Friday, June 29, 2012

The third energy liberalization package has passed the first reading

Week in Slovakia (June 25 - July 1, 2012)

Monday - 25th June 2012

Regulatory Office for Network Industries wants to control the companies which did not evaluate the quality standards last year. It will control as well as firms that according to the assessment did not noticed any incident relating to compliance with quality standards. (more information - automatic translation via Google Translate)

A private investor who wants to build a combined cycle power plant in Strazske received a certificate of compliance with long-term investment plan concept of energy policy from the Ministry of Economy of the Slovak Republic. (more information - automatic translation via Google Translate)

According to the amendment of the excise tax on electricity, coal and natural gas, which was signed on Monday by the President Ivan Gašparovič, small producers of "green energy" will be exempt from the taxes. (more information - automatic translation via Google Translate)

 

Tuesday - 26th June 2012

Differences in fuel prices are mainly caused by production costs and taxes. The final price of motor fuel, according to analyst Michal Hudec from web portal energia.sk, consists of four components - the cost of crude oil prices from the processing, transportation, insurance, distribution storage and excise tax and value added tax. (more information - automatic translation via Google Translate) 

 

Wednesday - 27th June 2012

Slovakia will have after the completion of Mochovce slight surplus in electricity production. (more information - automatic translation via Google Translate)


New thermal distribution will be build in Košice. The project is funded from external sources through bank loans, the total estimated cost is about 17 million euros. The company TEKO will invest 5.5 million euros and TEHO 11.5 million euros. (more information - automatic translation via Google Translate)

 

Thursday - 28th June 2012

The third energy liberalization package has passed the first reading. (more information - automatic translation via Google Translate)

According to the member of the party SAS Juraj Miškov, the current government takes "incredible power" to the Chairman of the Regulatory Office for Network Industries. (more information - automatic translation via Google Translate) 

The company Slovenský plynárenský priemysel (SPP) wants to raise gas prices for households by 17%.  According to the spokesman of the SPP Peter Bednár, the reason for the proposed price adjustment is the fact that the company had no opportunity to consider their actual costs from the beginning of this year. At the gas prices adversely impinges also exchange rate of U.S. dollar against the euro. (more information - automatic translation via Google Translate)

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