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  • he energy Magazine for SoutheaStern europe

    Issue No 3 September - October 2014

    Price: 10 EURO

    INTERVIEW: RAZVAN COPOIU, VP OF SCHNEIDER ELECTRICA GREEN PROMISE FROM DEPA AND FISIKONKURDISH OIL FEEDS THE DREAM OF INDEPENDENCE

    A. ZERVOS:THE STRATEGIC PLAN OF PPC HELLASPROTERGIA AND THE GREEK RETAIL ELECTRICITY MARKETSLOW AND INCOMPLETE REFORM IN BULGARIAN ENERGY MARKET

    LIBERALIZATION OF ELECTRICITYMARKET

    ener

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  • Code: 210062

    Publisher Apostolos Komnos

    Publishing Assistant Dragos Zaharia

    Deputy Editor Emilia Damian

    Edition Advisor George Pavlopoulos

    Editors Emilia Damian Ada Gavrilescu Penelope Mitroulias Nikolay Jekov Stevan Veljovic Vladimir Spasic Kostas Voutsadakis Ian Becker John PispirigosContributors Kostadin Sirleshtov Djordje Popovic Jennifer Grubac Pavlin Stoyanoff Yiannis Kelemenis Konstantina Soultati Ramona Dulamea Varinia Radu Marko Lacaita

    Design A.L.L. Designers www.alldesigners.eu

    Art Director Anastasia Komnou Email: anastasiakomnou@gmail.com

    Commercial Director Apostolos Komnos Email: komnos@gmail.com

    Administration Chrysa Drakopoulou E: energyworld@trimpublications.com

    Subscriptions Romania: +40 21 3110455 Greece: +30 210 7240510 Bulgaria: +359 24 175279

    energyworld Magazine is published bi-monthly by TRIM Publications S.R.L. Sos. Nicolae Titulescu nr.3, Bloc A1, ap.62, Sector 1, CP 011131, Bucuresti

    www.energyworldmag.comwww.trimpublications.comE: energyworld@trimpublications.com

    Energyworld magazine. All right reserved. No part of this publication may be transmitted or reproduced in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher.

    The Energy Magazine for Southeastern Europe

    The Energy Magazine for Southeastern Europe

    The english Edition for SE EuropeIssue Nr 3September - October 2014

    ISSUE PRICE 10 Euros

    ROMANIA BucharestTRIM Publications S.R.L. Dragos ZahariaMobile: +40 766 667 733Email: dragos@trimpublications.com

    BULGARIA SofiaViktoria Lalova Mobile: +359 894 596 314 Email: v.lalova@e-act.infoSpas Martinov Mobile: +359 893 637 700 Email: s.martinov@offlineads.eu

    GREECE AthensTRIM Publications S.A. Sofia Andritsopoulou Mobile: +30 6932 40 40 40E: andritsopoulou@trimpublications.com

    ENERGYWORLD PUBLISHING NETWORK

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  • 401The puzzle of liberalizaTion is a complicaTed one...

    editorialBy the publisher

    Definitely, the liberalization of the electricity market is one of the hottest spots in the countries of Southeastern Europe at least for the countries which are already full members of the EU and for those which have started negotiations with Brussels as official candidates for EU accession. The European authorities are pressing for the acceleration of the whole process, energy companies say they are ready for new investments in the sector and most of the governments seem to be determined to move ahead, despite social reactions.

    But, as usual, when words are about to become actions, things prove to be much more complicated. As Nikolay Jekov points out with regard to Bulgaria, the country is in a serious turmoil, at a time when the country is obliged by the

    EU to move faster towards liberalization. So, the next steps will be difficult and there is absolutely no guarantee that the advocates of full liberalization and open electricity -and, at the end of the road, energy- markets in the so-called Old Continent will be able to celebrate their triumph. And as Marco Lacaita writes about Albania, major disagreements on energy policy between ethnic or other interest groups in a country, make it politically more difficult to agree on energy policy goals and make it harder for potential partner countries or companies to trust the countrys government in respecting energy agreements.

    Therefore, in the third issue of this magazine as we did in the first and second one journalists, lawyers,

    CEOs and all other contributors are doing their best to provide you with all the necessary facts, information and analyses on energy market liberalization in SE Europe. To achieve this, we took into account the real conditions in the markets after their first steps towards liberalization, the political environment in each country (Romania, Bulgaria, Greece, Serbia and Albania but also in Montenegro, FYROM and Bosnia & Herzegovina) and, of course, the stance and the official goals of the EU.

    We hope that EnergyWorld will once again be a useful guide for everyone who might be interested in the oil, gas, electricity and alternative energy market in SE Europe.

  • Online Telecom & Mobile Tech Magazine

    News - Phones - Tablets - Gadgets - Apps - Games - Buyers Guide

    Trim Publications // Print & Online Mediawww.trimpublications.com

    Mobile News EU

  • 602A new Attempt to breAk the monopoly of ppC in eleCtriCitythe Greek retail electricity market opens up, once again, for the third time in ten years. the changes initiated by the auctions of cheap lignite-generated and hydro-electricity, combined with the privatization of public power Corporation (ppC) and the elimination of the Special Duty on buildings powered by electricity from the electricity bills, create new data that private companies, already operating in the electricity market, attempt to seize.

    electricityPenelope Mitroulias

    Recently, Mytilineos Group, through Protergia Company, announced its dynamic expansion in retailing. Operating in the same sector, with hectic moves, are also Elpedison - a joint venture of Hellenic Petroleum, Italys Edison and Ellaktor -, Heron, a company belonging to Terna Group , Watenvolt and others, while at the same time other companies apply for new licenses. This is the third time in the last 10 to 12 years that it is attempted to open up the retail market, but this time conditions seem to be more mature, so as to avert a fiasco similar to the past ones.

    The Greek Regulatory Authority for Energy (RAE) has already taken the necessary actions at institutional level, while the updated Memorandum provides that by September the regulatory framework has to be ready for the auctions, which are expected to start from January 2015.

    In 2-3 years the landscape will be quite different, says Mr. Dinos Benroubi, Managing Director of Protergia. Recently Protergia announced that it is expanding its activities in the retail electricity market, with contracts for

    residential consumers, professionals and businesses in the low- and medium-voltage ranges. The invoices of Protergia for an average consumer will be on average 7-9% lower than those of PPC.

    According to estimates, independent