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    10-04-06 ©THE HEREN REPORTS - Romania publishes draft NAPs for 2007, 2008-2012
    Romania has published its draft National Allocation Plans (NAPs) for 2007 and Phase II of the EU ETS (2008-2012). The country, which is scheduled to join the EU in January 2007 along with Bulgaria, has allocated 81.317 million allowances to the 222 installations covered by the EU ETS for the first year of operation, according to reports. Romania has allocated an average 91.48 million allowances for 221 sites, rising from 84.7 million in 2008 to 97.1 million in 2012.
    10-04-06 ©THE HEREN REPORTS - Romania TSO listing increases company value
    Romania’s transmission system operator Transelectrica has more than doubled its market capitalisation from its initial listing on the Bucharest Stock Exchange (BVB) on Tuesday (29th August).
    10-04-06 ©THE HEREN REPORTS - Romania�s spot market reaches 7% of power consumption
    Romania’s Day-ahead market (DAM) volumes have grown to reach 7% of the forecast net consumption during the first year of trading under its revised trading arrangements.
    10-04-06 ©THE HEREN REPORTS - Bulgaria encourages wind power production with higher tariffs
    Bulgaria is planning to stimulate investment in wind power generation with a 46% increase in the selling price from 1st January, 2007.
    10-04-06 ©THE HEREN REPORTS - Romania shortlists 13 companies for a stake in Cernavoda NPP extension
    Romania has announced that 13 companies will compete for a stake in building units 3 and 4 of the Cernavoda nuclear power plant (NPP). These include Belgium’s Electrabel, Gabriel Resources from Canada; German giants E.On and RWE; Italy’s Enel; KHNP from South Korea; US company AES and Romania’s Electrica Bucharesti. Three consortiums have also bid, including Canada’s AECL and Italy’s Ansaldo, another with Romania’s Asam-Tess Conex and an international consortium between Luxembourg’s Unit Investments and several Turkish companies. Both companies involved in constructing unit 2 for 2007 have also been short-listed: Canada’s AECL as part of a consortium, and ALRO Slatina.
    10-04-06 ©THE HEREN REPORTS - Enel wins Romania�s Electrica Muntenia Sud tender
    Italian Enel submitted the winning bid for Romanian distribution company Electrica Muntenia Sud, securing the tender for a 67.5% stake from the Romanian government with a bid of EUR 820 million....
    10-04-06 ©THE HEREN REPORTS - Romania TSO announces plan for 10% listing
    Romania’s transmission system operator Transelectrica has announced it plans to list 10% of its shares on the Bucharest stock exchange in the second half of June....
    10-04-06 ©THE HEREN REPORTS - CEE to ease restrictions on power trading
    Regulators in Central and Eastern Europe are bowing to pressure and easing the regulations that discourage new entrants into their power trading markets. Slovenia has led the way to deregulation with an expected adjustment to the energy laws to enable wholesale traders in other markets to enter without meeting expensive and time-consuming conditions to obtain trading licences. The amendments are due to be adopted at the end of June for entry into force in mid-July, encouraging new entrants into the country’s burgeoning power market with wholesale licences gained elsewhere.
    10-04-06 ©THE HEREN REPORTS - American AES begins construction on 670 MW Bulgarian plant
    US power giant AES has begun construction of the Maritza East I lignite-fired 670 MW power plant in Bulgaria, at a cost of US$ 1.4 billion (EUR 1.1 billion).
    10-04-06 ©THE HEREN REPORTS -Two break away in race for Electrica Muntenia Sud stake
    Two bidders have offered more than EUR 750 million for a stake in Romanian power distribution company, Electrica Muntenia Sud, according to Ioan Codrut Seres, the Romanian minister of economy and commerce on Wednesday (10th May).
    10-04-06 ©THE HEREN REPORTS - EC raids Hungarian power wholesaler on anti-competition suspicion
    The European Commission raided the offices of Hungarian power companies MVM and Mavir on Tuesday (16th May) morning, stating that the companies were under suspicion of restricting access to the network through long-term contracts.
    10-04-06 ©THE HEREN REPORTS - CEZ reports 39% rise in net profit delays listing on CO2 volatility
    Czech-based generator and distributor CEZ reported healthy results for Q1 2006, with operating revenues increasing by 26% year-on-year (y-o-y) to CZK 41.5 billion (EUR 1.47 billion), while net profits were up even more significantly, by 39% to CZK 10.4 billion.
    10-04-06 ©THE HEREN REPORTS - OPCOM to trade CO2
    Romanian energy exchange, OPCOM, is ready to launch CO2 allowances trading as soon as the national registry is up and running, The Heren Report has learnt. The exchange, which operates the Romanian Day-ahead market, said it is awaiting pending government legislation to set up the service....
    10-04-06 ©THE HEREN REPORTS - Bulgaria’s NEK to unbundle grid business for EU accession
    Bulgaria’s national power utility has proposed splitting its activities between two companies to liberalise its power markets for EU accession in 2007....
    10-04-06 The News are only in romanian version!

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