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March (1) 2006 Issue of Balkan Energy NEWS, with Limited Data Request Free Trial / Latest Issue on News@Balkanenergy.Com March (1) 2006 issue of Balkan Energy NEWS, with limited data Request free trial / latest issue on [email protected] Energy News on Southeast Europe • twice a month • № 2006-III/1 » EPCG intends to sign a loan agreement with World Bank In this issue: (Montenegro) Analysis: » EN Plus group visited TPP Pljevlja and Coalmine Pljevlja (Montenegro) » Review of Power Sector in Croatia » EFT anticipates 20 million euros of turnover (Romania) News headlines: » Petrom increased capital value at 1,63 billion euros, 42 million euros for new facility (Romania) » NIS one of the largest companies in Middle Europe (Region) » Five companies short-listed in tender for Electrica Muntenia Sud » AMBO director in visit, government asked for new route of AMBO (Romania) pipeline (Albania) » Continuation of controlled gas prices (Romania) » Increase in gas prices (Albania) » New options for gas import and trade (Romania) » Without power cuts in 2007th (Albania) » Government approved Memorandum on Constanta- Trieste oil » Opening of bids for electricity import (Albania) pipeline (Romania) » Separation of TSO and KESH in June (Albania) » Arad-Szeged gas pipeline should be fi nished in two years (Romania) » News from KESH (Albania) » Enel paid additional 15,67 million euros for Electrica Banat » 2,5 million euros of losses for Energopetrol in 2005th (Bosnia and (Romania) Herzegovina) » Import of electrical energy below plan (Serbia) » New energy minister against the sale of Energopetrol to INA-MOL » New power cuts schedule (Serbia, Kosovo) consortium (Bosnia and Herzegovina) » 10 % increase in electricity prices from April (Serbia) » Qatar wants to build LNG terminal in Neum (Bosnia and Herzegovina) » Increase in power consumption, record power production (Serbia) » Connection of two gas networks (Croatia & Bosnia and Herzegovina) » Six new transformers for transmission power network (Serbia) » Austrians interested for wind farms (Bosnia and Herzegovina) » Societe Generale Bank and NIS sign 65 million euros contract (Serbia) »Refi nery in Brod negotiate with several companies (Bosnia and Herzegovina) » NIS announced merger of refi neries in Novi Sad and Pancevo (Serbia) » Tender for restructuring advisor of Bulgargaz the end of March (Bulgaria) Tenders: (Electricity, Nuclear, Oil and gas, Wind) » Enel interested for NPP Belene (Bulgaria) » Nuclear fuel supplies form Russian guaranteed until 2020th Contacts: (Bulgaria) » Possible cancellation of electricity export in 2007th (Bulgaria) » Power producers demand price increase (Bulgaria) » PPC’s off er for TPP Bobov Dol satisfactory, workers protest against Balkan Energy News offi ce the sale (Greece & Bulgaria) http://NEWS.BalkanEnergy.com » Unit 5 in NPP Kozloduy back in operation (Bulgaria) [email protected] » Koncar wants export wind generators (Croatia) » Government of Norway granted 2,5 million euros, 40 million euros still needed for reconstruction of power networks (Croatia) » Construction of new gas pipelines and LNG terminals is necessity (Croatia) » Increase of state taxes for use of natural resources (Croatia) » Liberalization of electricity market continues (Greece) » 45 million loan for DEPA (Greece) » Rokas increases power output in wind parks (Greece) » Hellenic Petroleum plans increase in power production (Greece) » Extension of natural gas network (Macedonia) » Protests against sale of ESM continue (Macedonia) » Sale contract for ESM –Distribution was not made public (Macedonia) » Three bids for purchase of ESM (Macedonia) » Support and guarantees for loans of MEPSO (Macedonia) » Swiss and USA companies want to build gas-fi red power plant (Montenegro) » Minister of economy visited HPP Piva (Montenegro) Balkan Energy NEWS, e-journal Issue No: 2005-IX/1 Balkan Energy NEWS, e-journal Issue No: 2006-III/1 Disclaimer: Energy traded - OPCOM, Romania All rights reserved by Balkan Energy Solutions Team. No part of this pub- lication may be reproduced, redistributed, or in any other way copied as 14000,00 a whole or partially without written permission of Balkan Energy Solu- 12000,00 tions Team. This includes internal distribution. 10000,00 8000,00 Balkan Energy Solutions Team does not warranty the accuracy of the MWh 6000,00 published data contained in this document, although Balkan Energy 4000,00 Solutions Team did great eff orts to collect the data from the respectable 2000,00 and accurate sources. 0,00 1.3.2006 3.3.2006 5.3.2006 7.3.2006 9.3.2006 Power exchanges data: 11.3.2006 13.3.2006 15.3.2006 Greece - Average Daily Transmission Capacities 700 Prices - OPCOM, Romania 90,00 600 80,00 500 70,00 400 60,00 NTC 50,00 MWh/h 300 ATC 40,00 200 EUR/MWh 30,00 100 20,00 0 10,00 0,00 1-Mar 2-Mar 3-Mar 4-Mar 5-Mar 6-Mar 7-Mar 8-Mar 9-Mar 10-Mar 11-Mar 12-Mar 13-Mar 14-Mar 15-Mar 16-Mar Date 1.3.2006 2.3.2006 3.3.2006 4.3.2006 5.3.2006 6.3.2006 7.3.2006 8.3.2006 9.3.2006 10.3.2006 11.3.2006 12.3.2006 13.3.2006 14.3.2006 15.3.2006 16.3.2006 Greece - Daily Consumption minimal pr ic e average price max imal pr ic e 160000 140000 120000 Analysis: [email protected] 100000 80000 MWh 60000 Review of Power Sector in Croatia 40000 20000 This is short intro-sample of the full report “Analysis of Power Sector in 0 Croatia” from SEE Energy Assessment. Full report contains 31 pages. For 1-Mar more info about full report visit www.seeea.net Date Croatia Greece - Average Daily System Marginal Price Area: 56,500 sq. km. 18 Population: 4.7 mil 16 Currency: 1 EUR = 7.44 Croatian kuna 14 Installed capacity: 12 10 8 - Hydro 2071 MW EUR/MWh 6 - Thermal 1603 MW 4 - Nuclear 338 MW 2 0 Electricity consumption (2003): 15,527GWh 1-Mar Generation structure: Date SLOeX - Index - Borzen, Slovenia 12% 37% 18000 Hydro 16000 Thermal 14000 Nuclear 12000 10000 51% 8000 MWh 6000 4000 2000 0 1.3.2006 3.3.2006 5.3.2006 7.3.2006 9.3.2006 11.3.2006 13.3.2006 15.3.2006 Balkan Energy NEWS, e-journal Issue No: 2006-III/1 Following diagrams show monthly electricity imports of Croatia Monthly electricity exchanges in 2002 - Croatia 0 -50 -100 -150 -200 -250 GWh -300 -350 -400 -450 -500 Monthly electricity exchanges in 2002 - Croatia 0 -50 -100 -150 -200 -250 GWh -300 -350 -400 -450 Electricity consumption in Croatia is still lower than it was before war in -500 1991, but it is increasing rapidly with annual growth rate of about 4%. The increase of electricity consumption will continue with about 3-4% per year. Croatian power system is well interconnected with neighbor- ing countries and it has great transit signifi cance. GDP in Croatia is sig- Monthly electricity exchanges in 2002 - Croatia nifi cantly higher than in other countries in the region and consequently electricity prices are signifi cantly higher. Electric power utility company 0 is HEP (www.hep.hr) and it is separated into three companies: HEP Gen- -50 eration, HEP Transmission and HEP Distribution. Under privatization act, -100 at least 51% of HEP will remain government owned. Electricity market is -150 opened for those consumers with annual consumption over 20GWh and -200 all consumers connected directly to the transmission network. Diagram -250 Cro. 1 in full report shows the electricity consumption in Croatia in past GWh -300 10 years. -350 Thermal power plants in Croatia are mostly oil/natural gas fi red because -400 coal reserves and production are very low. The only coal fi red power -450 plant is TPP Plomin 1 and TPP Plomin 2with overall capacity of 315 MW. -500 HEP entered into a Joint Venture Agreement with RWE for completion of TPP Plomin 2 in 1996. In that moment power plant has been partially constructed. RWE received 50% of the ownership in new TPP Plomin The continuous multi-year growth in electricity consumption makes the 2 based on invested capital and loan proceeds received from German construction of new sources a fundamental task of HEP. To fulfi ll plans, banks. RWE was responsible for completion of construction of Plomin it is planned to construct 2000 MW of new installed capacities. By 2008 2 power plant and for its operation for the subsequent 15 years. RWE is it is planned to construct and put into operation a combined-cycle co- entitled to an annual return during the term of the joint venture of 14% generation unit fi red by natural gas(100 MWe, 750 GWhe/80 MWt, 250 to 17% on invested capital (depending on the availability of the power GWht) in the existing location of TE-TO Zagreb and a hydro power plant plant during the year). HEP is obliged to purchase all energy produced Lešće (42.29 MW, 98 GWh). In the period after 2008, it is planned to con- by TE Plomin at prices calculated in accordance to the power purchase struct two combined-cycle units (250 MW, 50 MWt) in the locations of agreement, which is designed to cover all costs of operations of TPP Plo- the existing thermal power plants Sisak and Osijek. It is also planned to min and to ensure the guaranteed return on capital to RWE. Installed construct a replacement unit which will use coal (500 MW) in the loca- capacity of TPP Plomin is 210 MW with annual generation of 1200 GWh. tion of Plomin thermal power plant. Of the hydroelectric facilities, in It started operation in September 1999 the next period it is planned to start preparation for the construction of Podsused (43 MW) and Drenje (39 MW), both on the Sava River in the Hydro power plants have major share in the structure of installed ca- broader Zagreb area. In addition, there are options to construct another pacities in Croatia.
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