CEZ

Bulgaria's Supreme Administrative Court (VAS) has allowed the Commission for Protection of Competition (KZK) to impose a penalty of BGN 125 000 on heating utility Toplofikatsiya Sofia for abuse of dominant position.

Electricity distribution company CEZ has taken up the responsibility of improving the quality of the provided services in Lozen, a press statement of the power distributor reads.

Bulgarian Energy Minister Temenuzhka Petkova announced that irregularities have been identified at the energy distribution company (EDC) Energo-Pro, which operates in the northeast of the country.

Petkova said that this emerged from the inspections at the three EDCs that were ordered on Monday, after 67 000 customers of Energo-Pro had received double bills for the same period.

Bulgaria's Ministry of Economy is seeking to ensure the Varna Thermal Power Station will remain operational despite not having complied with European norms, the institution said in a statement.

About 300 employees of power distributor CEZ and the Varna Thermal Power Station (TPS) are to march in Bulgaria's capital Sofia on Thursday.

They are demanding that the state intervene to prevent a closedown of the power plant from January 1, 2015 and layoffs at CEZ Bulgaria, the Bulgarian branch of Czech-based electricity distributor CEZ.

Dwindling resources to support the electricity supply network could quite possibly result in power cuts, EDCs operating in Bulgaria maintain.

EVN, CEZ and Energo-PRO, the three electricity distribution companies, believe the nearly 10-percent hike in electricity bills announced Wednesday was insufficient to make for the losses of grid operators, daily Standart reports.

BELGRADE - The government of Serbia appointed on Thursday Aleksandar Obradovic as the director of public enterprise Electric Power Industry of Serbia (EPS) for a term of four years, government officials confirmed for Tanjug.

The blast at an explosives factory near the northwestern village of Gorni Lom has left two hydropower plants without electricity.

Power distributor CEZ has informed that its workers have no access to the facilities which suffered the breakdown because fire safety experts expect secondary blasts at the site.

Electricity distribution company CEZ has proposed that its share in the consumer price of electricity be raised to a level which would allow it to maintain the energy grid.

The company has called on the energy regulator to set prices in a fair and transparent way, with grid operators placed on equal footing.

The Bulgarian Energy Holding (BEH) and power distributor CEZ have signed a memorandum of cooperation on searching technical and economic solutions to extend the life of the Varna Thermal Power Plant.

A working group has been formed for the purpose and it is to function by October 31.