Issue 285 Published by
v NewsBase CE/FSU POWER MONITOR
vNews vAnalysis
vIntelligence
Attachment To Civilian Nuclear Power Remains
1st Annual European Energy Policy Conference
Strategic Energy Investment & Joint VenturesForum 2005
Slovakian Government Finally Approves Sale ofSE to Enel
NewsBase v
Slovakian Nuclear Sector Urges More NPPs ToSecure Power Supplies
If you like this publication, you might find some of our other products of interest. ChinElec -- China Power Monitor
Chubais Rebuffs Estonian Attempt To Break
ChinElec brings you detailed analysis and intelligence on power sector developments in China. The report focuses on what's going on, and why, in the Chinese electricity industry. China Oil & Gas Monitor
Croatia's HEP Reduces Transmission Losses by130 million kWh
A weekly report providing extensive coverage and analysis of the Chinese oil and gas sectors. FSU Oil & Gas Monitor News, analysis and market intelligence covering developments from Russia and the key oil and gas producing countries in the Former Soviet Union. Middle East Oil & Gas Monitor Essential weekly news and intelligence covering upstream, midstream and downstream issues from
Russia and China May Link Up in Floating NPP
across the Middle East region. For a FREE trial to any of our publications, or to discuss your requirements further, please drop us a line on: [email protected] or call us on +44 131 478 7000 We also offer an up-to-date archive of all the news and analysis we have ever published. To gain access, visit: www.newsbase.com NewsBase. What's going on and Why Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
CE/FSU Power Monitor 19 October 2005 Week 41 Attachment To Civilian Nuclear Power Remains Strong in Armenia, Bulgaria, Lithuania After the Chernobyl disaster in 1986, it is hardly surprising that the European Union would seek to rein in the use of
economic as well as energy security. Soviet nuclear technology in states seeking EU membership or assistance from Brussels.
out of nuclear power in these states.
their closure should be pushed back.
preserving the nuclear power sector.
Belene project with the followingstatement: "[Nuclear] energy
Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
CE/FSU Power Monitor 19 October 2005 Week 41 FAS Comes Out Against Winding Up of UES
also against handing UES' foreignassets to the new federal network
Further questions over the future of the reform of Russia's power sector were asked last week as the Federal Anti- monopoly Service (FAS) came out against Russian power monopoly United Energy Systems (UES) being wound up in 2007, as laid down in the power sector restructuring programme being pushed forward by Anatoly Chubais, the UES CEO.
implemented," Podolevskikh said.
Prospect Investment told Energo.
"It is likely that UES, as a managing
"I believe this is one of the clearest
Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
FSU/CE Power Report 19 October 2005 Week 41 Slovakian Government Slovakian Nuclear Sector Finally Approves Sale of Urges More NPPs To SE to Enel Secure Power Supplies
Economy Ministry had not alteredthe government's approach to the
After nearly two months of Slovakia may have to consider delay, the Slovakian building more nuclear power government has taken a plants (NPPs) above and crucial step towards beyond existing planned completing the planned sale of upgrades and new reactors, a the country's dominant power top official at the Slovakian company, Slovenske Nuclear Society told an Elektrarne (SE), to Italian utility international conference last
society, according to the SITA newsagency.
today by the seller," said Mitka.
Slugen was speaking at a nuclearindustry conference on October 11.
comes from nuclear sources. But theplanned closure of the country's
annual strategies, the FNM'sspokeswoman, Tatjana Lesajova,
granted the country a requested 400million euros (US$500 million) in aid
Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
CE/FSU Power Monitor 19 October 2005 Week 41
… and reduce pollution in Slovakia,"
near certainty in light of Italian Enel's
Chubais Rebuffs Estonian Attempt To Break Energy Deadlock Anatoly Chubais, CEO of Russian electricity monopoly United Energy Systems (UES), has rejected a proposal from Tallinn to allow power utility Eesti Energia to lease part of the Narva hydropower station (HPP) situated on the Estonian side of the Estonian-Russian
continue refining Russian oil shale. Croatia's HEP Reduces Transmission Losses by 130 million kWh Croatia power utility Hrvatska Elektroprivreda (HEP) has managed to reduce significantly its power transmission losses thanks to the connection in 2004 of transmission grids in Southeast and Central Europe. Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
CE/FSU Power Monitor 19 October 2005 Week 41 Studies and the Onamics risk consultancy.
in Croatia is growing by 4% per year. Russia's Technopromexport Seeks Direct Investments in Serbian Energy Sector Russian power engineering companies have returned to Slovenian Energy the former Yugoslavia after a Security Above Regional 15-year absence, after turbine builder Technopromexport
membership greatly improves energysecurity. As European energy
signed an 8 million euro Slovenia's ability to prevent or (US$10 million) contract for the recover from sudden or modernisation of block A at the prolonged black-outs is better
resistant to black outs and otherenergy supply problems, he said. Kostolac thermal power plant than in 11 other Central and (TPP) in Serbia. Eastern European countries, according to an international survey carried out by the coutnry's Institute for Strategic Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
FSU/CE Power Report 19 October 2005 Week 41
sees as a priority," Khristenko said. Russian Government To Allow Foreign Ownership
the project if needed," Polushkin was
of Thermal Assets Foreign investors are to be allowed to buy up Russia's thermal power plants (TPPs), Victor Khristenko, Russia's industry and energy minister,
"The legislation does not place limits
assured foreign operators at a meeting with Mikael Lilius, president of Finland's Fortum, last week. Russia and China May Link Up in Floating NPP Russia aims to build a floating nuclear power plant (NPP) next year, and is willing to borrow up to 400 million rubles (US$14 million) from China to complete the project, Alexander Polushkin, head of development at Russia's Rosenergoatom nuclear operator, told Itar-Tass last Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
CE/FSU Power Monitor 19 October 2005 Week 41 as well as meet local energy
in the town of Reni, south of Odessa.
Draft supply contracts for the TPPare currently being drawn up by the
TNK-BP Holds Investment Tender for Power Plant Project TNK-BP has announced a tender to attract an investor to build a pilot 32 MW gas-fired thermal power plant (TPP) to supply the company's exploration and production assets in Russia's Orenburg
The TPP is to use associated gasfrom the Russian-British company's
Greeks To Build Power Plant in Odessa
Romania and Slovakia, as well asRussia. Ukraine produced 87 billion
Greek investors have shown interest in funding the construction of a new 1,200 MW gas-fired thermal power plant (TPP) near Odessa in Ukraine, which would be able to export power to the Balkans Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
FSU/CE Power Monitor 19 October 2005 Week 41
From the Local Press EMISSIONS TRADING COULD BE TUROW AND BELCHATOW A REALITY IN HUNGARY FROM MINES AND POWER PLANTS TO INCREASE OUTPUT AHEAD OF SERBIA BACKS AGREEMENT TO ESTABLISH BALKAN ENERGY COMMUNITY HPPS TO BE BUILT ON THREE HUNGARIAN RIVERS BELCHATOW POWER PLANT TO BORROW FROM NORDIC INVESTMENT BANK UNIVERSITY INAUGURATES LARGEST SOLAR ENERGY FARM IN HUNGARY Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
CE/FSU Power Monitor 19 October 2005 Week 41 www.emisje-co2.pl, October 13, 2005NEW WIND FARM TO BE BUILT POLES TURN TO BIOMASS AS GAS, HEATING OIL AND COAL UES MAY LIFT MORATORIUM PRICES RISE ON ASSETS SALE
The seaside town of Puck willsoon have its own 22 MW wind
UES CAN NOW SELL ASSETS KOMPANIA WEGLOWA RECEIVES SHARES IN CIECH CHEMICAL GROUP FROM GOVERNMENT UES WANTS ELECTRICITY FEES TIED TO INFLATION Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
CE/FSU Power Monitor 19 October 2005 Week 41 UES PLANS TO SELL ZARUBEZHENERGOSTROI BASHKIRENERGO PRESS SERVICE,October 13, 2005IRKUTSKENERGO RAISES ELECTRICITY OUTPUT BY 5.7% GAZPROMBANK TP HELP MOSENERGO BORROW 10 BILLION RUBLES UES FIXES PRICE FOR POWER MACHINES
intends to purchase 22.4% ofPower Machines shares for no
ALTAIENERGO SENDS NEW BOILER HOUSE WILL BE CREDITOR TO COURT BUILT IN ONEGA, ARKHANGELSK REGION BALANCING ELECTRICITY MARKET TO BEGIN OPERATING
replace two coal-fired boilers inOnega, reducing the discharge
WWW.KOMMERSANT.RU, October 17,2005
Energy Systems (UES) marketdevelopment department. The
BASHKIRENERGO SEES RUSSIAN COAL NEEDS ELECTRICITY OUTPUT GROW DRESSING Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
CE/FSU Power Monitor 19 October 2005 Week 41 SUEK BUYS EQUIPMENT FOR KIROV MINE CHELYABINSK COAL COMPANY CUTS OUTPUT BY 8.1% KEMEROVO REGION: 122.1 MLN TONNES OF COAL MINED YUZHKUZBASSUGOL TO ENGAGE IN MECHANICAL ENGINEERING BELON GROUP CHOOSES KHD FOR EQUIPMENT SUPPLIES ADMINISTRATION PRESS CENTRE,October 12, 2005RASPADSKAYA MINE DOES NOT WANT TO BE SOLD TO Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
CE/FSU Power Monitor 19 October 2005 Week 41 SUEK REACHES AGREEMENT WITH BELAZ ON SUPPLIES AND SERVICES ENERGOATOM SIGNS TWO CONTRACTS FOR 2.65 MILLION UZBEKISTAN TO HOLD TENDER FOR THERMAL POWER STATION STAKE KUZBASSRAZREZUGOL TO INVEST IN SOCIAL PROJECTS IN LENINGRAD REGION FSK TO BUY STAKE IN SANGTUDIN GES-1 HYDRO POWER STATION Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
CE/FSU Power Monitor 19 October 2005 Week 41 1st Annual European Energy Policy Conference 1st Annual European Energy Policy Conference
`Shaping the future of the energy industry in Europe`
The first in a series of events set to run annually over the next five years, the 1st Annual European EnergyPolicy Conference has been specifically developed to provide stakeholders with a regular opportunity to
come together and discuss major policy issues surrounding energy in Europe as the long term future of
Exploring…EU & National Policy Options, Investment Climates, For more information and to register contact Dan Craft on [email protected] / +44 (0) 2920 642 701 or go to www.epsilonevents.com. `Disseminating critical information`
Epsilon Events Ltd. 12 Coopers Yard Cardiff Bay UK CF10 5NB www.epsilonevents.com
Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
FSU/CE Power Report 19 October 2005 Week 41 EMART Energy 2005 9 & 10 November 2005, Nice, France EMART Energy 2005 includes sessions on: - Information Systems in a Competitive Energy MarketPre Conference Events on 8 November 2005:
· Workshop: Understanding and using EFET form Agreements
· PricewaterhouseCoopers Seminar on Energy, Utilities & Mining
& The European Traders Party of the Year in Monaco! For a detailed programme and registration please visit: WWW.EMART-ENERGY.COM Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
FSU/CE Power Report 19 October 2005 Week 41 Strategic Energy Investment & Joint Ventures Forum 2005 http://www.ibc-asia.com/energyinvest.htm Strategic Energy Investment & Joint Ventures Forum 2005 14-15 November 2005, Kowloon Shangri-la Hotel, Hong Kong Hotel, Hong Kong DDo not miss out to:
Meet and Listen To Our Panel of Distinguished Speakers:
Alan Bond, Consultant to Strategic Investments Ltd – Madagascar Oil Di Weiping, General Manager, International Finance, China Development Bank Halfani R. Halfani, Director, Tanzania Petroleum Company, Tanzania Carlos Zacarias, Project and Development Division Manager, INP National Petroleum Institute, Mozambique Subhash Dave, General Manager (Finance), Gujarat State Petroleum Corporation Limited, India Klaus Rehaag, Executive Vice President , Gardner Finance AG, Switzerland Jeffrey Waterous, Non-Executive Chairman, Scotia Waterous, Gibraltar Gleb N. Zamyatin, Executive Director, ABZ Petroleum Investments, Russia Saud Siddique, Principal Investment Officer, Infrastructure - East Asia Pacific Region, IFC/ The World Bank Group Anthony Wu, Managing Director, Beijing Richina Financial Research Co.Ltd., China Guan Jian, Vice President, Jiangxi Provincial Development & Investment Dr. Christoph Weber, Head of Investment Banking, Dresdner Kleinwort Wasserstein, China Somaya Saad, Consul General, Consulate General of Egypt Ross Israel, Chief Operating Officer, Diversified Utility and Energy Trusts (DUET) Australia Robert Israel, Partner, Compass Advisers, LLP, USA Sam Farrands, Partner, Minter Ellison For more information, contact Rachel Sim at Tel: (65) 6835 5136, Fax: (65) 6733 5087 or Email: [email protected] Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
FSU/CE Power Monitor 19 October 2005 Week 41 Jeddah Water and Power Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
NewsBase Information Some of our customers include NewsBase Services Include
¨ FSU Oil & Gas Monitor
The essential news and analysis from the oil & gas sector of
¨ Energo - CE/FSU Power Monitor
A weekly round-up and analysis of power news from
Central and Eastern Europe, Russia and Central Asia.
Hydro, nuclear, electric and thermal news make up this
¨ NewsBase Russia Daily Bulletin
Your other daily newspaper, the bulletin provides a
snapshot of the day's key business and economic activitiesfrom across the former Soviet Union. In-depth data isavailable behind each of the concise summaries. Yes, I would like to try your service
¨ NewsBase Central Europe Daily Bulletin free with no obligation. Please supply me with a free trial
The same simple, legible and concise format as Russia Daily
Bulletin, but focused on Central Europe's emerging marketcountries. Yes, I would like to subscribe.
¨ NewsBase Russian Banking News
Please send me the products marked forthe next 12 months. Call me for payment
An update on key events in the Russian Banking sector,
providing you with unparalleled news from this dynamicand important sector.
¨ NewsBase Telecoms Monitor
The essential guide to what is going on and why inthe telecoms market throughout Central and Eastern
PLEASE FILL IN YOUR DETAILS BELOW
Europe and the FSU. Read our up to date news and
Published by NewsBase Limited 26 Albany Street, Edinburgh, EH1 3QH, Scotland, UK Tel: + 44 131-478 7000 Fax: +44 131-478 7001 Email: [email protected] Edited by Richard Lockhart www.newsbase.com
expert analysis of key developments. Copyright 2005 NewsBase Ltd. www.newsbase.com
All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written
permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the
accuracy of the information contained in this publication. However, no warranty is given as to the accuracy of its contents
Copy of the following instructions received by patient: BEFORE YOUR SURGERY 1. Since ASPIRIN and IBUPROFEN can cause increased bleeding in some people, it is important to avoid medicines which contain these substances for at least 2 weeks before and 2 weeks after surgery. Common medications to avoid: dvil, AlkaSelt-zer, Anacin, Ascription, Bufferin, Cheracol, Cope, Coricidin, Darvon, Compound
My Rewards Checking Truth-in-Savings Disclosure Rate information – My Rewards Checking is a tiered rate account. The dividend rate and annual percentage yield (APY) may change every month. We maychange the dividend rate for your account as determined by the Credit Union board2. At the end of each qualification cycle,of directors or such authorized officers. • The Bonus Rate is pa