News in English vEnergetike.sk

3.11.15. Mochovce third nuclear block enters testing stage ( SITAenergetika.sk)

Slovenske Elektrarne revived the control room at the third nuclear block in Mochovce. The head of SE Nicola Cotugno says that the company has thus fulfilled its commitment to finish the third and fourth block of Mochovce power plant under schedule.

3.11.15. Regulator launches price-setting process ( SITAenergetika.sk)

The Regulatory Office for Network Industries would like to reflect falling gas prices on markets into gas prices for households and small companies. The series of regulated gas price reduction are likely to continue.

28.10.15. SE’s accounting allegedly caused € 308 mln damage to state ( SITAenergetika.sk)

The investigator of the National Criminal Agency has already charged L. K. with causing damage to the state by misleading accounting operations in the individual financial statements of Slovenske Elektrarne for the year 2005.

27.10.15. PM wants option for a possible purchase of 17 pct in SE ( SITAenergetika.sk)

Slovakia’s Prime Minister says that if Italian Enel sells 33-percent out of its 66-percent stake in the power utility Slovenske Elektrarne to a new investor in the first round, the state will apply for the option to purchase a 17-percent stake which would be carried out after completion of Mochovce.

26.10.15. EPH to find investor for its unit in IPO or directly ( SITAenergetika.sk)

If the Czech energy holding decides to sell a minority stake in its new arm EPIF, which will group the energy assets, the new investor must be one of the global infrastructure funds with clear history.

26.10.15. Weekly: Slovenske Elektrarne and the "Holy" trinity ( SITAenergetika.sk)

It will be interesting to watch the trinity of the extravagant state, tough businessmen and investor from southern Europe where system „tomorrow“ is very popular.

22.10.15. State-owned Bratislavska Teplarenska lost million-lawsuit ( SITAenergetika.sk)

Bratislavska Teplarenska heating plant will definitely have to pay at least 28.7 million euros to Paroplyn Holdings Limited which is in Penta’s portfolio.

21.10.15. Completion of Mochovce may not be delayed in the end ( SITAenergetika.sk)

After the cabinet’s session, Economy Minister Hudak Vazil confirmed that the state wants to have more power in Slovenske Elektrarne.

20.10.15. Mochovce allegedly delayed by roughly three months ( SITAenergetika.sk)

The economy ministry informed that the launch of the third block of Mochovce NPP into commercial operation had been postponed from November 2016 to the first quarter of 2017. The Nuclear Regulatory Authority confirmed a moderate delay. SE wants to meet deadlines.

20.10.15. FICO: try to get back some share of power ( SITAenergetika.sk)

Prime Minister Robert Fico has not given up its intention to purchase some shares of Slovenske Elektrarne from Italian Enel which put up its 66-percent stake for sale.

19.10.15. Slovnaft is no longer interested in Slovenske Elektrarne ( SITAenergetika.sk)

Bratislava-based refinery disapproves that Italian company Enel had stopped providing information on the overall process of the completion of the third fourth blocks at Mochovce NPP.

19.10.15. Weekly: Police is searching for offenders ( SITAenergetika.sk)

The police have accused five former state managers of Vodohospodarska Vystavba of violating their duty when administering someone else’s property.

16.10.15. NKU’s controllers: State does little to save energies ( SITAenergetika.sk)

Inspectors from the Supreme Audit Office have encountered several problems and risks associated with the fulfilment of Slovakia’s commitments to the European Union. Under these commitments, Slovakia is expected to reduce primary energy consumption by 20% until 2020.

15.10.15. Gabcikovo plant overhaul delayed allegedly due to crime ( SITAenergetika.sk)

The company Vodohospodarska Vystavba was supposed to announce a tender for the Gabcikovo hydropower plant overhaul in summer. It has not eventually been announced due to a possible crime during the operation of the power plant in the past.

14.10.15. Five people accused at Slovenske Elektrarne ( SITAenergetika.sk)

It is yet unknown who was accused of particularly serious crime of violation of the duty to administer someone else’s property. Police officers also refused to specify whether Slovak or also Italian managers were involved.

12.10.15. State budget is not generous to Slovak energy sector ( SITAenergetika.sk)

Less than 8.3 million euros was allocated for energy support from the European Union and co-financing compared to over 16 million euros spent every in years 2013 and 2014. This year, the support is expected to reach less than 21 milllion euros.

12.10.15. Weekly: Tactics, or mere reluctance? ( SITAenergetika.sk)

The state has not yet agreed with Italian Enel to privatization settlement. It is hard to say whether the state uses highly sophisticated tactics, or is just unwilling to help Italians get rid of their stake in Slovenske Elektrarne for a better price.

8.10.15. Slovak-Hungarian pipeline "empty" for now ( SITAenergetika.sk)

The Slovak-Hungarian gas pipeline officially started commercial operation in July 2015. However, gas traders have showed no interest in transporting gas via this new pipeline.

7.10.15. Unsettled privatization of Slovenske Elektrarne still haunts ( SITAenergetika.sk)

Italian Enel and the state failed to settle privatisation of a 66-percent stake in Slovenske Elektrarne after almost ten years. This fact can play an important role in the sale of Slovenske Elektrarne.

5.10.15. Households are impatiently waiting for small RES support ( SITAenergetika.sk)

The company Zapadoslovenska Energetika currently registers more than 6,000 applications from all Slovak regions.

2.10.15. Secret talks on sale of Slovenske Elektrarne continue ( SITAenergetika.sk)

Czech energy holding EPH and Italian Enel declined to comment on ongoing talks.

1.10.15. Fine won’t replace removal of support for green producers ( SITAenergetika.sk)

MPs Alojz Pridal, Julius Brocka and Juraj Mikus have proposed an ordinary fine instead of removing the annual support for those producers who fail to fulfil their reporting obligations. The Parliament has showed no understanding for their amendment to the Act on the Promotion of Renewable Energy Sources.

Bane Hornonitrianske bane Prievidza Robert Fico uhlie

30.9.15. Our electricity customers support also Romanian miners ( SITAenergetika.sk)

Hornonitrianske Bane mines based in Prievidza, which supplies brown coal to a coal-fired power plant in Novaky, also employs Romanian miners.

28.9.15. Modernisation of Novaky coal-fired power plant on time ( SITAenergetika.sk)

Slovenske Elektrarne plans to continue generating electricity at Novaky power plant from brown coal and biomass.

Bohunice Jaslovské atómová elektráreň SE

24.9.15. Residents demand cheaper electricity in case of new NPP ( SITAenergetika.sk)

The company JESS, which is preparing the project of a new nuclear power plant in Jaslovske Bohunice, considers compensation requirements presented by mayors of surrounding villages premature at this stage of the project.

23.9.15. IFP: Partial deregulation of energy prices would be possible ( SITAenergetika.sk)

According to the Financial Policy Institute, the full abolition of the regulation of electricity and gas prices for Slovak households could be considered in five years. It is necessary to achieve a certain degree of change of suppliers and market concentration.

Atómová elektráreň Jaslovské Bohunice SE

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