 7.5.2010 640 645 663 689 679 646 640 688 760 773 793 802 794 801 813 819 795 822 837 820 784 802 789 712 8.5.2010 623 653 662 688 661 668 679 707 769 769 782 805 781 776 783 794 791 803 790 803 787 775 777 760 9.5.2010 644 643 644 644 642 653 633 701 777 770 767 798 799 807 814 812 807 802 790 781 757 767 765 744 10.5.2010 632 633 637 645 635 641 657 687 765 774 772 790 771 782 785 790 798 818 811 835 779 784 788 736 11.5.2010 575 587 570 570 566 565 568 614 696 691 703 751 736 723 724 724 722 726 723 733 702 716 705 678 12.5.2010 638 631 644 651 656 635 669 675 757 763 766 813 785 780 776 781 780 784 785 778 749 736 753 724 13.5.2010 643 650 669 670 663 663 631 691 759 768 774 803 788 800 746 751 776 768 756 756 742 758 820 778 14.5.2010 663 677 687 693 682 660 662 684 779 785 788 814 790 799 766 769 791 822 709 692 624 735 711 698 15.5.2010 601 596 575 596 592 589 609 641 658 694 681 714 700 690 695 691 701 699 697 696 697 735 714 698 Average: 571 569 576 588 579 573 575 616 687 694 695 719 707 710 702 705 710 720 709 710 679 694 700 668
Bosnia and Herzegovina: Average hourly export in last 15 days Bosnia and Herzegovina: Average consumption and production in last 15 days
800
700 2500
600 2000 500
400 1500 Production MWh Consumption 300 MWh 1000 200
100 500
0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Hour Hour
5 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers periodIssue 1.5.2010-15.5.2010 No: 2007-III/1
Romania: Electricity consumption in last 15 days (MWh)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1.5.2010 5312 5022 4852 4786 4787 4734 4580 4751 4995 5199 5318 5269 5170 5145 5078 4999 4999 5010 5078 5224 5710 6052 5705 5214 2.5.2010 4823 4591 4447 4349 4348 4368 4146 4215 4470 4656 4735 4666 4656 4656 4617 4538 4567 4557 4586 4753 5325 5861 5439 4935 3.5.2010 4499 4306 4232 4215 4262 4400 4716 5290 5806 6024 6122 6074 6073 6073 5974 5827 5698 5584 5567 5685 6221 6668 6180 5483 4.5.2010 5048 4837 4744 4724 4753 4825 5015 5580 6019 6215 6214 6187 6221 6219 6140 5978 5879 5778 5758 5857 6263 6654 6170 5481 5.5.2010 5005 4759 4690 4661 4712 4811 4957 5536 6019 6188 6209 6179 6190 6191 6113 5920 5823 5781 5783 5851 6268 6685 6170 5402 6.5.2010 5037 4832 4733 4694 4734 4882 5058 5549 6011 6207 6206 6179 6212 6241 6166 6022 5878 5833 5804 5880 6294 6704 6210 5496 7.5.2010 5152 4917 4817 4787 4837 4867 5143 5797 6178 6354 6403 6395 6355 6374 6275 6128 5983 5889 5871 5890 6276 6684 6253 5592 8.5.2010 5249 5012 4856 4788 4800 4802 4657 4855 5153 5341 5422 5394 5397 5335 5197 5171 5152 5156 5135 5253 5685 6177 5831 5242 9.5.2010 4884 4636 4521 4404 4425 4375 4228 4301 4599 4834 4941 4931 4932 4881 4781 4732 4732 4766 4814 4960 5416 5908 5468 4947 10.5.2010 4607 4377 4294 4274 4294 4434 4721 5448 5945 6192 6220 6213 6243 6271 6173 6024 5897 5831 5823 5883 6307 6777 6234 5528 11.5.2010 5067 4828 4755 4717 4755 4832 4958 5555 6024 6165 6234 6186 6233 6235 6141 5945 5851 5805 5735 5794 6217 6709 6197 5498 12.5.2010 5013 4822 4727 4703 4733 4839 5057 5623 6035 6233 6231 6204 6205 6303 6215 6090 5971 5875 5845 5841 6181 6579 6164 5470 13.5.2010 5071 4927 4803 4755 4785 4831 5022 5675 5967 6037 6053 6103 6156 6182 6087 5963 5848 5754 5751 5790 6121 6482 6039 5405 14.5.2010 15.5.2010 5217 4978 4889 4820 4842 4792 4664 4935 5225 5469 5565 5593 5616 5619 5523 5476 5478 5511 5528 5625 5906 6248 5953 5452 Average: 4999 4775 4668 4620 4648 4699 4780 5222 5603 5794 5848 5827 5833 5837 5749 5629 5554 5509 5506 5592 6014 6442 6001 5367
Romania: Electricity net export in last 15 days (MWh)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1.5.2010 -131 -130 -141 -159 -160 -152 -120 -64 -69 -69 -67 -59 -61 -60 -59 -59 -60 -1 -6 -73 -13 -11 -49 -1 2.5.2010 -110 -108 -154 -171 -169 -145 -43 2 1 16 18 20 20 21 22 21 20 18 13 4 11 13 -53 -48 3.5.2010 -143 -142 -147 -152 -145 -144 34 53 33 33 35 42 60 61 62 63 62 62 43 47 46 52 -59 -89 4.5.2010 -152 -152 -152 -152 -153 -120 29 41 28 30 35 13 48 20 21 23 23 47 77 37 19 -2 -77 -101 5.5.2010 -77 -65 -87 -143 -172 -53 62 69 111 111 112 118 124 125 126 128 108 108 106 86 38 17 -40 -66 6.5.2010 -126 -97 -117 -137 -133 -66 111 139 131 131 132 124 123 122 124 126 126 126 154 108 73 97 -84 -151 7.5.2010 -137 -136 -149 -167 -167 -107 33 83 107 109 111 123 156 163 165 146 148 148 147 137 62 96 -5 -25 8.5.2010 -44 -43 -46 -64 -63 -39 -6 -12 -20 -19 -18 -6 -9 -9 -8 -8 -9 -11 -13 -16 -21 -23 -53 -46 9.5.2010 -170 -169 -167 -185 -183 -158 -65 -5 -5 -3 -3 -9 -9 -1 -1 -1 -2 -3 -7 -15 -18 -15 -91 -107 10.5.2010 -110 -183 -240 -186 -156 -118 70 55 22 22 22 32 73 73 75 76 77 76 75 50 49 52 -28 -61 11.5.2010 -69 -129 -141 -146 -154 -73 9 27 29 30 30 41 48 43 44 45 47 46 34 16 18 11 2 -58 12.5.2010 -62 -40 -82 -103 -104 -41 78 76 51 52 51 63 80 80 81 83 83 83 81 50 21 3 -5 -21 13.5.2010 -176 -179 -179 -201 -232 -200 -67 -51 -66 -36 -15 -19 1 -7 -35 -45 -44 -14 -18 -67 -108 -108 -158 -189 14.5.2010 15.5.2010 -153 -161 -161 -179 -174 -135 -36 -28 -55 -31 -31 -21 -24 -23 -19 -26 -23 -23 -26 -25 -22 -43 -161 -173 Average: -119 -124 -140 -153 -155 -111 6 28 21 27 29 33 45 43 43 41 40 47 47 24 11 10 -62 -81
Romania: Average hourly net export in last 15 days Romania: Average consumption in last 15 days
100 7000
6000 50
5000 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 4000
-50 MWh 3000 MWh
-100 2000
1000 -150
0
-200 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Montenegro: Electricity export in last 15 days (MWh)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1.5.2010 -102 -100 -83 -81 -72 -72 -71 -54 -81 -7 -20 -120 -111 -94 -88 -78 -68 -66 -69 -50 28 35 -9 -90 2.5.2010 -85 -79 -63 -57 -50 -45 -69 -77 -96 -79 31 56 58 -9 -55 -96 -93 -90 -85 -81 95 71 91 -55 3.5.2010 -73 -72 -68 -75 -67 -67 -71 -91 -83 -71 -6 17 11 3 6 -99 -96 -95 -93 71 242 216 174 -9 4.5.2010 -86 -92 -87 -92 -89 -90 -120 -96 129 173 265 265 253 258 262 255 259 190 136 203 245 241 217 2 5.5.2010 -107 -97 -108 -102 -100 -102 -85 -43 172 243 248 251 233 254 242 246 237 227 200 197 208 223 214 146 6.5.2010 -80 -103 -86 -75 -77 -75 -92 3 209 317 310 294 225 244 213 76 62 65 102 181 225 220 211 -16 7.5.2010 -124 -117 -121 -120 -101 -111 -113 -92 89 137 129 170 221 229 135 81 74 72 69 132 231 228 163 17 8.5.2010 -118 -121 -120 -110 -106 -104 -114 -131 -109 -119 -132 -138 -135 -144 -130 -137 -138 -113 -120 -68 84 78 -51 -128 9.5.2010 -138 -140 -133 -115 -126 -109 -122 -140 -149 -170 -158 -143 -130 -156 -146 -142 -129 -123 -129 -132 82 103 -45 -141 10.5.2010 -134 -132 -129 -117 -120 -116 -122 23 158 156 164 166 150 158 152 148 102 123 123 228 237 244 217 50 11.5.2010 12.5.2010 -30 -145 -140 -133 -129 -126 -116 10 109 116 206 202 187 199 201 154 94 104 101 179 201 202 198 -28 13.5.2010 -150 -149 -143 -142 -139 -141 -144 -44 94 164 154 175 175 113 75 69 70 78 99 196 190 163 59 -124 14.5.2010 -167 -153 -135 -127 -125 -122 -130 -164 55 152 163 175 167 162 167 169 132 146 162 76 163 169 154 18 15.5.2010 -124 -153 -137 -127 -126 -123 -140 -144 27 145 148 190 188 176 102 34 -35 -48 -23 19 137 180 188 189 Average: -108 -118 -111 -105 -102 -100 -108 -74 37 83 107 111 107 100 81 49 34 34 34 82 169 170 127 -12
6 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers periodIssue 1.5.2010-15.5.2010 No: 2007-III/1
Montenegro: Electricity exports in last 15 days per border (MWh)
1.5.2010 2.5.2010 3.5.2010 4.5.2010 5.5.2010 6.5.2010 7.5.2010 8.5.2010 9.5.2010 10.5.2010 11.5.2010 12.5.2010 13.5.2010 14.5.2010 15.5.2010 Montenegro - Albania -1055 -1361 -1716 -1348 -1838 -1653 -1642 -1111 -1928 -2661 -1851 -2200 -2455 -3080 Montenegro - BiH -4572 -3842 -465 906 1004 532 -552 -4800 -4659 -193 651 -22 229 158 Montenegro - Serbia 4104 4341 1785 3043 3631 3474 3472 3487 3856 4583 2816 2920 3333 3465 Total -1523 -862 -396 2601 2797 2353 1278 -2424 -2731 1729 1616 698 1107 543
Montenegro: Average Hourly exports in last 15 days
200
150
100
50
MWh 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 -50
-100
-150 Hour
Greece: Electricity consumption in last 15 days (MWh)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1.5.2010 5000 4580 4350 4200 4000 3890 3650 3660 4040 4470 4970 5170 5170 4980 4500 4200 4180 4210 4410 4760 5500 5850 5440 5150 2.5.2010 4480 4050 3900 3750 3720 3700 3680 3800 4150 4640 5200 5400 5600 5500 5040 4730 4700 4680 4880 5150 5940 6250 5720 5250 3.5.2010 4620 4180 4000 3880 3870 3970 4360 5130 5850 6360 6400 6500 6580 6560 6300 6000 5780 5740 5800 5900 6700 6880 6220 5570 4.5.2010 4850 4450 4250 4170 4150 4240 4520 5300 5920 6320 6410 6480 6520 6520 6270 5950 5750 5700 5780 6060 6710 6850 6140 5410 5.5.2010 4970 4560 4350 4240 4230 4310 4600 5330 5920 6400 6490 6540 6600 6590 6350 5980 5760 5750 5850 6040 6750 6960 6250 5500 6.5.2010 4900 4420 4200 4100 4100 4250 4550 5350 6000 6560 6700 6850 6950 6900 6650 6220 6000 6000 6150 6300 6950 7080 6420 5740 7.5.2010 5110 4650 4420 4300 4280 4370 4630 5360 6050 6550 6650 6740 6840 6810 6430 6110 5920 5950 6140 6330 7000 7120 6360 5650 8.5.2010 5110 4640 4420 4260 4190 4190 4180 4500 5150 5760 6140 6380 6530 6480 6060 5660 5540 5490 5580 5840 6360 6540 6030 5600 9.5.2010 5000 4570 4330 4170 4090 4070 4010 4130 4520 4970 5470 5830 5950 5730 5210 4890 4830 4880 5100 5420 6100 6400 5900 5450 10.5.2010 4900 4460 4260 4150 4100 4240 4580 5400 6120 6600 6700 6820 6900 6880 6630 6250 6000 5920 6050 6250 6850 7150 6450 5800 11.5.2010 5130 4700 4480 4340 4320 4420 4690 5460 6200 6700 6800 6900 6960 6940 6600 6260 6080 6100 6300 6500 7000 7180 6500 5850 12.5.2010 5250 4810 4570 4450 4440 4460 4730 5550 6200 6700 6800 6900 6950 6920 6630 6300 6140 6120 6170 6320 6920 7250 6560 5930 13.5.2010 5320 4900 4660 4540 4500 4590 4850 5660 6360 6880 7000 7180 7280 7250 6920 6530 6380 6400 6540 6750 7200 7350 6660 6100 14.5.2010 5350 4880 4600 4510 4500 4540 4800 5560 6300 6850 6960 7100 7210 7190 6890 6490 6310 6330 6470 6700 7020 7270 6600 6000 15.5.2010 5550 5100 4880 4750 4680 4670 4650 4880 5520 6120 6470 6720 6900 6850 6430 6000 5840 5820 5960 6100 6620 6970 6520 5880 Average: 5036 4597 4378 4254 4211 4261 4432 5005 5620 6125 6344 6501 6596 6540 6194 5838 5681 5673 5812 6028 6641 6873 6251 5659
Greece: System Marginal Prices in last 15 days
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1.5.2010 33.03 31.99 31.79 31.15 30.71 30.56 0.00 0.00 29.19 31.22 31.86 31.87 31.85 31.85 31.22 30.70 30.73 30.73 31.19 31.82 31.94 31.95 31.95 32.07 2.5.2010 38.17 31.87 31.12 30.58 30.27 30.53 29.15 29.16 31.00 61.34 60.98 61.02 62.92 61.86 34.49 32.02 31.83 31.82 32.24 61.01 56.82 33.45 34.48 32.27 3.5.2010 32.20 30.86 30.57 28.88 28.87 30.30 31.13 61.24 97.20 97.20 97.21 97.20 80.05 80.51 80.45 63.12 56.81 38.28 56.81 63.23 64.16 64.20 63.99 34.47 4.5.2010 31.91 30.85 29.20 28.44 28.90 30.33 31.18 33.47 63.52 64.71 64.77 64.73 64.48 64.32 56.86 56.81 34.47 34.47 56.81 56.84 64.38 64.21 63.99 32.93 5.5.2010 35.19 31.79 31.18 30.88 30.87 31.02 31.72 34.50 97.20 64.78 64.72 64.68 64.63 64.64 64.54 63.70 63.31 32.91 32.93 35.19 64.39 64.44 64.27 33.03 6.5.2010 31.93 31.00 30.59 28.90 28.91 30.60 30.94 32.93 97.20 97.20 97.20 97.20 97.20 97.20 87.43 64.69 56.83 33.46 56.87 64.30 80.54 80.58 64.78 33.45 7.5.2010 56.76 31.79 31.04 30.80 30.74 30.89 31.79 56.81 97.20 97.20 97.20 97.20 80.06 80.49 64.56 64.25 56.82 79.94 80.44 97.20 97.21 97.21 97.20 56.81 8.5.2010 79.84 32.01 31.72 31.02 30.87 30.99 30.87 31.75 61.21 97.20 97.20 97.20 80.49 64.52 80.42 80.37 32.91 32.25 33.02 34.50 97.00 80.49 33.56 32.04 9.5.2010 31.94 31.77 31.01 30.71 30.32 30.31 28.90 29.20 30.93 31.85 32.32 33.04 33.46 33.45 32.14 31.83 31.75 31.82 31.95 33.46 33.55 64.35 63.15 33.46 10.5.2010 31.85 31.73 31.12 30.73 30.72 31.00 31.63 38.31 97.20 97.20 97.00 97.00 97.00 97.00 64.61 64.49 56.83 32.14 32.32 35.18 56.91 64.44 64.54 56.81 11.5.2010 31.71 30.86 30.39 29.22 29.22 30.31 30.80 32.13 56.88 64.16 64.40 64.43 64.22 64.22 56.88 34.46 32.91 33.02 35.20 56.91 64.44 64.44 56.91 32.33 12.5.2010 32.14 31.29 30.83 30.37 29.25 30.38 30.86 33.02 56.88 64.38 64.40 64.43 64.44 64.22 56.88 34.46 33.44 33.02 33.55 34.46 64.43 64.42 64.24 33.58 13.5.2010 31.87 31.00 30.42 29.12 28.99 29.31 30.26 31.76 56.91 64.42 64.44 64.44 64.41 64.20 56.93 33.47 32.93 33.47 56.90 64.39 64.43 64.39 56.87 32.11 14.5.2010 31.86 31.24 30.70 29.28 30.27 30.44 31.01 32.05 97.00 97.20 97.20 97.00 97.00 97.00 80.07 56.91 64.52 64.53 64.31 64.59 64.44 64.41 56.88 32.32 15.5.2010 97.20 32.93 31.89 31.29 31.13 31.13 30.81 31.14 31.94 64.29 64.74 64.59 64.64 64.63 64.56 32.32 31.95 31.87 31.87 31.89 32.34 32.97 33.47 31.34 Average: 41.84 31.53 30.90 30.09 30.00 30.54 28.74 33.83 66.76 72.96 73.04 73.07 69.79 68.67 60.80 49.57 43.20 38.25 44.43 51.00 62.47 62.40 56.69 35.93
Greece: Electricity prices, HTSO Greece: Average hourly consumption in last 15 days
120.00 8000 100.00 7000 80.00 6000 60.00 5000
EUR/MWh 40.00 4000 MWh 20.00 3000
0.00 2000
1000
1.5.2010 2.5.2010 3.5.2010 4.5.2010 5.5.2010 6.5.2010 7.5.2010 8.5.2010 9.5.2010
10.5.2010 11.5.2010 12.5.2010 13.5.2010 14.5.2010 15.5.2010 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 minimal price average price maximal price Hour
7 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers periodIssue 1.5.2010-15.5.2010 No: 2007-III/1
Opcom, Romania: Traded energy in last 15 days (MWh)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1.5.2010 976 973 948 925 909 909 856 746 737 765 769 769 758 738 709 728 726 695 669 677 819 937 938 929 2.5.2010 1024 847 855 801 791 797 678 607 617 624 644 635 636 629 606 601 587 581 559 557 674 785 822 688 3.5.2010 668 604 598 590 604 628 691 629 710 776 773 772 768 756 748 755 732 694 653 644 824 763 794 848 4.5.2010 868 780 759 763 757 826 899 760 832 932 911 905 864 860 788 721 675 622 624 699 837 921 757 812 5.5.2010 716 731 750 771 780 805 887 743 810 920 944 935 957 914 889 821 812 731 697 736 874 955 884 784 6.5.2010 791 772 790 779 768 799 866 831 924 930 959 942 927 924 874 826 771 744 712 736 854 946 969 781 7.5.2010 718 744 761 720 729 760 788 683 769 857 876 883 878 888 887 873 822 771 737 741 913 894 726 915 8.5.2010 843 882 837 846 830 818 741 637 573 668 663 636 637 659 648 627 621 638 643 651 718 747 740 729 9.5.2010 838 744 699 651 644 662 523 435 510 561 593 601 615 615 617 590 598 587 555 573 633 777 758 728 10.5.2010 626 692 675 644 662 684 762 725 775 854 893 888 893 906 891 858 849 833 773 752 838 948 956 861 11.5.2010 896 859 853 849 826 849 838 811 816 902 930 917 962 930 866 803 778 788 777 742 809 906 874 925 12.5.2010 896 859 853 849 826 849 838 811 816 902 930 917 962 930 866 803 778 788 777 742 809 906 874 925 13.5.2010 994 811 775 769 725 818 787 768 782 853 907 914 888 923 842 776 736 702 713 741 800 893 842 829 14.5.2010 823 826 806 806 796 869 841 828 880 939 942 950 969 931 938 873 864 837 811 809 893 899 891 864 15.5.2010 946 899 865 871 852 895 812 770 801 855 863 905 889 858 834 809 793 799 793 804 943 977 961 853 Average: 842 802 788 776 767 798 787 719 757 822 840 838 840 831 800 764 743 721 699 707 816 884 852 831
Opcom, Romania: Prices in last 15 days (EUR/MWh)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1.5.2010 59.21 52.92 53.17 48.95 47.85 48.95 33.59 40.12 40.84 43.26 43.26 43.26 42.29 41.08 36.25 36.25 36.25 29.00 29.00 33.59 43.50 60.42 52.92 48.33 2.5.2010 43.61 36.10 33.68 25.44 24.23 24.23 24.23 21.80 33.68 36.34 36.10 36.10 33.68 33.68 31.25 29.07 29.07 22.29 21.56 22.18 40.94 43.61 42.40 40.94 3.5.2010 48.21 24.23 24.23 23.98 24.23 33.68 28.83 46.03 46.76 47.97 50.88 48.69 50.63 48.83 48.83 47.97 46.76 45.79 44.82 45.06 59.60 65.65 53.06 47.97 4.5.2010 47.97 43.37 36.83 36.83 38.52 43.61 43.37 46.03 46.03 46.27 46.27 46.03 44.82 45.30 43.61 41.19 39.49 19.38 19.38 19.87 44.82 46.52 44.34 41.19 5.5.2010 36.10 33.68 31.50 33.68 31.50 32.95 27.86 43.61 45.55 50.64 48.54 48.46 48.46 47.97 47.24 46.03 45.55 41.19 40.22 41.19 46.03 48.54 46.03 38.76 6.5.2010 40.87 33.37 29.02 24.18 24.18 26.60 27.79 45.46 46.19 50.78 50.78 48.37 46.19 47.16 45.71 45.46 43.53 41.11 36.27 41.11 46.43 50.78 50.78 36.27 7.5.2010 36.15 28.92 24.10 21.69 23.86 31.09 23.86 36.15 46.51 47.00 47.24 46.76 46.76 47.00 47.00 46.51 45.55 44.59 43.14 43.14 48.47 65.07 65.07 52.78 8.5.2010 61.19 49.96 44.46 44.22 43.03 43.03 40.40 39.68 44.22 45.90 45.66 45.18 44.94 45.42 45.18 44.46 44.46 40.40 40.40 43.03 46.61 59.76 54.74 45.90 9.5.2010 45.37 37.97 35.58 23.88 23.64 23.88 19.10 11.94 33.19 35.58 35.82 35.82 35.82 35.82 35.82 35.82 35.82 28.66 28.66 33.43 38.21 45.14 42.99 37.97 10.5.2010 31.28 24.12 23.88 21.49 23.88 28.66 24.12 42.99 45.37 46.09 45.61 44.90 44.66 45.14 44.90 44.18 42.99 40.60 40.60 40.36 45.37 46.33 46.09 38.21 11.5.2010 45.37 41.79 35.82 35.82 36.06 40.36 42.75 42.99 45.37 45.37 45.61 45.37 46.09 45.61 45.14 43.94 42.03 40.60 40.60 40.60 45.37 47.05 46.09 44.90 12.5.2010 45.63 44.43 43.71 42.51 42.75 43.47 42.75 46.35 46.83 46.95 47.19 48.32 47.31 50.43 47.19 46.83 46.71 46.11 45.99 46.35 51.30 60.04 53.07 51.87 13.5.2010 47.66 37.60 35.92 28.74 28.74 35.92 26.10 45.98 46.94 46.94 47.90 47.90 47.42 47.90 47.18 45.74 45.50 45.50 45.50 45.50 45.86 47.42 46.46 44.54 14.5.2010 43.83 39.76 35.92 35.92 35.92 40.72 35.69 45.99 46.47 50.54 51.33 50.54 50.30 50.42 47.90 46.71 45.87 45.63 45.51 45.51 46.71 47.90 46.94 44.91 15.5.2010 47.62 47.86 43.56 43.56 43.08 43.08 33.27 38.29 44.51 45.23 45.47 45.47 45.47 45.23 44.75 44.27 43.08 40.68 40.68 43.08 45.59 45.95 45.83 45.23 Average: 45.34 38.41 35.43 32.73 32.76 36.02 31.58 39.56 43.90 45.66 45.84 45.41 44.99 45.13 43.86 42.96 42.18 38.10 37.49 38.93 46.32 52.01 49.12 43.98
Opcom, Romania: Prices and quantities in last 15 days (EUR/MWh)
1.5.2010 2.5.2010 3.5.2010 4.5.2010 5.5.2010 6.5.2010 7.5.2010 8.5.2010 9.5.2010 10.5.2010 11.5.2010 12.5.2010 13.5.2010 14.5.2010 15.5.2010 Base Price 43.51 31.93 43.86 40.46 41.72 40.77 42.02 45.93 33.16 38.41 42.95 47.25 42.95 44.87 43.79 Base Quantity 19605 16645 17023 19172 19845 20214 19333 17031 15105 19240 20505 20505 19588 20886 20648 Day Price 39.50 30.97 48.32 39.90 44.82 44.57 45.30 44.73 32.79 42.76 44.03 47.92 45.33 47.06 43.19 Day Quantity 12098 10021 11690 12849 13623 13765 13260 10506 9382 13439 13576 13576 13024 14205 13505 Night Price 51.54 33.83 34.95 41.58 35.53 33.16 35.46 48.32 33.91 29.70 40.78 45.93 38.20 40.49 44.98 Night Quatity 7507 6624 5334 6323 6222 6450 6073 6525 5723 5801 6930 6930 6564 6681 7143
OPCOM, Romania - Traded energy OPCOM, Romania - Prices 70 25000 60 20000 50
40 15000 30 MWh EUR/MWh 10000 20
5000 10 0 0
1.5.2010 2.5.2010 3.5.2010 4.5.2010 5.5.2010 6.5.2010 7.5.2010 8.5.2010 9.5.2010
10.5.2010 11.5.2010 12.5.2010 13.5.2010 14.5.2010 15.5.2010 1.5.2010 2.5.2010 3.5.2010 4.5.2010 5.5.2010 6.5.2010 7.5.2010 8.5.2010 9.5.2010 10.5.201011.5.201012.5.201013.5.201014.5.201015.5.2010 minimal price average price maximal price
OPCOM, Romania - Prices 60
50 Day Energy (06-22h) 40 Base energy (00-24h)
30 Night energy (22-06h) EUR/MWh 20
10
0
1.5.2010 2.5.2010 3.5.2010 4.5.2010 5.5.2010 6.5.2010 7.5.2010 8.5.2010 9.5.2010
10.5.2010 11.5.2010 12.5.2010 13.5.2010 14.5.2010 15.5.2010
Night Day Base
8 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers periodIssue 1.5.2010-15.5.2010 No: 2007-III/1
Mepso, Macedonia: Production and consumption (MWh)
1.5.2010 2.5.2010 3.5.2010 4.5.2010 5.5.2010 6.5.2010 7.5.2010 8.5.2010 9.5.2010 10.5.2010 11.5.2010 12.5.2010 13.5.2010 Hydro generation 7115 7727 8041 8668 8861 8135 8868 8976 8406 8800 9248 8333 8119 Thermal generation 9744 9796 9657 9722 9670 9696 9821 9845 9894 9682 9728 9662 9717 Total production 16859 17523 17698 18390 18531 17831 18689 18821 18300 18482 18976 17995 17836 Import 780 733 899 1167 835 792 1046 378 -273 343 443 107 604 Total consumption in FYROM 16079 16790 16799 17223 17696 17039 17643 18443 18573 18139 18533 17888 17232
Consumption and production in last 15 days Macedonia 19500 19000
18500 18000 17500
17000 MWh 16500
16000 15500 15000 14500
1.5.2010 2.5.2010 3.5.2010 4.5.2010 5.5.2010 6.5.2010 7.5.2010 8.5.2010 9.5.2010 10.5.2010 11.5.2010 12.5.2010 13.5.2010
Total production Total consumption
Forecasted weather conditions for the following period
Date Albania Bosnia and Bulgaria Croatia Greece Macedonia Montenegro Romania Serbia Tirana Herzegovina Sofia Zagreb Athens Skopje Podgorica Bucharest Belgrade Sarajevo 17.05. T: 8 - 18 T: 4 - 14 T: 9 - 14 T: 11 - 17 T: 13 - 23 T: 8 - 19 T: 11 - 19 T: 6 - 11 T: 8 - 13 W: NW 3 W: NW 4 W: W 4 W: W 3 W: W 5 W: NW 4 W: NW 4 W: SW 7 W: NW 6 R: 3 R: 20 R: 8 R: 2 R: - R: 3 R: 6 R: 3 R: 18 18.05. T: 6 - 17 T: 3 - 12 T: 9 - 12 T: 7 - 21 T: 14 - 21 T: 6 - 16 T: 12 - 21 T: 8 - 18 T: 7 - 13 W: NW 5 W: NW 5 W: NW 5 W: NW 4 W: W 3 W: NW 4 W: N 5 W: W 4 W: NW 5 R: - R; 1 R: 2 R: - R: - R: 1 R: 1 R: 1 R: 7 19.05. T: 7 - 19 T: 4 - 12 T: 9 - 15 T: 8 - 14 T: 15 - 21 T: 9 - 19 T: 11 - 20 T: 8 - 14 T: 7 - 13 W: NW 4 W: NW 4 W: NW 4 W: W 2 W: NE 3 W: NW 4 W: N 4 W: W 3 W: NW 4 R: - R: - R: 2 R: 1 R: 1 R: - R: - R: 1 R: 1 20.05. T: 9 - 21 T: 4 - 12 T: 11 - 17 T: 11 - 14 T: 14 -20 T: 9 - 19 T: 12 - 20 T: 8 - 17 T: 11 - 16 W: NW 3 W: NW 3 W: NE 2 W: N 2 W: NW 2 W: NW 2 W: NW 3 W: NW 1 W: NW 2 R: - R: 3 R: 1 R: 3 R: - R: 1 R: 3 R: 1 R: 2 21.05. T: 11 - 21 T: 8 - 15 T: 12 - 18 T: 14 - 19 T: 14 - 20 T: 9 - 19 T: 13 - 21 T: 11 - 22 T: 12 - 19 W: NW 2 W: NE 2 W: NE 2 W: N 2 W: S 4 W: N 1 W: NE 1 W: NW 1 W: NW 1 R: 1 R: 4 R: 3 R: 6 R: - R: 3 R: 3 R: 4 R: - 22.05. T: 13 - 19 T: 10 - 19 T: 12 - 20 T: 14 - 19 T: 14 - 21 T: 11 - 24 T: 14 - 24 T: 12 - 25 T: 14 - 21 W: N 1 W: NE 1 W: NW 1 W: N 2 W: S 3 W: NW 1 W: NE 1 W: SW 2 W: NW 2 R: 10 R: 4 R: 2 R: - R: 2 R: 3 R: 7 R: - R: 1.5 23.05. T: 13 - 21 T: 9 - 19 T: 12 - 21 T: 12 - 23 T: 17 - 23 T: 12 - 22 T: 15 - 24 T: 12 - 27 T: 13 - 21 W: NW 2 W: NW 3 W: NW 1 W: NW 3 W: SW 4 W: NW 1 W: W 3 W: W 2 W: W 3 R: 13 R: 5 R: 4 R: - R: 6 R: 2 R: 17 R: 1 R: - 24.05. T: 14 - 20 T: 9 - 22 T: 12 - 21 T: 13 - 27 T: 18 - 25 T: 11 - 24 T: 15 - 27 T: 15 - 26 T: 14 - 25 W: NW 3 W: NW 4 W: NW 3 W: NW 3 W: W 4 W: NW 3 W: NW 4 W: NW 3 W: W 3 R: 6 R: 4 R: 10 R: 8 R: 1 R: 4 R: 6 R: 9 R: 11 25.05. T: 13 - 26 T: 8 - 26 T: 10 - 19 T: 13 - 27 T: 18 - 24 T: 9 - 26 T: 13 - 27 T: 8 - 25 T: 16 - 29 W: NW 4 W: NW 4 W: NW 4 W: NE 2 W: NW 4 W: NW 3 W: NW 3 W: NW 5 W: NW 4 R: 3 R: - R: 1 R: 2 R: - R: - R: 4 R: 4 R: - May Temp: 12-23 Temp: 8.5-20/3 Temp: 9-20.3 Temp: 9.2-21.3 Temp: 13.9-26 Temp: 10-20.3 Temp: 13.5-24 Temp: 10.5-23 Temp: 12-22.5 Averages Rain: 140 Rain: 82 Rain: 73 Rain: 79 Rain: 23 Rain: 60 Rain: 89 Rain: 70 Rain: 71 Rain days: - Rain days: 11 Rain days: 14 Rain days: 13 Rain days: 6 Rain days: 11 Rain days: 9 Rain days: 6 Rain days: 14
T: Temperature in celsius degrees W: Wind speed in km/h, S – South, W – West, N – North, E – East and variables; “-” - no wind; “L-V” - Light and variable R: Rain in mm S: Snow in mm
9 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers period 1.5.2010-15.5.2010
Tables with result of Allocated Aailable Transfer Capacities (AATC) in Balkan region for May 2010 Transelectrica - Romania June 2010. Border+Direction TTC TRM NTC AAC ATC Validity period: IMPORT NOS BIH - Bosnia & Herzegovina June 2010. Bulgaria > Romania 300 100 200 90 110 01.-30.06.2010 Border+Direction TTC TRM NTC AAC ATC Validity period: Serbia > Romania 350 100 125 50 75 01.-30.06.2010 IMPORT 400 100 300 150 150 01.-06.06.2010 Croatia > BIH - - 400 - 100 01.-30.06.2010 600 100 500 150 350 07.-13.06.2010 Montenegro > BIH - - 250 - 125 01.-30.06.2010 Hungary > Romania 350 100 250 150 100 14.-20.06.2010 Serbia > BIH - - 400 - 200 01.-30.06.2010 450 100 350 150 200 21.-30.06.2010 EXPORT 200 100 100 50 50 01.-06.06.2010 BIH > Croatia - - 600 - 150 01.-30.06.2010 Ucraine > Romania 250 100 150 50 100 07.-13.06.2010 BIH > Montenegro - - 400 - 167 01.-30.06.2010 200 100 100 50 50 14.-30.06.2010 BIH > Serbia - - 400 - 197 01.-30.06.2010 EXPORT Romania > Bulgaria 300 100 200 100 100 01.-30.06.2010 MAVIR - Hungary June 2010. 500 100 400 50 150 01.-10.06.2010 Border+Direction TTC TRM NTC AAC ATC Validity period: Romania > Serbia 600 100 500 50 200 11.-30.06.2010 IMPORT 400 100 300 200 100 01.-06.06.2010 400 100 300 200 100 01.-06.06.2010 Romania > Hungary 350 100 250 200 50 07.-10.06.2010 Romania > Hungary 350 100 250 200 50 07.-10.06.2010 450 100 350 200 150 11.-30.06.2010 450 100 350 200 150 11.-30.06.2010 Romania > Ucraine 150 100 50 50 0 01.-30.05.2010 700 100 600 350 250 01.-06.06.2010 *Bulgarian border - auction for 100% of ATC, held by ESO-EAD Serbia > Hungary 0 0 0 0 0 07.-10.06.2010 **Hungarian border - auction for 100% of ATC, held by Transelectrica 700 100 600 350 250 11.-30.06.2010 ***Ukrainian border - auction for 100% of ATC EXPORT 400 100 300 150 150 01.-06.06.2010 EMS - Serbia June 2010. 600 100 500 150 350 07.-13.06.2010 Hungary > Romania Border+Direction TTC TRM NTC AAC ATC Validity period: 350 100 250 150 100 14.-20.06.2010 IMPORT 450 100 350 150 200 21.-30.06.2010 200 50 150 25 50 01.-13.06.2010 700 100 600 350 250 01.-06.06.2010 Albania > Serbia 260 50 210 25 80 14.-30.06.2010 Hungary > Serbia 0 0 0 0 0 07.-10.06.2010 BiH > Serbia 500 100 400 50 150 01.-30.06.2010 700 100 600 350 250 11.-30.06.2010 Bulgaria > Serbia 500 100 400 49 151 01.-30.06.2010 *Romanian border - auction for 100% of ATC, held by Transelectrica Croatia > Serbia 500 100 400 49 151 01.-31.05.2010 700 100 600 50 250 01.-06.06.2010 MEPSO - Macedonia June 2010. Hungary > Serbia 0 0 0 0 0 07.-10.06.2010 Border+Direction TTC TRM NTC AAC ATC Validity period: 700 100 600 50 250 11.-30.06.2010 IMPORT 500 150 350 55 120 01.-06.06.2010 Serbia > Macedonia 600 100 500 35 215 01.-30.06.2010 Serbia > Montenegro 400 150 250 55 70 07.-30.06.2010 Bulgaria > Macedonia 350 100 250 25 100 01.-30.06.2010 Macedonia > Serbia 300 100 200 50 50 01.-30.06.2010 Greece > Macedonia 200 100 100 0 50 01.-30.06.2010 500 100 400 50 150 01.-10.06.2010 EXPORT Romania > Serbia 600 100 500 50 200 11.-30.06.2010 Macedonia > Serbia 300 100 200 0 100 01.-30.06.2010 EXPORT Macedonia > Bulgaria 100 100 0 0 0 01.-30.06.2010 200 50 150 25 50 01.-13.06.2010 Macedonia > Greece 190 100 90 0 45 01.-30.06.2010 Serbia > Albania 260 50 210 25 80 14.-30.06.2010 Serbia > BiH 500 100 400 24 176 01.-30.06.2010 TSO EPCG - Montenegro June 2010. Serbia > Bulgaria 300 100 200 25 75 01.-30.06.2010 Border+Direction TTC TRM NTC AAC ATC Validity period: Serbia > Croatia 500 100 400 50 150 01.-30.06.2010 IMPORT 700 100 600 50 250 01.-06.06.2010 Albania > Montenegro - - - - 50 01.-30.06.2010 Serbia > Hungary 0 0 0 0 0 07.-10.06.2010 BIH > Montenegro - - - - 125 01.-30.06.2010 700 100 600 50 250 11.-30.06.2010 Serbia > Montenegro - - - - 100 01.-30.06.2010 720 150 570 24 106 01.-06.06.2010 EXPORT Serbia > Montenegro 620 150 470 24 78 07.-30.06.2010 - - - - 50 01.-06.06.2010 Montenegro > Albania Serbia > Macedonia 600 100 500 50 200 01.-30.06.2010 - - - - 25 07.-30.06.2010 Serbia > Romania 350 100 250 50 75 01.-30.06.2010 Montenegro > BIH - - - - 125 01.-30.06.2010 - - - - 100 01.-06.06.2010 Montenegro > Serbia * - No information available - - - - 70 07.-30.06.2010
10 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers periodIssue 1.5.2010-15.5.2010 No: 2007-III/1
- TTC (Total Transfer Capacity) Analysis:
- TRM (Transmission Reliability Margin) Hydro generation in Montenegro (current status - NTC (Net Transfer Capacity) values in previous tables, represents and announced/ongoing projects) commonly correlated values, given per each border and per each direction on the respective border. (Please note that some of TSOs on their web sites publish only one-half of the NTC value, i.e. their Hydro potential of Montenegro own part of NTC, and therefore NTC data can be different) Montenegro has favorable conditions for hydro power utiliza- - AAC (Already Allocated Capacity) value represents part of trans- tion due to large amounts of rainfall and large vertical drops mission capacity allocated earlier by TSO in which table this value although rivers mostly have a small quantity of flow. appears. Montenegro has 1 800 GWh/year of already utilized hydro po- - ATC (Available Transfer Capacities) value represents amount of tential, what is 18% of the estimated 9 900 GWh/year. Since transmission capacity, which will be offered by the TSO in which 1982 till today, no new power plants have been made. In the table this value appears to the interested market participants mean time, total consumption since 1980 till today has in- through allocation procedure: usually by pro-rata or explicit auc- creased for around 3 times, due to industrial consumption and tions method. (Please note that some of TSOs on their web sites increase of the use of electrical energy for cooling and heating. within their ATC value publish ATC part of the neighboring TSO, Country’s electricity generation system is very much depend- and therefore ATC data can be different able of hydrological situation since Montenegro has only one Thermal Power Plant (Pljevlja).
Danube water-level in cm for last 30 days (in cm) River Possible Possible generation Realized output GWh/year GWh/year (MW) Moraca 740 1520 0.15 Zeta 330 1060 985 Piva 700 1600 870 Tara 540 1600 3.4 Lim 280 935 0 Cehotina 55 160 0 Ibar 25 55 0 Rest 2 2 1.6 Total 2672 6932 1861 »» Technically possible and realized potential of main rivers of Characteristic water stages (in cm) Montenegro
Large Hydro Power Plants
Existing hydro power plants
HPP Piva
HPP Piva is a storage HPP, and it was introduced into the sys- tem in 1976. It is a peak HPP, with one of the highest dams in Europe. Installed capacity is 360 MVA (3x120 MVA), output 300 MW while annual production is around 750 GWh.
relevant for: In the last 30 years, HPP Piva has been operating under long- HPP Portile de Fier I, 1167 MW, Romania term contract between the Power utility of Montenegro (EPCG) HPP Portile de Fier II, 270 MW, Romania and the Power utility of Serbia (EPS). HPP Piva produces mostly HPP Djerdap I, 1058 MW, Serbia peak electrical energy and average annual production reaches HPP Djerdap II, 270 MW Serbia 760 GWh. HPP is owned by EPCG but operated by EPS, and in (source: Republic Hydrometeorological Service of Serbia) return, EPS delivers 30 to 40 % of HPP’s install capacity as the base load electricity to EPCG, depending on annual generation of HPP Piva.
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of Republic of Srpska, Croatia and Bosnia and Herzegovina. The Currently, renewal and modernization project in HPP Piva is HPP Trebinje, HPP Dubrovnik and HPP Capljina, with an overall ongoing. power output of 818 MW, process the water from Bileca Lake and produce annual amount of 2.7 TWh of electrical energy. HPP Perucica ERS was not willing to deliver that amount electricity to EPCG, and EPCG decided to use its share of the lake. Montenegro’s HPP Perucica is a storage HPP, and it was introduced into sys- officials believe the best option for Bileca Lake would be the tem in 1960, located in the municipality Niksic. It has 307 MW construction HPP Boka. Company Energoprojekt from Bel- (5x38 MW + 2x58.5 MVA) of installed capacity, while annual grade won a tender for “Project for utilization of potential in production is around 950 GWh. Bileca Lake” and proposed several models. The first model im- plied channeling the water from the Lake and construction of There is a plan to construct an eight unit in HPP Perucica, which HPP Boka near the city of Risno. The power output of the plant would have 50 MW output. By this, annual electricity produc- should vary depending on the volume of the water collected. tion would be increased by 20 GWh. The maximum power output of the future HPP should be 345 MW and average electricity production should reach 1.8 TWh. The HPP should be of an underground type. Two other options Planned hydro power plants envisaged construction of 60 MW (298 GWh) and 252 MW (1.3 TWh) HPP, respectively, but government selected the first op- tion. HPP Komarnica Cost of the construction is estimated to 250 million EUR and HPP Komarnica will be located upstream from the existing HPP construction should last for five years. Norwegian Statkraft ex- Piva. HPP would have an output of 168 MW and annual gen- pressed interest for this project eration of 231 GWh. Cost of the construction would reach 200 million EUR and last for seven years. According to the “Energy HPPs on Moraca River strategy until 2025” (adopted in 2007), HPP Komarnica should be built in 2015. Norwegian Statkraft, and companies from Austria and Italy expressed their interest for this HPP. Project for the construction of HPPs on Moraca River is 50 year old, and it will include construction of cascade multifunctional In 2009, government of Montenegro officially revived the idea accumulation lakes on Moraca River. The project for construc- of this project. tion of HPPs on Moraca River is part of a national energy strat- egy and includes construction of HPP Andrijevo (127 MW), There are no environmental or other obstacles for realization Raslovici (37 MW), Milunovici (37 MW), and Zlatica (37 MW), of this project and therefore it is very attractive for investment. where their overall annual production would reach 750 GWh. Also, there is no infrastructure near the location of this future The HPP cascade should have power output of 238 MW, and it HPP. In order to avoid flooding of populated Šavnik area, lo- will be located near capital Podgorica. cation for new HPP Komarnica is chosen 45km upstream from the existing HPP Piva, at the place known as Lonci. HPP Andrijevo will have a 150-meter dam, while the length of accumulation lake will be 14.5 km. Downstream from it will be HPP Raslovici, with 59-meter dam, while accumulation lake HPP Krusevo will be 8km long. Following, HPP Milunovici will have 62-meter dam and 7.5 km long accumulation lake. Finally, HPP Zlatica HPP Krusevo will be a lower reservoir of the existing HPP Piva will have 62.5-meter dam and 8 km long accumulation lake. and two HPPs would operate in cascade system. HPP Krusevo on Piva River would have power output of 130 MW and annual According to “Energy strategy until 2025”, in 2013, HPP Andri- production of 322 GWh (peak energy). The cost of the project is jevo and HPP Zlatica should be put in service, in 2014 HPP Raslo- estimated to 150 million EUR. HPP would be built 12 km down- vici, while in 2015 HPP Milunovici should be built. Construction stream of HPP Piva dam, near the delta of rivers Piva and Tara. of all four HPPs would last 6 years, and it would cost more than 500 million EUR. The future strategic partner will operate HPPs HPP Boka (Bileca Lake Project) under 30-year build-operate-transfer (BOT) concession agree- ment. The concession agreement includes exploration, design, engineering, financing, construction, management, mainte- The Bileca Lake is located on the border between Montene- nance, revitalization and transfer of HPPs. gro and Bosnia and Herzegovina, i.e. Republic of Srpska entity. According to Montenegro’s data, , 42 % of the water inflows According to spatial plans, some 800 hectares of agricultural in Bileca Lake comes from Montenegro rivers, while 24 % of and 400 hectares of other land will be flooded. Some 57 million the Lake’s capacity lies in Montenegro. The Bileca Lake is 18km EUR should be paid for expropriation of the land, and some 58 long and it is 3 to 4km wide, depending on the season. million EUR should be invested for construction of 130 km of new roads. Some 170 households should be reallocated and EPCG and Elektrporivreda Republike Srpske (ERS) argued for the some 250 facilities should be dismantled. The construction of long time over the usage of the Lake. Montenegro demanded HPPs will require flooding of 19-kilometer long regional motor- 0.7 to 0.8 TWh of electrical energy from the Bileca Lake hydro- way. The new motorway should be built in period of four years, power system, as compensation. At this moment, water from i.e. two years before HPPs should be put in service. the Lake is being used in downstream plants by power utilities 12 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers period 1.5.2010-15.5.2010
and consortium led by Allgemeine Baugesellschaft A. Porr According to analyses of International finance corporation (IFC), Aktiengesellschat (Austria). It is expected that the commission the cost of the project should reach 500 million EUR. According should select qualified bidders by the end of May, after which to official estimations (EPCG), the price of electricity produced they will be invited to submit final bids and they will be allowed in four cascade HPPs on Moraca River should be some 4 eu- to purchase tender documentation. rocents/kWh. According to analyses made by IFC and Poyry, original project should bring between 470 and 740 million EUR Environmental issues (Moraca River HPPs) of benefits to Montenegro in period of 50 years.
During the public debate in March 2010, opposition party PZP The project for construction of 4 HPPs on Moraca River faced said that construction of four HPPs would be financial debacle strong opposition from environmental and non-governmental for both concessionaire and the state, having in mind current organizations, opposition party, majority of local communities electricity prices and construction of HPPs, considering sus- and the church. During 2007, when the project was included in tainable development, cultural heritage and environmental “Energy strategy until 2025”, the representative of UN Develop- impact, would be a total mistake. PZP is in favor of construc- ment Program (UNDP) in Montenegro, warned that construc- tion of HPP Krusevo, HPP Komarnica and the second unit in tion of HPPs on Moraca River would most likely affect natural TPP Pljevlja. PZP argue that construction of these three power environment of Skadar Lake and the delta of Ada Bojana. plants would be cheaper compared to HPPs on Moraca River (400 million EUR compared to 530 million EUR), while electric- In mid February 2010, the government adopted draft spatial ity production would be 2.7 times higher. plans for confluence of Moraca River and draft environmental assessment of future accumulation lakes. On the other hand, Later, in April 2010, Minister of Environment and Spatial Plan- local ecological organizations warned that a prequalification ning said that the Ministry should reconsider the option for tender for the construction of HPPs on Moraca River was pub- reducing the altitude of the HPP Andrijevo dam. According lished before completion of public debate on the environmen- to some estimations, a lower dam would reduce the overall fi- tal impact of future HPPs, which was against the Concession nancial benefits of HPPs on Moraca River by 30 %. The Minister law. strongly denied claims that the project would harm natural en- vironment and bring profit to foreign investors. During public debate in March 2010, Forum of NGOs (non-gov- ernment organization) for sustainable development of Mon- Statkraft and EPCG had plans to establish joint venture for this tenegro called the government to inform the public on possi- project in 2007, but talks stalled. Statkraft has demanded from ble risks of the project, including potential destruction of dams. government of Montenegro to increase the concession period NGOs claim that the future HPPs would lead to extinction of 20 for usage of HPPs from 30 up to 99 years. endemic species. NGOs also demanded from the government to prolong public debate and prequalification procedure, and to implement the Concession law. Several NGOs said that HPPs Moraca River HPPs Tender should not be built in accordance to project documentation made 40 years ago. NGOs believe that these plans are obsolete In October 27 2009, Ministry of Economic Development pub- and financially harmful. lished public invitation for submitting the letter of interests in the project for construction of new large HPPs on Moraca Riv- In the same time, local communities, which will be affected by er. The following companies expressed official interest for the construction of HPPs, expressed concerns regarding climate ef- project: Edison, Verbund, Statkraft, Zarubezhvodstroy (Russia), fect of the future HPPs. By construction of HPPs, large part of consortium UEF Hydro Wind Group (Great Britain), NTE, EVN Kolasin municipality will be flooded. Citizens of Kolasin were AG, Voith Siemens Hydro Power Generation, RWE, Inter RAO also against the construction of HPPs on Moraca River due to UES, Stucky (Switzerland), consortium of Fortum Power and possible flooding of ancient monastery of Moraca. Heat Oy (Finland) and Hungarian Power Companies, Gama Enerji (Turkey), Enel, Porr, Energie Steiermark (Austria), Lanco (India), Ingra (Croatia), Aare-Tessin Ltd. for Electricity ( Switzer- land), Lok Hang Group Inc (USA). Small Hydro Power Plants
Later, in February 26 2010, Ministry of Economy of Montenegro Locations of small HPPs in Montenegro are characterised by published a prequalification tender for construction of HPPs relatively low flows and high falls of water. Montenegro has on Moraca River. Potential bidder needed to provide evidence a hydropower potential of approximately 0.8-1.0 TWh/year in of investing 600 million EUR in several projects or evidence of small water flows. investing 300 million EUR in one project. In addition, the po- tential bidders must have experience in construction of HPPs According to Montenegro’s laws, maximum output in small with power output between 150 and 500 MW, i.e. similar to HPPs is 10 MW. All electricity produced in small HPPs should those that will be built on Moraca River. be purchased by EPCG at guaranteed price, which is calculated each July for the following 12 months. In July 2006, the price In the end of April 2010, Ministry of Economy said that 5 bids was set to 6.9 eurocents/kWh, and it remained unchanged. were submitted for construction of HPPs on Moraca River. The bids were submitted by the consortium of A2A (Italy) and According to the “Energy strategy until 2025”, the overall pow- Power Utility of Montenegro (EPCG), Sihohydro Corporation er output in small HPPs should reach 80 MW, while the overall (China), Enel (Italy), Strabag International Gmbh (Germany) power production should reach 200 GWh per year or some 2.5
13 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers period 1.5.2010-15.5.2010
to 4.2 % of overall annual needs (currently, less than 1%). 120 particular small HPP to the state, after the end of concession million EUR should be invested in small HPPs till 2025. period. Ministry of Economy obliged itself to provide to future investors connection to power grid and purchase of produced In 2006, Ministry of Economy of Montenegro has established electricity. a special body, the Central department for small-sized hydro power plants. The department is in charge for the coordination According to the Montenegro’s press, some 50 companies pur- of construction of HPPs as well for accomplishment of Energy chased tender documentation. 38 companies submitted 145 efficiency strategy of Montenegro. One of the priorities of spe- bids. Among others, documentation was purchased by: cial department is the development of local communities and education of interested parties regarding the small-sized HPPs. Local companies: Also, department has an influence for determining the price of - Power utility of Montenegro (EPCG) electricity produced in small HPP. - Vektra - Normal Company Tenders for new small HPPs - Zetagradnja - Hidroenergija Montenegro, - Celebic Tender for 41 small HPP - Fab live - Bast First announcements of large scale tender for granting the - PJ&N, concessions contract for construction of small HPP were in mid - LUC 2006, when government announced tender for construction - Renewable energy Montenegro of 15 small HPPs, but the project was stalled till August 2007, - Izomont when government once again announced a tender, but for 41 - Hemera Kapital small HPPs. The tender included rivers in confluences of rivers - Hidroenergija Montenegro Piva (2 HPPs), Komarnica (3 HPPs), Lim (22 HPPs), Moraca (6 HPPs), Ibar (1 HPP), Tara (3 HPPs), Cehotina (2 HPPs), Zaslapnica International companies: (1 HPP), Zeta (1 HPP), Gracanica (1 HPP), and Grahovo Lake (1 - EFT from Serbia HPP). - Energoinvest from Bosnia and Herzegovina - Konstruktor and Elna Kabel from Croatia The tender was for the research of hydropower potential and - Tuboinstitut and Poteza from Slovenia construction of 41 small HPPs in accordance to DBOT (Design - PCC from Germany Build Operate and Transfer) agreement. The tender was pub- - Balkan Energy, Sencap and Terna energy from Greece lished in November 2007. - Verbund. Energie-Zotter-Bau and Web windenergie from Aus- tria The tender was open until January 22, 2008, while public open- - Electrabel from Belgium ing of bids took place in February 1, 2008. The company that is - Technor Energy from Norway granted concession contract for hydropower research should - Caraglio impiantieletrici from Italy be granted concession contract for small HPP if the particular small HPP is feasible. The concession contracts will be signed Norwegian Statkraft did not submit a bid, although Statkraft, for the period of 30 years, and EPCG would be obliged to pur- in cooperation with government of Montenegro, has funded chase electricity from small HPP at variable price, calculated researches on 15 potential sites for construction of small HPPs. each July. Only 10 bids were accepted. The procedure for 29 out of 43 Each bid had to include 50,000 EUR guarantee for each small construction sites offered by the government of Montenegro HPP, investment plans, concession fee and infrastructure in- were canceled. Minister of Economic Development Mr. Bran- vestments for the local municipalities. The highest number of imir Gvozdenovic said that the 29 bids were canceled after bid evaluation points, 40 points, was given to the best cash of- the tender commission acted inconsistently while evaluating fer; 35 points was given to the shortest construction period, 15 those bids. In the same time, local press suggested that one of for investments in infrastructure of local municipalities, while the reasons for canceling the tender were suspicions that some the best experience of the bidder brought 10 points in the ten- companies tried to influence awarding the contracts. Later on, der procedure. The state of Montenegro preserved the right in May, the tender commission has disqualified 2 companies, to change the tender condition or to cancel the entire tender since the bidders did not meet all criteria. process. Later, in September 2008, government signed a concession Each concession contract should be carried out in five phases, contract for only eight locations, and announced a new tender. where the first phase includes exploration works, finding the 30-year Design-build-operate-transfer (DBOT) concession con- construction site, setting the parameters of small HPP, and prep- tracts were granted to Austrian Energie Zotterbau, consortium aration of blueprints and feasibility studies. The second phase Haider Extrem Energy from Sarajevo and to local companies is related to acquiring the construction licenses, while the third Kroling, Hidroenergija, Dekar and Bast. phase concerns acquiring the water management license for the purpose of electricity production and construction of small After the decision was made, officials from the Ministry of HPPs. The fourth phase will be the exploitation phase, while Economy announced a new tender for construction of 10 small the last, fifth phase is related to the transfer of ownership over HPP, although few months earlier, a tender for 35 new small HPPs was announced. 14 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers period 1.5.2010-15.5.2010
Tender for 10 small HPPs increase of produced energy (estimated to 2GWh). It is also located on River Zeta. In September 15 2009, the Ministry of Economy of Montenegro has published prequalification tender for awarding the conces- Small HPP Rijeka Musovica was constructed in 1950, with sions for exploitation of ten water streams for the purpose of an installed power of 3x420KW and annual production of construction of small HPPs. 2.45 GWh/year. It has a Pelton turbine, with a rotation of 500 rpm and water flow of 0.35 m3/s per turbine. Each generator The subject of concessions will be designing, construction, op- has rated power of 650 KVA and it is connected to 1000 KVA eration and maintenance of small HPPs on rivers Vrbnica, Buko- power station. Production increase of this small HPP could be vica, Tusina and Bijela (Savnik group), rivers Trepacka, Murinska reached for up to 1 GWh/year with a reconstruction of aged and Krastica (Berane group) and rivers Velicka, Komaraca and equipment and redirection of new water sources. It is located Djuricka (Plav group). on River Levaja.
According to measurements made by Hydro meteorological Small HPP Savnik, was constructed in 1937 and reconstructed Institute of Montenegro, the total potential power output of in 1987, with installed power of 2x100kW and annual produc- abovementioned water streams is 18 MW, i.e. 7.9 MW in Savnik tion of 0.8 GWh/year. It has a Francis type of turbine, with a group, 5.8 MW in Berane group and 4.3 MW in Plav group. The rotation speed of 1000 rpm and water flow of 0.5 m3/s per overall annual output is estimated at 77.1 GWh, i.e. 34.8 GWh turbine. Each generator has rated power of 3200 KVA and it in Savnik group, 24 GWh in Berane group and 18.3 GWh in Plav is connected to 400 KVA power station. This is automatic con- group. trolled run-on-river small HPP, with no large maintenance op- eration needed and no possibilities for increasing production. Soon after, Ministry of Economy confirmed that ten out of 14 It is located on River Savnik. bidders met the criteria in the prequalification tender for grant- ing the concessions for construction of small HPPs. Small HPP Lijeva Rijeka, constructed in 1987, with an installed power of 55 kW has an annual production of 0.2 GWh/year. The bids for HPPs in Savnik group were submitted by Tehnoen- Banki type turbine has rotation speed of 710 rpm and water ergy ASA and Bast, Elna Kabel, Kroling, ECG-MHE, Kelag Stra- flow of 0.22 m3/s. Generator has rated power of 110 KVA and it bag, and consortiums Haider extrem hydropower, MAH-Korona is connected with 100 KVA transformer. Since this is new small Inzenjering and MHIDROCG. HPP, there are still no problems with its operation. It is located on River Grbi Dol. The bids for HPPs in Berane Group were submitted by PORR Technobau und Umwelt and Elektrotehna-Radius. Small HPP Rijeka Crnojevica was constructed in 1937 and re- constructed in 1980, with an installed power of 555 kW and The bids for Plav group were submitted by Tehnoenergy ASA, annual production of 1.1 GWh/year. It has an Ossberger tur- Bast, Elna Kabel, Kroling, ECG-MHE, and consortiums Haider ex- bine, with rotation speed of 1000 rpm and water flow of 3.0 trem hydropower, MAH-Korona Inzenjering and MHIDROCG. m3/s per turbine. One generator is connected to 630 KVA power station. This small HPP has a low annual production, 30% of planned in a last few years, due to insufficient rainfalls Existing small HPPs and generator problems. Increase in production is possible by reconstruction of existing tail race. It is located on Rijeka Crnojevica River. The development of small HPP in Montenegro started in 1937. They were mostly supplying surrounding villages, not connect- Small HPP Podgor, constructed in 1939 and reconstructed in ed to main network, since demand for energy was low. Later on, 1979 has an installed power of 395 KW and annual produc- small HPP were integrated in national electricity grid. tion of 1 GWh/year. It has an Ossberger turbine, with a rota- tion speed of 510 rpm and water flow of 0.9 m3/s. Generator, Small HPP Glava Zete was constructed in 1953 with an installed with rated power of 465 KVA is connected to 400 KVA power power of 2x2680kW and annual production of 11.35 GWh/year. station. This power plant is out of operation since 1997, due It has a Kaplan type of turbine, with a rotation speed of 375 rpm to lack of water and malfunctions. It is located on River Ora- and water flow of 14.5 m3/s per turbine. Each generator has rat- ostica. ed power of 3200 KVA, and it is connected to 4000KVA power station. This run-on-river small HPP is designed for continuous Privatization of Existing small HPPS (24h/day) work. Currently it is not in good condition, due to old equipment. It is possible to increase damn head for around 2m (5 meters currently) which would result in increasing the gen- On the 2nd of October 2006, council of EPCG shareholders erator power to 2 900 KW. It is located on River Zeta. (66.7 % owned by government, 12.1 % by citizens, 20.2 % by privatization fund) discussed the selling of 5 small HPP (Rijeka Small HPP Slap Zete, constructed in 1952 has installed power Musovica, Rijeka Crnojevica, Podgor, Savnik and Lijeva Rijeka). of 2x600kW and annual production of 4 GWh/year. Kaplan type In that moment, it was estimated that bookkeeping value of of turbine, with a rotation speed of 250 rpm and water flow of these small HPPs is 1.48 million EUR and that 905 000 EUR 13 m3/s per turbine. Each generator has rated power of 1200 needed to be invested in renewal. KVA, connected to 1000 KVA power station. This mass concen- trate run-on-river small HPP has problems with a water loss due Estimated investments in renewal were following: to soil. Correction of this problem could result with significant - in small HPP Rijeka Musovica: 520 thousand EUR 15 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers period 1.5.2010-15.5.2010
- in small HPP Podgor around 130 thousand EUR News: - in small HPP Savnik 105 thousand EUR - and in the smallest HPP Lijeva Reka, around 10 thousand EUR. TPP Gacko back in service after annual overhaul (Bosnia and Herzegovina) In 2006, these five small HPP produced only around 7 GWh, which is 0.23 % of overall annual power production in the country. Operation costs for them were 65 000 EUR, which In the beginning of May, thermal power plant (TPP) Gacko (300 means that only operational costs (mostly employees) made MW) was put in operation after completing the annual main- electricity cost of around 9 eurocents per kWh. tenance. Director of the TPP, Maksim Skoko confirmed that works have lasted 34 days, i.e. six days less than planned. The Privatization incomes were to invest in two remaining small cost of the maintenance reached some 2 million euros or some HPP, Glava Zete and Slap, and they would remain in property 0.5 million euros lower than planned. of EPCG. Price that will be paid for electricity produced in these small HPPs should be to be 7 eurocents per kWh. During the overhaul, 0.4 kV substation was replaced. This part of the overhaul was funded by 2.5 million euros loan provided In the beginning of 2005th, Norwegian NTE has sent a letter of by World Bank. intention to Montenegro government regarding privatization or lease of three out of five small HPPs. In the same time, NTE During the first quarter of 2010, TPP Gacko has produced 420 was interested for construction of several other small HPPs on GWh of electricity (in accordance to plans), while overall pro- river Bistrica, Lake Otiliovici and Krupac Lake. duction in 2010 should reach 1.54 TWh. In the beginning of May, coal reserves at the TPP’s depot amounted to 150,000 The sale of small HPPs was stalled due to legal dispute with tons. municipality of Cetinje despite the fact that large number of § § § investors was interested in purchase of HPPs. municipality of Cetinje claiming that small HPPs Podgor and Rijeka Crnojevica are the property of municipality. EP BiH: hybrid filter in TPP Kakanj in trial operation In April 2010, EPCG and Norwegian NTE established joint ven- (Bosnia and Herzegovina) ture company called “Zeta Energy”. EPCG will invest in new company its small HPPs Glava Zeta and Slap (estimated worth Power utility of Bosnia and Herzegovina (EP BiH) confirmed of 8.3 million EUR and overall annual output of 15.5 GWh) and that first hybrid filter in Balkans was put in trial operation on it will hold 51 % stake in joint venture. NTE will invest some 7.9 unit 5 (110 MW) in thermal power plant (TPP) Kakanj. The filter million EUR in new company. The main priorities for new com- has electrostatic and bag filters. pany will be reconstruction and renewal of small HPPs Glava Zeta and Slap, and possible construction of HPP Rosca. The worth of the project is some 4 million euros and it is the part of Power IV programme funded by World Bank (3.4 million § § § euros) and EP BiH (0.6 million euros).
The main aim of the project is reduction of emission of harmful particles below 20 mg/m3 compared to old value of 150-300 mg/m3. New hybrid filter will be in trial operation until mid June. § § §
Dongfang Electric Corporation won turnkey contract for construction of TPP Stanari (Bosnia and Herzegovina)
On May 5 in Banja Luka, EFT Group and Chinese Dongfang Electric Corporation (DEC) signed the turnkey contract for construction of thermal power plant (TPP) Stanari near city of Doboj.
The worth of the contract, signed by director of EFT Coalmine and TPP Stanari, Stevan Loncar, and executive director of DEC, Lan Zehai, is 400 million euros.
According to turnkey contract, DEC is obliged to build TPP Stanari in period of 45 months, i.e. in 2014 or one year after original deadline. The output of the plant will be reduced from
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410 MW (as it was originally planned) to 300 MW so that annual Overall cost of the project is estimated at 50 million euros. The production of TPP Stanari should reach some 2 TWh of electric- HPP should be completed in 2014 and it should produce some ity. 100 GWh of electricity per year.
President of EFT Group, Vuk Hamovic, said that overall invest- § § § ments in the energy complex in Stanari should reach over 500 million euros, where quarter of the funds will be provided by EFT, and the rest will be provided by Chinese and European banks. HPP Mostarsko Blato put in trial operation (Bosnia and Herzegovina) Hamovic confirmed that negotiations over the contract for TPP Stanari have lasted several months. The company has negoti- On May 13, Power utility of Herzeg Bosnia (EP HZHB) put the ated with four bidders. hydropower plant (HPP) Mostarsko Blato (2x30 MW) in trial op- eration. Head of EFT Group explained that plant’s output would be reduced compared to original plans due to appreciation of Chair of the Council of minister of Bosnia and Herzegovina equipment. Hamovic also said that future TPP would meet EU (BIH) Nikola Spiric, which attended inauguration ceremony, environmental standards. expressed satisfaction after HPP was put in operation saying it was great success for both EP HZHB and entire country. The Prime minister of Republic of Srpska (RS), Milorad Dodik con- ceremony was attended by number of highest officials of BiH. firmed government’s support for construction of TPP Stanari. As recalled, government of RS and EFT Group signed 30-year The founding stone for HPP Mostarsko Blato was laid in 2006 concession contract for construction of TPP Stanari in February and the cost of the project amounted to 75 million euros. So far, 2008. water from the accumulation lake was used for agricultural and water supply purposes. Wang Ji, chair of the management board of DEC, reminded that DEC is one of the largest companies in China and one of the HPP Mostarsko Blato is located near city of Mostar. The plant leading manufactures of electric equipment in the World. The uses difference in altitude of 178 meters between the accu- project in Stanari will be the biggest project of DEC in Europe. mulation lake Mostarsko Blato and valley of Neretva River. HPP Mostarsko Blato should produce some 170 GWh of electricity EFT Group is one of the leading electricity traders in Southeast- per year, or some 10 % of overall output of EP HZHB. The HPP is ern Europe. In Bosnia and Herzegovina, apart from investing connected to electricity grid through 110kV power line. TPP Stanari, the company has invested some 50 million euros for development of coalmine Stanari and construction of ac- The most of the works were carried out by Croatian companies cumulation tunnel Fatnicko polje. In the last year, Stanari coal- Konstruktor, Koncar, and Energocontrol. Konstruktor has car- mine produced 730,000 tons of coal. ried out construction works, while the electrical and mechani- cal equipment was delivered and installed by consortium of § § § Koncar and Energocontrol.
§ § § EP BiH: construction of HPP Vranduk might start in October (Bosnia and Herzegovina) Tender for unit 7 in TPP Tuzla prolonged, government Power utility of Bosnia and Herzegovina (EP BiH) once again an- changed tender terms (Bosnia and Herzegovina) nounced that construction of hydropower plant (HPP) Vranduk (21 MW) could start in October this year. In mid May, Power utility of Bosnia and Herzegovina (EP BiH) published the changed and amended Public invitation for stra- General design of the project is completed and it should be re- tegic partnership in the project for construction of unit 7 in vised by the end of May, Alija Turajlic from EP BiH said. After the thermal power plant (TPP) Tuzla. revision was completed, EP BiH should publish international tender for making the main project, delivery of equipment and The new invitation was published two days before the expira- for construction works. If everything went as planned, the con- tion of the original deadline at the request of the government struction works might start in the end of October, Turajlic said. of Federation of BiH. New deadline was set at June 18.
HPP Vranduk will be built on Bosnia River, as the first out of 25 EP BiH was instructed to incorporate recent government’s deci- cascade HPPs that should be built until 2025, according to re- sions regarding construction of new energy facilities. In April, cent statement of general manager of EP BiH Amer Jerlagic. government decided that strategic partners could fund the construction of new power plants through long-term electric- According to current plans, HPP Vranduk should be built by EP ity supply contracts or through providing the loans, where stra- BiH itself, where 60-70 % funds will be provided from compa- tegic partner and EP BiH will not be obliged to establish joint ny’s income, while the rest should come from loans. venture company. The government’s decision will also affect
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projects for construction of new units in TPPs Kakanj, Kongora PM Borisov: Serbia to acquire 5 % stake in NPP Belene and Banovici. (Bulgaria)
According to tender terms, EP BiH, i.e. the state, will be 100 % Prime minister of Bulgaria Boyko Borisov confirmed that Serbia owner of the units, while strategic partner will repay its invest- is interested in acquiring up to 5 % stake in the project for con- ments through sale of electricity. struction of nuclear power plant (NPP) Belene. PM Borisov said that NPP Belene should be Balkans and European project. In case if strategic partner wants to establish joint venture com- pany with EP BiH, it must meet following criteria: it should be Serbian experts welcomed potential cooperation in Belene involved in electricity production, transmission, distribution or/ project. The development of NPPs in Serbia is banned by mora- and trade in the last five years, it must have annual income of torium but participation in the project abroad would be legal. 5 billion euros in the last three years, it must have overall profit of 400 million euros in the last three years, and finally, it should § § § own at least 400 MW thermal power plant.
In case if strategic partner wants to fund the project through long-term electricity sale contract or through payment of loan, 21 MW wind farm in Shabla put in service (Bulgaria) the future partners must meet only abovementioned criteria regarding annual income and profit. Enel Green Power (EGP), subsidiary of Italian Enel, confirmed it had put in service 21 MW wind farm in Shabla municipality. General manager of EP BiH Amer Jerlagic said that for the first The wind farm has seven turbines and its annual output should time, the bids will be submitted via company’s website. He did reach some 55 GWh. not want to reveal which companies have submitted bids dur- ing the first prequalification procedure. According to previous The farms should cover annual consumption of 19,000 house- information, six companies from Europe and one from USA and holds and it should reduce emission of CO2 by 45,000 tons per China purchased tender documentation. year, EGP said. The future unit 7 will have 450 MW of electricity output and 320 The new farm is the second one operated by EGP in Bulgaria, by MW of heat output. The cost of the project is estimated at 840 which company doubled its output in wind farms up to 42 MW. million euros. The unit should be completed in 2017 and it will In October last year, EGP has put in service 21 MW wind farm be replacement capacity for units 3 and 4. Kamen bryag in Kavarna municipality. § § § In the end of 2008, EGP purchased wind farm projects Kamen bryag and Shabla from Danish company Global Wind Power Bulgaria. Energy minister: ERS will not be privatized (Bosnia and Herzegovina) President of EGP, Franco Starace, said that company has been also active in Romania and Greece. He said that entire region has great potential for renewable energy projects. Minister of industry, energy and mining of Republic of Srpska (RS) Slobodan Puhalac said that Power utility of RS (ERS) would § § § not be privatized.
Minister Puhalac said that privatization of companies in ERS would not be an option in the incoming period. He added that Regulator again fined CEZ for delays in billing energy sector was great development chance for RS, but the procedure (Bulgaria) government wants to preserve ownership over natural resourc- es. State Energy and Water Regulatory Commission (SEWRC) fined electricity distributor CEZ Bulgaria with 82,000 euros for delay- The minister’s statement was the response to claims of lead- ing the monthly billing procedure. CEZ was fined with maxi- ing opposition party SDS, whose officials said that govern- mum fine of 500,000 euros for the same reason in the last year. ment wants to sell national power company through the back door. SDS accused the government on selling the hydropower CEZ was obliged to switch from quarterly to monthly billing projects on Drina River to investors from Italy and Germany. starting from February this year. The company said it would ap- peal to the decision of the regulator. On the other hand, minister Puhalac said that strategic partner- ship in energy sector is in accordance to laws and it was aimed In December 2008, SEWRC demanded from CEZ to cancel quar- to provide necessary funds and expertise for construction of terly billing procedure due to public distrust. Deadline for in- new power plants. troduction of monthly billing was prolonged two times. The § § § decision on monthly billing was upheld by Supreme adminis- trative court. § § §
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SEWRC to complete audits in electricity distributors thermal power plants (TPPs) for two more years. It means that by July 1 (Bulgaria) either the TPPs would meet the environmental standards, or they would be shutdown. Deputy chair of State Energy and Water Regulatory Commission In the end of last year, Bulgaria requested that TPPs Bobov Dol, (SEWRC) Valentin Kirchev said that SEWRC has been involved Brikel, Maritsa 3, Republika and Sliven should be allowed to op- in audits in electricity distributors CEZ Bulgaria, E.ON Bulgaria erate under current environmental standards until December and EVN Bulgaria as a part of large-scale audit in energy sector 31, 2014. Bulgaria argued that prolongation was necessary in ordered by prime minister Boyko Borisov. The audit is aimed to order those TPPs to build necessary facilities. investigate prices and level of investments in energy sector. Bulgaria said that its request was in accordance to Treaty of Ac- Kirchev said that SEWRC has been conducting two types of cession to EU, which envisages that, in case of economic crisis, audits. The first audit should tell whether distributors com- certain requirements could be renegotiated. In the same time, ply with their licenses. The second audit investigates level of Bulgaria said that shutdown of abovementioned TPPs, which investments and externals costs, which should show whether overall output is over 1,000 MW, would endanger safe electric- companies have charged too high electricity prices. This audit ity and heat supply in southern and southwestern Bulgaria. It has been carried out in cooperation with State agency for na- would also lead to closure of nearby coalmines. tional security (SANS). On the other hand, EC said that alleged problems are not short- Deputy chair said that audits have already established certain term, yet they have existed at the time of country’s EU acces- irregularities related to outsourcing. The audit in E.ON should sion so that Bulgaria was not allowed to demand the prolonga- be completed by the end of May, while all audits should be tion of the deadline. completed by July 1, i.e. before introduction of new electricity prices. § § §
Earlier, CEZ and E.ON demanded 9 % increase in electricity pric- es starting from July 1, while EVN demanded 3 % increase. Na- Hydropower project Gorna Arda to be restarted in two tional electric company (NEK) also demanded increase in pric- months (Bulgaria) es, but Kirchev did not reveal exact amount. Kirchev expects that electricity prices should be reduced from July 1, especially if audits show irregularities. Bulgarian member of EU Parliament Vladimir Uruchev an- nounced that hydropower project Gorna Arda should be re- § § § started in two months. Austrian EVN, which took over share in the project from Turkish Ceyhan holding, is highly interested in continuation of the project, Uruchev said. However, the main problem is expected to be acquiring of the loans, so that inves- Energy regulator: possible increase in natural gas and tors should invest its own funds in the beginning. heating tariffs from July 1 (Bulgaria) In the last year, the government decided to continue with the project. It had selected Austrian consortium of EVN and Alpine Natural gas, heating and hot water tariffs should be increased Bau to become shareholder in the project company Hydro- starting from July 1. This was said by the Chairman of the State power company Gorna Arda. The project has been originally Energy and Water Regulatory Commission (SEWRC) Angel Se- developed by Bulgaria and Turkey and it has been stalled for merdzhiev. several years. According to Semerdzhiev, natural gas prices should be in- In the past, Turkish partner had filed 75 million euros lawsuit creased by 10-15 %, which should be lower compared to the against majority shareholder, National electric company (NEK) request of natural gas company Bulgargaz. Head of SEWRC said saying that NEK was responsible for delays in the project. In May that natural gas prices should be increased due to market con- 2009, Turkish side decided to withdraw the lawsuit after con- ditions, unfavorable dollar exchange rate and increase in prices sortium of EVN and Alpine Bau, NEK and Turkish side signed the of alternative fuels. Semerdzhiev explained that rise in natural Memorandum of understanding regarding takeover of Turkish gas prices would lead to increase in heating prices. part of the project. In this moment, NEK holds 70 % stake in the project, where NEK and EVN should negotiate final stakes. In April, SEWRC approved 5.88 % increase in natural gas prices, while Bulgargaz demanded 24 % increase. In the same time, Gorna Arda project includes construction of cascade hydro- heating prices rose by 5 %. power plants (HPPs) Madan, Adrino and Sarnitsa, with overall § § § output of 174 MW and estimated annual electricity production of 440 GWh. Estimated cost of the project is 500-600 million euros. EC rejected request for prolonging the environmental § § § deadlines for five TPPs (Bulgaria)
European Commission (EC) did not accept request of Bulgaria regarding delay in application of environmental rules for five
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Government to sell its stake in electricity distributor E. CEZ invested 8.8 million euros in electricity grid ON (Bulgaria) during January-April (Bulgaria)
Minister of economy, energy and tourism Traycho Traykov an- Electricity distributor CEZ Bulgaria confirmed it had invested nounced that state would float its stake in electricity distributor 8.8 million euros during period January-April. Half of the funds E.ON Bulgaria, i.e. in E.ON Bulgaria Grid and E.ON Bulgaria Sales, were invested for improving the electricity supply, CEZ said. In on Sofia Stock Exchange. This sale option was chosen because addition, CEZ spent 1.6 million euros for attracting the new cus- it should be the fastest, minister said. tomers and 1.3 million euros for purchase of new equipment.
The state owns 33 % stake in the company that delivers elec- The company said that investments were in accordance to an- tricity to customers in Varna and Gorna Oryahovitsa in North- nual investments budget of 36.4 million euros, which was ap- eastern Bulgaria. The state decided to sell shares on stock ex- proved by national energy regulator. change after majority owner did not want to purchase it from the state. § § §
Minister Traykov explained that state should hire privatization broker, so that sale should be conducted in next 3-5 months. Traykov said that state could preserve some shares in E.ON Real States to build 80 MW solar power plant (possibly 1 %), but this is yet to be decided. (Bulgaria)
Minister also said that this sale would be the test for the mar- Bulgarian company Real States said it has initiated project for ket. He believes that shares should be attractive having in mind construction of 80 MW solar power plant near city of Pazardzhik. that, in 2008 and 2009, overall profit of E.ON Bulgaria reached The plant should be built in 2014 and the cost of the project is 28.2 million euros. He believes that worth of sale could reach estimated at 200 million euros. The loan for the project should even 100 million euros. be provided by unnamed European commercial bank, local media said. Minister Traykov also confirmed that negotiations on sale of § § § minority stakes in two other major electricity distributors, CEZ Bulgaria and EVN Bulgaria, were under way. The state also owns 33 % stakes in both companies. HEP and Plinacro to enter LNG project on Krk Island Privatization of state-owned stakes in electricity distributors (Croatia) and other companies was earlier announced as a part of gov- ernment’s anti-crisis measure. In mid May, Supervision board of Croatian power utility (HEP) and Supervision board of natural gas transporter Plinacro is- Local analysts believe that investors could be interested in sued their approvals for establishment of company LNG Croatia, acquiring the shares only if the listing was backed by E.ON. in which HEP and Plinacro will have equal shares. Analysts also said that interest for shares would depend on the decision of State Energy and Water Regulator Commission LNG Croatia, a separate legal entity that will represent the state (SEWRC), which should set new electricity prices from July 1 of Croatia, will become part of international Adria LNG consor- and which should be valid for one year. As recalled, electric- tium, which has been developing project for construction of ity distributors demanded 2-9 % increases, while regulator an- liquefied natural gas (LNG) terminal on Krk Island. According to nounced it should use all possible reserves to maintain current plans, LNG Croatia will have 11 % stake in the project. tariffs. On May 7, HEP, Plinacro as well as Croatian oil industry (INA) Some media said that E.ON was not pleased after government sent the letters of intent to Adria LNG consortium in which they decided to leave the company, but minister Traykov said that expressed interest to become part of the consortium. sale was harmonized with company’s management. E.ON Bul- garia confirmed it has been informed on government inten- INA will be granted 14 % stake in the project and the compa- tions regarding the sale. ny should reach its final decision on joining the project after due diligence. Originally, INA should have become part of LNG E.ON Bulgaria paid 140.7 million euros for purchase of 67 % Croatia, but after Hungarian MOL acquired managerial rights in stake in local electricity distribution companies in Varna and INA during 2009, the government changed its plans. Gorna Oryahovitsa in 2005. The company delivers some 5 TWh of electricity per year to 1.1 million customers. Chair of the Management board of INA, Zoltan Aldott said that INA would carefully analyze potential participation in the § § § project. Aldott believes that new developments, such as con- struction of LNG terminal in Italy and reduced consumption of LNG in Germany, were the reasons for reevaluation of the project on Krk Island. The LNG project should focus on supply- ing other countries, such as Hungary, Slovenia and others, head of INA believes.
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The management of Plinacro said that construction of LNG ter- 776.6 million euros (+7.7 %). Overall sales income from unin- minal on Krk Island, along with modernization of natural gas terrupted activities amounted to 739 million euros (+19.2 %), network and connection to South stream pipeline, was the mostly due to higher prices. most important project in terms of diversification and security in supply. Plinacro wants to build and operate natural gas pipe- On March 31, 2010, overall assets of INA stood 4.28 billion eu- lines between LNG terminal and natural gas network on the ros, which was 4 % higher compared to December 31, 2009. In mainland as well as to take part in construction and manage- the same time, net debt of the company reached 1.42 billion ment of the terminal. euros (+25 %).
Adria LNG consortium expressed satisfaction after HEP, Plinacro Chair of the Management board of INA Zoltan Aldott said that and INA finally decided to join the consortium. The project has better results in this year were the consequence of higher pro- been stalled for year and a half, and the latest decision came at duction of hydrocarbons, higher crude oil prices and higher re- the last minute. finery margins. Aldott said that INA would continue with main investments such as modernization of oil refineries, and explo- Adria LNG consortium was established by German E.ON Ruhr- ration projects in Syria and in northern Adriatic. gas (39.17 %), Austrian OMV (32.47 %), French Total (27.36 %) and Slovenian Geoplin (1 %). German RWE, which was member § § § of the consortium, abandoned the project in October last year. The consortium reserved 25 % stake in the project for Croatian partners, so that stakes of international partners will be pro- portionally reduced. Two years ago, LNG project on Krk was HEP posted 21.3 million euros of profit in 2009 granted priority status by the government of Croatia. (Croatia)
According to plans, Adria LNG should soon submit request for According to data published on Zagreb Stock Exchange, acquiring the location permit. The permit should be obtained Croatian power utility (HEP) posted net profit of 21.3 million by the end of the year, and construction works might start in euros in 2009, which was almost five times higher compared to 2011. The main contractor should be selected on international the previous year. tender. As recalled, the project was granted environmental ap- proval in March this year. The management said that, in 2009, company was forced to reduce expenses and planned investments, which led to re- The cost of the LNG project in Krk is estimated at 800 million duction of business expenses of some 7 million euros and obli- euros, where capacity of the LNG terminal will be 10-15 billion gations toward suppliers of 59.3 million euros. In 2009, overall cbm per year. investments reached 317 million euros. § § § Due to currency differences and interest rates, HEP posted loss from financial activities of 53.6 million euros. INA started new exploration drillings in Syria (Croatia) In 2009, overall business income amounted to 1.73 billion euros (+7.2 %). The rise in income was the consequence of increased Croatian oil industry (INA) confirmed it had started exploration sales (electricity, natural gas and heat) by 146 million euros due drillings in Aphamia concession in central Syria in the end of to rise in prices. In the same time, overall business expenses April. The exploration works should last three months. The con- amounted to 1.65 billion euros (+3.3 %). cession is 100 % owned by INA. Due to economic crisis, consumption of electricity, heat and Aphamia concession is located near Hayan concession. In Hay- natural gas was reduced, while debts of customers toward HEP an, INA discovered six fields with significant oil and natural gas were increased. reserves. § § § Due to reduction in electricity consumption and favorable hy- drology, production in hydropower plants was increased by 28 %, while production in thermal power plants and electricity im- port were reduced by 15 % and 7 %, respectively. INA posted 18 million euros loss in Q1 (Croatia) § § § Croatian oil industry (INA) has posted 18 million euros loss in the first quarter of 2010, which was more than four times lower compared to the loss posted in the same period last year. HEP announced end of heating season (Croatia) Natural gas division, i.e. interrupted business activities (to be taken over by strategic partner MOL), posted 28.5 million euros Power utility of Croatia (HEP)-Heating confirmed that heating of loss (-32.3 %), while oil divisions posted 10.5 million euros of season ended on May 10. net profit. During 2009/2010 heating season, the company delivered 1.63 In the first quarter of 2010, INA’s overall income amounted to TWh of heat to the customers, which was 2 % higher compared 837 million euros (+5.3 %), while sales income amounted to 21 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers period 1.5.2010-15.5.2010
to the previous season. HEP-Heating has some 116,000 house- Former head of HEP arrested over damaging holds’ customers and 6,000 business customers. electricity sale contract, investigation could lead to former prime minister (Croatia) § § § In the beginning of May, former Chair of the Management board of Croatian power utility (HEP) Ivan Mravak was arrested Competition regulator cancelled sale of Crobenz due to damaging electricity sale contract signed by HEP and (Croatia) aluminum smelter TLM.
Bureau for Combating of Corruption and Organized Crime In the beginning of May, Croatian Competition Agency (CCA) (USKOK) also arrested former head of aluminum smelter TLM, decided to cancel the sale of fuel retailer Crobenz to Croatian Damir Begovic. USKOK has been also investigating former head Petrol Stations, a member of Slovak investment fund Slavia of Croatian energy regulatory agency (HERA), Tomo Galic. Capital Group. USKOK claimed that HEP had delivered electricity to TLM un- As recalled, in April, Croatian oil industry (INA) sold Crobenz to der unfavorable contracts during 2007 and 2008, which caused Slavia Capital Group, i.e. to its subsidiary Progres Trading (PT). up to 84 million euros loss for HEP. In the same time, TLM has INA did not reveal sale price. resold this particular electricity to aluminum factory Aluminij in Mostar, in neighboring Bosnia and Herzegovina. The sale of Crobenz was ordered by CCA in June last year, af- ter MOL acquired managerial rights in INA and after its market Mravak was accused that HEP has imported electricity at price share was increased up to 60 %. of 83 euros/MWh in abovementioned period, while electricity has been sold to TLM at price of 20 euros/MWh. CCA said that Croatian Petrol Stations did not meet criteria for purchase of Crobenz, since the company has no employees As recalled, Ivan Mravak and entire management of HEP was and it has not been involved in trade of oil derivatives. Regula- dismissed in September 2009 due to alleged harmful contracts, tor also said it could not establish exact financial state of Slavia financial abuses and nepotism. capital Group, which is registered on Cyprus. In the same time, local media believe that electricity sale con- Finally, CCA decided that Crobenz would be sold by the ap- tract was approved on highest political level and that it has pointed trustee by mid July. CCA warned MOL and INA to obey been authorized by former prime minister Ivo Sander and its decisions. Otherwise, agency could cancel its previous de- former vice prime minister Damir Polancec (he was recently ar- cisions regarding market concentration, where INA could be rested over corruption charges). instructed to sells its other subsidiaries. Several days before Ivan Mravak was arrested, HEP announced Local experts unanimously said that CCA’s decision was big it should sign new electricity sale contract with TLM. In the surprise and one of the biggest debacles for MOL in Croatia. last year, new head of HEP Leo Begovic canceled the contract with TLM, since it was highly unfavorable for the company. The Officials from Slavia Capital said they were surprised with the original five-year contract was signed in 2007, when TLM was decision of CCA. Spokesperson of Slavia Capital said that CCA owned by the state. had no reasons for canceling the sale. He added that company has been involved in trade of oil derivatives in Slovakia, Czech In the past, TLM has resold 100 MWh/h of electricity to Alu- Republic, Poland and Hungary. Slavia Capital still believes it minum factory in Mostar in exchange for 51,000 tons of raw would manage to purchase Crobenz. materials produced by the factory. The price at which HEP sold electricity to TLM was related to international aluminum pric- In the related news, Slovenian oil company Petrol said it is still es. Due to economic crisis, the price was reduced from original interested in purchase of Crobenz. Crobenz has 14 attractive price of 39 euros/MWh down to some 22 euros/MWh. petrol stations across Croatia and wholesale division. Head of Petrol Aleksander Svetelsek said that this acquisition would be On the other hand, cancellation of electricity sale contract could in line with company’s strategy. Petrol has 75 petrol stations in lead to shutdown of TLM. New owner of TLM, Adrial consor- Croatia. In this year, Petrol wants to invest 50 million euros for tium, established by local companies Dalekovod, Zagrebmon- expansion in Croatia, Serbia, Macedonia and Montenegro. taza, Aluflex pack, Konstrukotor and Bosnia and Herzegovina’s Feal, argued that electricity sale contract and import of raw In the same time, OMV, which was considered as one of poten- materials from Mostar were the key issues in the privatization tial buyers of Crobenz, confirmed it would not submit bid in contract signed in 2007. the new tender. § § § In mid May, HEP and TLM decided to sign new electricity sale contract. The electricity will be still sold under privileged prices, but the limitations would be different.
According to new formula, the price of electricity, that will be linked to international aluminum prices, will not be higher than price of electricity produced in HEP’s power plants, while the
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lowest price was set to 62 % of this price. It implies that price George Papandreou in Athens. “This is a most welcome pro- will vary between 28 and 45 euros/MWh. posal for Greece at this time of economic hardship,” Mr. Papan- dreou added. The agreement needs to be approved by the government of Croatia and Supervision board of HEP. Sources say that Adrial Qatar is the world’s biggest exporter of LNG and its economy consortium insisted on signing the new sale contract, or other- relies heavily on gas sales. wise the consortium was ready to cancel privatization contract. § § § The owners of TLM reminded that HEP and TLM have signed long-term supply contract before the privatization.
Commenting the latest media claims regarding contract with ELEM to modernize 3 units in TPP Bitola (Macedonia) TLM, officials from Aluminij said that TLM did not deliver elec- tricity at low price, yet this price was based on clear formula. ELEM applied for a 30 million EUR loan for revitalization of 3 In the same time, the factory has delivered 50,000-60,000 tons units in TPP Bitola. Modernization will cost 55 million EUR, and of high quality aluminum per year to TLM. Aluminij said that remaining 25 million EUR will be invested from ELEM`s funds. agreement was signed at the request of TLM and government ELEM has applied for a loan in domestic “Stopanska Banka AD”, of Croatia as a part or privatization procedure for TLM. which is part of NBG Group. Government will guarantee for the loan. Aluminij also said that company was obliged to pay transmis- sion fee of 7-8 euros/MWh so that price of electricity was close General director of the bank, Mr. Gligor Bisev said that a loan to domestic prices in BiH. Officials also denied that Adrial con- will be with payment period of 14 years, with variable interest sortium owns 12% stake in Aluminij, yet this stake is owned by rate, which is currently 5.16% the government of Croatia. Aluminij reminded said that aver- age electricity prices for aluminum factories in the world were Revitalization will start in July and it will last for 3 years. some 22-24 euros/MWh in the last two years, i.e. the price was up to 28 % of the price of one ton of aluminum. § § §
§ § §
Possibility for TPP Oslomej to become gas fired TPP (Macedonia) PPC union strikes again (Greece) Director of ELEM, Mr. Vlatko Cingoski said that there is a possi- Public Power Corporation (PPC) union declared 48 hour strike, bility to alter lignite fired TPP Oslomej to natural gas. This could starting in the evening of May 25. Union asks the government be possible due to new gas pipeline which will run near TPP to amend their decision to put a ceiling on the funding of the Oslomej. pension funds deficit that is covered by the state budget. Gov- ernment decision has already been adopted. The ceiling set TPP Oslomej is the first TPP in Macedonia, put in operation in at 640 million EUR and is applicable from 2010 onwards (PPC 1980, with output of 125 MW. TPP is supplied with lignite from pension shortfall stood at 220 million EUR in 2001). The govern- nearby Oslomej mine. During its operation, TPP has produced ment had given a deadline to the pension fund to adjust lower 15 130 GWh, for which 27 million tons of lignite was used. health and pension benefits to employees, due to balance of Record generation was in 2008, when TPP Oslomej produced Greek budget. 667.8 GWh. § § § Oslomej mine has 13 million tons of lignite left for exploitation, which would be enough for 15 years of operation. Qatar to invest 5 billion EUR in Greece (Greece) § § §
Greece and Qatar have signed a non-binding memorandum of understanding to export Qatar liquefied natural gas (LNG) to Greece and build LNG terminals in the country. Qatar plans to KOSEP, Samsung and Inval to construct wind farms invest 5 billion EUR in Greece. (Macedonia)
The agreement includes plans for a 3.5 billion EUR worth LNG KOSEP (Korea South-East Power CO), Samsung and Spanish In- terminal with a capacity of 7 billion cubic meters in western val expressed interest to jointly construct wind farms in Stip re- Greece, which will be built by Qatar Petroleum, the Emirate’s gion, in Macedonia. Investment is 140 million EUR worth, while state oil company. Also, agreement envisages construction of total output will be 200 MW. 66 turbines will be divided into 4 1000 MW TPP (70% of produced electricity would be exported location. Construction could last up to 18 months. to Italy) Farm will be located in eastern Macedonia, Stip region. Inval “I express the desire of Qatar for investments of 5 billion euros announced that 44 turbines will be located near Bucim mine, in Greece,” the Gulf Emirate Prime Minister Sheikh Hamad bin Jassim al-Thani said after meeting with Greek Prime Minister 23 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers period 1.5.2010-15.5.2010
which is part of town Stip. Remanining 22 turbines will be lo- connected from the electricity grid for the purpose of annual cated in Radovis and Konce. maintenance on May 8. The maintenance should last some 30 days, the company said. Recently, ELEM has confirmed plans for construction of 50 MW § § § wind park. Wind park will be located near city Bogdanci, near Vardar River. Wind farm could generate up to 100 GWh of elec- tric energy annually. 78 million EUR is needed to be invested in the project. It is expected that wind park will be operational EC Craiova to invest 115 million euros for by 2012. environmental projects until 2012 (Romania) § § § Energy complex (EC) Craiova (930 MW) says it will invest 115 million euros in order to meet environmental standards until the deadline of December 31, 2012. French Sechilienne Sidec only bidder in tender for Maoce coalmine (Montenegro) Head of the company, Constantin Balasoiu, said that funds would be invested for construction of desulphurization fa- French company Sechilienne Sidec is the only company that cilities on units 7 and 8 in Isalnita branch (315 MW each). has submitted bid in the prequalification tender for granting The funds will be provided from loans and from company’s the concession for Maoce coalmine and for construction of 500 income. MW thermal power plant (TPP). The exploitable coal reserves in Maoce basin are estimated at some 109 million tons. In the first quarter of 2010, EC Craiova posted 75.8 million eu- ros of turnover, which was 4.6 % lower compared to the same Ministry of economy said that one Turkish company submitted period last year. In the same time, the profit was 3.1 million its bid by email, which was against tenders rules and this bids euros, or some three times lower compared to 2009. was dismissed. § § § Prequalification tender was published in November last year, and the original deadline was set at February 6. According to information from January this year, tender should have been prolonged until August this year, but deadline was prolonged EBRD and EC Turceni postponed negotiations on 150 until May 10. million euros loan (Romania) § § § The negotiations between European bank for reconstruction and development (EBRD) and the largest power plant in Ro- mania, Energy complex (EC) Turceni (1,980 MW), regarding Romgaz demands 5 % increase in natural gas storage 150 million euros loan will be postponed until the establish- tariffs (Romania) ment of integrated energy company Electra.
State-owned natural gas producer Romgaz demanded from In the beginning of year, the government of Romania official- Romanian energy regulatory authority (ANRE) to approve 5 ly approved establishment of two national energy compa- % increase in natural gas storage tariffs during winter season nies. Electra will include energy complexes Turceni, Rovinari 2010/2011. In respond to Romgaz’s request, ANRE demanded and Craiova, Nuclearelectrica, Hidroelectrica’s branches Ram- additional data. nicu Valcea, Sibiu and Targu Jiu and National lignite company Oltenia (SNLO). The storage fees account to 5 % of final natural gas prices in Ro- mania. Overall storage capacity of Romgaz is some 2.8 billion In 2008, EBRD and EC Turceni have started negotiations re- cbm or some 20 % of national annual consumption. garding 300 million euros loan for the purpose of moderniza- tion of units 3 and 6 (330 MW each). In the related news, Romgaz said it had posted net profit of 48.7 million euros in the first quarter of 2010, which was 2.3 In July 2009, EBRD and EC Turceni signed 170 million euros % lower compared to the same period last year. The reduction loan for unit 6. The modernization of this unit is under way in profit was the consequence of higher expenses. In the same and it should be completed by 2012. The cost of the project time, turnover was increased up to 277 million euros (+22.1 is 224 million euros. %). § § § On the other hand, modernization of unit 3 should be com- pleted in 2013. According to plans, the unit should be discon- nected after January 2011.
Unit 1 in NPP Cernavoda undergoes annual § § § maintenance (Romania)
Nuclearelectrica, the operator of nuclear power plant (NPP) Cernavoda, confirmed that unit 1(700 MW) in the NPP was dis-
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OMV Petrom posts 196 million euros of profit in Q1 § § § (Romania)
Oil and natural gas company Petrom posted 956 million euros Romania, Georgia and Azerbaijan established joint of sales in the first quarter of 2010, which was 2 % higher com- natural gas company (Romania) pared to the same period last year. In the same time, net profit amounted to 196 million euros, which was higher 2.4 times compared to the same period last year and almost similar to In mid May in Tbilisi, Georgia, Romania and Azerbaijan signed the annual profit in the last year. the agreement for establishment of joint venture company, which will transit natural gas from Azerbaijan to Europe, via The results were favorable due to rise in crude oil prices and Georgia and Romania. reduction of expenses, the company said in press release. The results were supported by increase in price of gasoline (+28 %), The future company will have head office in Bucharest and it price of diesel (+24 %) and crude oil (+72 %). should be officially established by mid June. The shareholders will be Romania’s natural gas producer Romgaz, State Oil Com- The positive results were reported despite 4 % reduction in pro- pany of Azerbaijan (Socar) and Georgian Oil & Gas Corporation duction of hydrocarbons (overall production amounted to 16.7 (GOGC). million boe) and 22 % reduction in sales volume of oil deriva- tives. The company expects that sales will not be increased until The agreement was signed by minister of energy of Georgia Al- economy starts to recover. In 2010, the national economy was exander Khetaguri, minister of industry and energy of Azerbai- expected to stagnate. jan Natig Aliyev and minister of economy of Romania Adrien Videanu. On the other hand, natural gas sales were increased by 5 %, while national natural gas consumption was increased by 7 %. In April, three ministers signed Memorandum of understanding regarding development of natural gas project called Azerbai- Petrom also said that development of 860 MW natural gas jan-Georgia-Romania Interconnection (AGRI), which includes fired power plant in Brazi is going in accordance to plans and construction of two liquefied natural gas (LNG) terminals, one that unit should be completed in the next year. The cost of the in Georgia and one in Romania. The cost of the project is esti- project is 500 million euros. mated at 2-4 billion euros, but previous estimates say that cost could reach even 4-6 billion euros. The company said that number of employees was reduced by some 1,360 compared to the end of 2009. Compared to first Minister Videanu reminded that Romania has completed natu- quarter of 2009, the number of employees was reduced by ral gas interconnection with Hungary, while the new natural some 6,400. gas link with Bulgaria should be completed in the next year. It § § § implies that Romania would be able to transport natural gas from Caspian region to EU internal market, Videanu said.
§ § § Economy minister: potential construction of 400 MW power plant in Galati (Romania) Transelectrica posted 12.24 million euros profit in Q1 Minister of economy Adrien Videanu announced that govern- (Romania) ment has been considering option for construction of new power plant in Galati. Minister Videanu, accompanied by offi- cials from Hidroelectrica, Transelectrica and Electrica, said this Electricity transmission company Transelectrica posted net after the meeting with the management of steel producer Arce- profit of 12.24 million euros in the first quarter of 2010, which lorMittal Galati. was 6.6 % higher compared to the same period last year.
The plant, with 400 MW output, would be built in cooperation In the same time, company’s turnover increased up to 166.7 with ArcelorMittal Galati and possibly with electricity producer million euros (0.7 %). Overall income reached 175.3 million eu- Electrocentrale Galati. The new unit should use residual gas ros (+4.1 %), while overall expenses reached 158 million euros from blast furnaces, which now only pollutes air, minister Vi- (+3.6 %). deanu said. He added that new unit could be built in autumn 2012. In the end of March, overall assets of Transelectrica stood at 1.01 billion euros, while long-term and short-term obligations stood During the same occasion, minister Videanu said that above- at 229 million euros and 158 million euros respectively. mentioned announcement would not imply cancellation of negotiations between Electrocentrale Galati and Czech CEZ § § § regarding the project for modernization of existing units and construction of 400 MW natural gas fired unit in Electrocent- rale Galati. The memorandum of understanding regarding this project was signed in November 2008 and will expire in Sep- tember this year.
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Transgaz posted 30 % increase in profit in Q1 ternational signed a Memorandum of understanding regarding (Romania) environmental projects related to construction of lignite mine and thermal power plant (TPP) near city of Kovin. Natural gas transporter Transgaz posted 45.9 million euros The project in Kovin refers to potential construction of 600 MW of net profit during the first quarter of 2010, which was 30 % power plant and lignite mine with estimated reserves of 276 higher compared to the same period last year. Overall income million tons and exploitable reserves of 176 million tons. The amounted to 110.8 million euros (+12 %), while overall expens- project should be developed through public private partner- es amounted to 55.7 million euros (-2 %). ship. In 2010, Transgaz expects to post gross profit of some 84 mil- The project in Kovin has been initiated by the government of lion euros compared to net profit of 71.4 million euros posted Serbia 15 years ago by opening of the experimental under- in 2009. In this year, Transgaz should invest some 91 million eu- water mine. Two years ago, the company Energy consulting & ros. engineering has won lignite exploration contract and the com- § § § pany has estimated abovementioned lignite reserves.
One of the important parts of the project is environmental EPS: Tender for modernization of CHPP Novi Sad protection, having in mind that future lignite mine should be enters final stage (Serbia) spread near protected natural resort Deliblatska pescara, Dan- ube River and sources of drinking water.
Power utility of Serbia (EPS) said in press release that proce- The company LMBV International, owned by Federal ministry dure for selection of strategic partner in the project for mod- of finance of Germany, has already cooperated with Power util- ernization and enlargement of combined heat and power plant ity of Serbia (EPS) in several projects. One of the goals of the (CHPP) Novi Sad (200 MW) had entered final stage. abovementioned MoU is turning the wasted lignite into com- mercial products. Nine companies from USA, Canada, Russia, Italy and Greece, that have met tender criteria, will be allowed to purchase ten- According to official estimations, project in Kovin will not start der documentation until May 31 and to submit their bids. The before 2012. The project is the part of Strategy of energy devel- project company, Energija Novi Sad (ENS) has appointed three- opment of Serbia related to Vojvodina province. man commission, which will monitor and evaluate selection procedure. § § § ENS, a joint venture of EPS and municipality of Novi Sad, will invest land and existing infrastructure, while strategic partner should acquire majority stake in the project by recapitalization. Kolubara mine produced 10.27 million tons of lignite The future power plant will be independent electricity and heat in January-April (Serbia) producer. The lignite mine Kolubara said it had produced 10.27 million In February this year, ENS said that decision on whether the ex- tons of lignite in period January-April, which was close to plans. isting two units would be modernized or the new unit should The good result was particularly supported by 2.17 million tons be built, should be reached after completion of the feasibility of lignite produced in April, the company said. study. Kolubara produces some 70 % of lignite in Serbia, while power The cost of the project is estimated at 200 million euros. Ac- plants that use lignite from Kolubara produce some 50 % of cording to plans, modernized CHPP Novi Sad will have 450 MW electricity. of electricity output and 300 MW of heat output. Efficiency of new plant will be 80 % compared to current rate of 30 %. Origi- § § § nal deadline for completion of the project was set at 2012.
In this moment, CHPP Novi Sad has been in operation during Energy minister: final contract for modernization of winter. The plant produces electricity, heat for city of Novi Sad TPP Kostolac B to be signed in July (Serbia) and technological steam for Oil refinery in Pancevo.
§ § § In the first half of May, minister of energy and mining of Serbia Petar Skundric and delegation of Power utility of Serbia (EPS), lead by general manager Dragomir Markovic, visited China. Serbian officials meet officials from ministry of trade of China, Memorandum of understanding for environmental National energy bureau and representatives of Chinese compa- protection in future thermal power project in Kovin nies and banks. (Serbia) During the visit, Serbian officials announced that all negotia- tions with Chinese partners regarding the modernization of In the first week of May in the premises of Chamber of com- merce of Serbia, Energy consulting & engineering and LMBV In-
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thermal power plant (TPP) Kostolac B and enlargement of the struction of thermal power plant (TPP) Kolubara B (700 MW) Kostolac lignite mine should be finalized. and TPP Nikola Tesla B3 (700 MW).
Minister Skundric also said that if Serbia and China signed com- The Management board called for urgent resolution of prob- mercial agreement for TPP Kostolac B, two countries could re- lems related to attraction of potential foreign investors and for consider cooperation in other energy projects. creation of favorable business environment. The board believes that foreign investments will be vital for implementation of na- The preliminary agreement for modernization of TPP Kostolac tional energy strategy. B was signed by TPP Kostolac B and Chinese China National Ma- chinery and Equipment Import and Export Corporation (CMEC) The board also proposed that, having in mind requests of po- in February this year. The project includes enlargement of two tential strategic partners, EPS and the state should have con- 350 MW units (by 100 MW in sum), construction of desulphuri- tinuous cooperation and dialogue in order successfully to com- zation facility, and enlargement of the lignite mine (up to 12 plete both tenders. million tons annual capacity) and construction of unit 3. The worth of the project is estimated at 1.25 billion euros. The most The board asked from the government to support establish- of the funds for the project, or 85 %, should be provided by Chi- ment of joint venture companies with strategic partners. The nese Eximbank, under favorable 15-year loan. government should also create conditions for continuation of tender procedures and it should provide guarantees that EPS Minister Skundric confirmed that government would provide would be able to carry on its obligations. strong guarantees for the project. He announced that com- mercial agreement for the project in TPP Kostolac B should The board said that government should adopt necessary deci- be agreed during the visit of prime minister of Serbia Mirko sions and bylaws and harmonize tender documentation in or- Cvetkovic to China in June this year. The agreement with CMEC der to enable continuation of tenders. should be signed in Serbia in July, during the visit of speaker of the parliament of China. In April, local media report that tenders for two TPPs will be most likely delayed until September. In January this year, ten- During the talks, minister Skundric invited Chinese investors to ders were prolonged at the request of potential partners. take part in construction of nuclear power plant (NPP) Belene in Bulgaria. Serbian minister believes that Serbia and China could In May last year, EPS selected AES, CEZ, Edison, EnBW, and RWE jointly take part in this project. Vice minister of commerce of as potential strategic partners. In the same year, AES and EnBW China Gao Hucheng expressed China’s interest in potential joint abandoned projects due to financial crisis, while CEZ recently participation in Belene project. decided to abandon all projects in Balkans. In this moment, only Edison is expected to submit bids for TPP Kolubara B, while Edi- As recalled, Bulgaria recently invited Serbia to take part in this son and RWE should submit bids for unit 3 in TPP Nikola Tesla project, after which highest officials from Serbia and Bulgaria B. confirmed that Serbia was interested in taking part in the § § § project. Tenders: At the end of official visit to China, minister Skundric and vice chairman of the National energy bureau of China signed the Company / ERS, Bosnia and Herzegovina Memorandum of understanding in energy sector. MoU envis- organization: ages broad cooperation between two governments and public Reconstruction of the Waste Water Treatment System in TPP Ugljevik companies. Minister Skundric said that MoU has established only basic principles of cooperation. The MoU will support Content: This invitation for bids follows the general procure- ment notice for this project that appeared in UN De- project in TPP Kostolac B as well as other potential projects, velopement Business on June 25, 2008 and in paper such as construction of TPP near Stavalj and development of copy on July 16, 2008. renewable energy projects. Bidding will be conducted through the internation- During the visit to China, delegation of EPS negotiated with al competitive bidding procedure specified in the Chinese producer of lignite-fired boilers, HBC, which could be World Bank’s Guidelines: Procurement under IBRD used in the project in TPP Kostolac B. HBC is the largest pro- Loans and IDA Credits, and is open to all bidders from eligible source countries as defined in the ducer of this type of boilers in the World. Head of EPS said that guidelines. Chinese producer could deliver high quality boilers under 20- 30 % lower prices compared to European producers. Interested eligible bidders may obtain further infor- mation from Elektroprivredaof the Republic of Srp- § § § ska – Project Implementation Unit, Banja Luka Petra I Karadjordjevica 83 A/ II and inspect the bidding documents at the address given below from 8.00 am to 3.00 pm. EPS urged government to speed up tenders for TPPs Kolubara B and Nikola Tesla B3 (Serbia) More details: www.ers.ba/images/stories/oglasi/ug- ljevik_mart2010_eng.pdf Deadline: 18 May 2010, 13:00 hrs, local time On May 7, Management board of Power utility of Serbia (EPS) adopted information regarding activities in the tenders for con- 27 Balkan Energy NEWS, e-journal Issue No: 2010-V/1 - issue covers period 1.5.2010-15.5.2010
Contact: Contact: Content: anovo-1, Troyanovo-North and Troyanovo-3 Mines. Mr. Milan Bejat The procurement of the contract is expected do be- Tel: +387 51 215 658 gin in the beginning of the second quarter of 2010. Fax: +387 51 215 667 Email: [email protected] B. Rehabilitation (Supply and Installation of Plant and Equipment) of the power supply system that Company / shall include design, engineering, procurement, Elektroprivreda BiH, Bosnia and Herzegovina organization: delivery, construction and installation of plant and equipment of 4 off installation platforms required AMR / AMM system implementation for the construction of new mobile sub-stations Content: Elektroprivreda BiH has published a tender for se- 20/6 kV and their transfer in Troyanovo-North Mines lection of best bidder for “Implementation of the at “Mini Maritza East” EAD, Bulgaria system for remote reading and control of electricity meters (AMR / AMM system ) at eight transformers C. Rehabilitation (Supply and Installation of Plant area in electro distributive affiliates of JP Elektro- and Equipment) of the substations, including instal- privreda BiH d.d. Sarajevo. lation of new power transformers for Troyanovo- Deadline: 25 May 2010, 10:00 hrs, local time North and Troyanovo-3 Mines at “Mini Maritza East” EAD, Bulgaria. Contact: Mrs. Habiba Durmo Tel: +387 33 751 441 D. PIU Consultancy service for advising the Employer Fax: +387 33 751 407 in the procurement of the projects financed and co- Email: [email protected] financed from the Kozloduy International Decom- missioning Support Fund. Company / PPC, Greece organization: More info on: Consulting services for the implementation of operational efficiency improve- http://www.ebrd.com/oppor/procure/opps/goods/ ments in Mines general/090925a.htm Content: . PPC has launched an international open procedure Deadline: 24 September 2010 at 24:00, Stara Zagora time call for tenders with sealed tenders, for selection of a Contact: Mr. Todor Todorov contractor for the project “consulting services for the Executive Director implementation of operational efficiency improve- “Mini Maritza Iztok” EAD ments in Mines Bu”. The project has an estimated 6260 Radnevo budget of 300 000 EUR, plus VAT. The above budget 13 Georgy Dimitrov Str. constitutes an upper limit for the tenders. Stara Zagora district Bulgaria The award criteria shall be the most technoeconom- Fax : + 359 417 82417 ically advantageous proposal/offer according to the Email: [email protected] procedure described in the Article 6 of the docu- Company / ment “Bidding Terms and Procedures” EBRD, related Serbia organization: Deadline: 07 June 2010, 11:00 hrs, local time Announcement: Srbijagas - Services, Works, Goods Contact: Mr. John Ioakeim + 30 246 10 930 66 Content: Srbjiagas intends using the proceeds of a loan from Ms. Anna Siganou the European Bank for Reconstruction and Develop- +30 210 510 5192824 ment for a project to optimize its capital structure [email protected] through replacing emergency bridge loans with long term financing; undertake urgent works aimed at preserving the pipeline network integrity, and Company / EBRD, related Bulgaria build a new underground gas storage facility. The organization: proposed project, which has a total estimated cost of Announcement: Energy efficiency rehabilitation at Martisa East mines EUR150 million equivalent, will require the procure- Content: . “Mini Maritza East” EAD (the “Employer”) intends ment of the following goods, works and services: using the proceeds of the grant funds provided by the “Kozloduy International Decommissioning Sup- - Works: Pipeline network rehabilitation, including port Fund” (the “KIDSF”), administered by the Eu- environmental protection and safety upgrade; and ropean Bank for Reconstruction and Development construction of a new underground gas storage fa- (the “Bank”) and of its own financial sources towards cility the cost of design, implementation and consultancy - Goods: Components for the pipeline network reha- services for: bilitation (pipes, valves and fittings); Equipment and components for the new underground gas storage A. Construction (Supply and Installation of Plant and facility Equipment) of on-line load control of the operation - Consultancy services: PIG survey fitness for pur- of the belt conveyors and excavators at “Mini Mar- pose study; PIU support including procurement; Ba- itza East” EAD, Bulgaria. sic design for the underground gas storage facility; feasibility study for storage/design/preparation of It shall include design, engineering, procurement, tender documents; feasibility study for interconnec- delivery, construction, installation, pre-commis- tion; Integrated Strategic Expansion plan study for sioning and commissioning of on-line load control Srbjiagas; and a Lenders Technical Monitor system (including software) to overburden removal, Tendering for the above contracts is expected to transportation and spreading facilities of Troy begin at the end of the first quarter of 2010 for the consultancy services, and during the third quarter of 2010 for goods and works contracts.
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Deadline: 17 February 2011, Belgrade time Company / EBRD, related Montenegro organization: Contact: JP Srbijagas, 12 Narodnog Fronta, 21000 Novi Sad, Serbia Announcement: EPCG Metering Proj. Goods, works, services & consultancy Tel: +381 21 481 2703 Content: Elektroprivreda Crne Gore (“EPCG”) has applied for Fax: +381 21 481 4305 a loan from the European Bank for Reconstruction Email: [email protected] and Development (the “Bank”) towards the cost of modernising the electricity distribution infrastruc- Company / ture in Montenegro to enable EPCG to reduce losses, EBRD, related Serbia organization: improve the quality and reliability of supply, and im- Announcement: EPS: Consultancy Services, Services, Works, Goods prove energy efficiency. Content: EPS has applied for a loan from the European Bank The proposed project has a total estimated cost of for Reconstruction and Development towards the Euro 43 million, of which EUR 38 million is proposed cost of modernizing the electricity distribution in- to be financed by the EBRD, and will require the frastructure in Serbia to enable EPS to reduce losses, procurement of the following consultancy services, improve the quality and reliability of supply, and im- goods, works and services for: prove energy efficiency. (a) Goods and related services for purchasing of me- The proposed project has a total estimated cost of tering equipment for medium voltage, and the in- 80 million EUR, of which 40 million EUR is proposed stallation of the aforementioned items; to be financed by the EBRD, and 40 million EUR by the European Investment Bank (EIB). The project will (b) Goods and related services for purchasing of me- require the procurement of the following consultan- tering equipment for low voltage with remote read- cy services, goods, works and services to be funded ing and remote disconnection capabilities, and for by the EBRD for: cables, pillars, metering boxes, and auxiliary equip- ment for the installation of the aforementioned 1. Goods and related services for purchasing of me- items; tering equipment for medium voltage, and the in- stallation of the aforementioned items; (c) Supplies and services for supply, implementation and training of software for remote management, 2. Goods and related services for purchasing of me- remote reading, and measurement database tering equipment for low voltage with remote read- ing and remote disconnection capabilities, and for (d) Consulting services to support the Project Imple- cables, poles, metering boxes, and auxiliary equip- mentation Unit established by EPCG. ment for the installation of the aforementioned items; Tendering for contracts under (d) above is expected to begin in the final quarter of 2009, and for the rest 3. Supplies and services for supply, implementation of the Project in the second quarter of 2010. These and training of hardware and software with the ca- components are anticipated to be financed princi pabilities of remote management, remote reading, and a measurement database Content: pally by the EBRD.
4. Consulting services to support the Project Imple- Contracts to be financed with the proceeds of a loan mentation Unit established by EPS. from the EBRD will be subject to its Procurement Policies and Rules and will be open to firms from any Tendering for contracts under 4. above is expected country. The proceeds of the EBRD’s loan will not be to begin in the third quarter of 2010, and for the rest used for the purpose of any payment to persons or of the Project in the second quarter of 2010. entities, or for any import of goods, if such payment or import is prohibited by a decision of the United Deadline: 17 February 2011 at 23:00, Belgrade time Nations Security Council taken under Chapter VII of Contact: EPS, Balkanska 13 the Charter of the United Nations or under a law or Belgarde 11000, Serbia official regulation of the purchaser’s country. Email: [email protected] Tel: +381 11 3611 434 Deadline: 3 November 2010 at 23:00, local time time Fax: +381 11 3611 908 Contact: Mr Velimir Strugar Deputy Director Functional Unit Distribution Ul. Ivana Milutinovića 12, Podgorica Montenegro Fax: +382 20 241 235 E-mail: [email protected]
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Company / Company / EBRD, related Bulgaria EBRD, related Bulgaria organization: organization: Announcement: Sofia District Heating Rehabilitation Announcement: National Radioactive Waste Disposal Facility Content: The Kozloduy International Decommissioning Sup- Content: The Kozloduy International Decommissioning Sup- port Fund (KIDSF), administered by the European port Fund (KIDSF) has been established and is ad- Bank for Reconstruction and Development (EBRD), ministered by the European Bank for Reconstruction was established in 2001 for the support of the de- and Development (EBRD). One of the purposes of commissioning of Units 1-4 of the Kozloduy Nuclear this Fund is to finance, or co-finance preparation Power Plant. One of the purposes of this Fund is to and implementation of selected projects, which finance or co-finance preparation and implemen- would require procurement of goods, works and tation of selected projects that aim the necessary services for establishment of the National Disposal restructuring, upgrading and modernization in vari- Facility for Low and Intermediate Level Short Lived ous Bulgarian industry sectors consequential to fi- Radioactive Waste in an environmentally safe and nal shutdown of Units 1-4 of the Kozliduy Nuclear cost effective manner. Power Plant. A Project Management Unit has been established Toplofikacia Sofia EAD, the single owned joint stock and is in operation at State Enterprise Radioactive district heating company serving the city of Sofia Waste to manage the projects notified below. carried out the rehabilitation of the centralized dis- trict heating system in the city. The District Heating This General Procurement Notice draws attention to Rehabilitation Project comprised the modernization the following new upcoming procurement activi- of district heating substations, replacement of pipe- ties: lines, compensators, valves, thermal insulation of • Pre-disposal Monitoring of the Radiana Site - Geo- over-ground pipelines, conversion to variable flow desic Monitoring of the Sofia district heating network. • Pre-disposal Monitoring of the Radiana Site – Geo- Toplofikacia Sofia EAD intends to use additional technical Monitoring and Analysis grant funds of the Kozloduy International Decom- missioning Support Fund (KIDSF) for continuation This project is for Geotechnical monitoring and anal- of the Project for replacement of the left, old, not au- ysis of the Radiana site. The work tomated substations in Sofia district heating system. These funds shall be used for delivery, installation, • Pre-disposal Monitoring of the Radiana Site - Seis- testing and commissioning of: individual heating mic Monitoring substations units for space heating and domestic hot water including. heat exchangers, circulation • Pre-disposal Monitoring of the Radiana Site – Geo- pumps, control valves and automation devices. dynamic Monitoring
Tendering for the above contracts is expected to be- • Pre-disposal Monitoring of the Radiana Site – Hydr- gin in the first half of 2010. In case the KIDSF does ogeological Monitoring and Geochemical Analysis not grant these additional funds to Toplofikacia So- fia, the tender procedure shall be cancelled. • Pre-disposal Monitoring of the Radiana Site – Ra- diological Monitoring The budget for the project, subject of this GPN is about EUR 10 million. • Pre-disposal Monitoring of the Radiana Site – Me- Deadline: 19 January 2011 at 23:59, Bulgaria time teorological Monitoring
Contact: “Toplofikacia Sofia” EAD • Preparation of the Radiana Site Mrs. Anastasiya Markova, PIU Manager Tel: +359 2 8593171 • Technical Design and ISAR preparation for National Fax: +359 2 8599124 Disposal Facility Email: [email protected] More info on: http://www.ebrd.com/oppor/procure/opps/goods/ general/091130a.htm Deadline: 29 November 2010 at 23:59, Bulgaria time Contact: Mr. Boris Pekov Executive Director State Enterprise Radioactive Waste Blvd, James Bourchier 51, fl.18 Sofia 1407 Bulgaria Fax. + 359 2962 5078 e-mail: [email protected]
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Company / Contact: EBRD, related Bulgaria BH-Gas d.o.o. Sarajevo organization: Hamdije Cemerlica 2 Announcement: Small Hydro Power Plant on the Iliina River 71000 Sarajevo, Bosnia and Herzegovina Tel: +387 33 279 000 Content: Rila Holy Cloister (the “Employer”) intends to use Fax: 00 387 33 661 621 the proceeds of the grant funds provided by the Email: [email protected] Kozloduy International Decommissioning Support [email protected] Fund (the “KIDSF”), administered by the European Bank for Reconstruction and Development (the Company / “Bank”) for a project for Construction of a Small Hy- EBRD, related Bulgaria dro Power Plant on the Iliina River for the Secure and organization: Reliable Energy Supply and for the Energy Efficiency Announcement: Bulgartransgaz Silistra, Kozloduy, Oryahovo Developmen Improvements of the Rila Holy Cloister and the Area. Content: Bulgartransgaz Silistra, Kozloduy, Oryahovo De- The proposed project, which has a total estimated velopment Bulgartransgaz EAD (the “Employer”) cost of EUR 2.9 million, will require the procurement intends to use the proceeds of the Grant funds of the following goods, works and services: provided by the Kozloduy International Decommis- sioning Support Fund (the “KIDSF”), administered by • Design, supply, construction and commissioning of the European Bank for Reconstruction and Develop- a small hydro power plant on the Iliina River; ment (the “Bank”) and its own resources to finance the cost and complete the Project for delivery and • Project Implementation Unit consultancy service construction of high pressure gas pipeline to, and to support the Employer in technical specification, gas regulation stations in Silistra, Kozloduy and procurement and supervision of the implementa- Oryiahovo. tion of the Project; The Project, which has a total estimated cost of EUR 23.2 million, will require the following deliveries and • Consultancy service for the Environmental Impact construction services: Assessment of the project. A. Delivery of steel pipes and fittings for a gas pipe- line. The procurement of the above contracts is expected B. Delivery of gas valves. to begin in the third quarter of 2010. C. Automatic Gas Regulation Stations (AGRS). Deadline: 25 May 2010, 10:00 hrs, local time D. Construction of high pressure gas pipelines and Contact: Mr. Rosen Mihailov gas regulation stations. Tel: +359 87 883 47 44 Construction and Commissioning of about 70 km Fax: +359 7054 33 83 gas transmission pipeline, optical fiber cable line E-mail: [email protected] within the gas pipeline easement and two AGRS.
More info on: Company / EBRD, related Bosnia and Herzegovina http://www.ebrd.com/oppor/procure/opps/goods/ organization: general/090901a.htm Announcement: BH Gas D.O.O. Sarajevo (General) Deadline: 1 September 2010 at 00:00, Sofia time Content: BH-Gas intends to use the proceeds of a loan from Contact: Mr. Angel Semerdjiev the European Bank for Reconstruction and Devel- Executive Director Bulgartransgaz EAD opment („EBRD“) and its own resources towards 66, Pancho Vladigerov Blvd. Sofia 1336 Bulgaria the costs of high-pressure gas pipeline construc- Fax : + 359 29396462 tion in Central Bosnia Canton enabling gasification e-mail: [email protected] of 4 municipalities - Travnik, Vitez, Busovaca, Novi Travnik - in this Canton. Company / Kek, related Kosovo The proposed project has an estimated cost of EUR organization: 17,0 million, proposed to be financed by the EBRD, Repair of thermal insulation in TPP Kosovo B and will require the following deliveries and con- Content: Works on repair of thermal insulation in TPP Kosovo struction services: B. A. Line Pipe Supply: Delivery of steel pipes for high Qualified bidders must have previous experience pressure gas pipeline, which are DN 400 (16″, cca 41 in conducting same works. Bidders must also prove km) and DN 200 (8″, cca 7 km) that they possess the requited technical resources, in order of successfully completing the contract. B. Basic Equipment Supply: 4 block stations, 2 Pig Launcher/Receiver Stations Deadline: 26 May 2010 Contact: Mr. Njazi Thaqi C. Metering & Regulator Station Supply: 4 MRS Mr. Driton Pruthi Fax: + 381 38 222 604 D. Pipeline Construction Email: [email protected] Email: [email protected] E. Construction Supervision
Prequalification for all of the above contracts is ex- pected to begin by the end of second quarter 2010. Deadline: 8 April 2011 at 24:0, Sarajevo time
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Company / EBRD, related Bulgaria organization: Announcement: onstruction of wood biomass heating plant in town Triavna Content: The project announced within this procurement no- tice will be partially financed from the Kozloduy In- ternational Decommissioning Support Fund (KIDSF), established in 2001 for supporting the decommis- sioning of Units 1-4 of the Kozloduy Nuclear Power Plant. One of the purposes of this Fund is to finance or co-finance preparation and implementation of se- lected projects that aim the necessary restructuring, upgrading and modernisation in the energy sector and improving energy efficiency.
This General Procurement Notice draws attention to the forthcoming tender/s for supply of goods and installation of equipment for the construction of a modern biomass fired heating plant and the related district heating network in the town of Triavna. The tendering includes:
1. Supply of loading machine and specialised wood transporting truck;
2. Supply of district heating network pipes;
3. Supply and installation of heating substations to customer sites.
Overall budget for the project is Euro 4 million, from which Euro 0.8 million will be financed from KIDSF. The tendering for the above contract/s is expected to begin in the third quarter of 2009. Deadline: 21 May 2010 at 00:00, Sofia time Contact: Mr. Svetozar Todorov Investor’s representative BioEnergia Triavna OOD 4 Trapezitsa str., entr. 4, fl. 4 Sofia 1000, Bulgaria e-mail: [email protected] Telephone/Telefax: +359 2 989 89 50
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