Focus on Energy, 2010 - Karanovic & Nikolic

CONTENTSINTRODUCTION .............................................................................. 2INTRODUCTION TO SOUTH EAST EUROPEANREGIONAL ENERGY COMMUNITY TREATY ...................... 3THE ATHENS FORUM ..................................................................... 3ENERGY COMMUNITY TREATY .................................................... 4Institutions and Decision Making Bodies under the Treaty ..... 6FINANCING THE ENERGY COMMUNITY ................................... 8ROAD MAPS ...................................................................................... 8Bosnia and Herzegovina .................................................................. 9Macedonia........................................................................................ 10Montenegro ......................................................................................11Serbia .................................................................................................11Kosovo .............................................................................................. 12OVERVIEW OF ACQUIS COMMUNNAUTAIRETO BE IMPLEMENTED................................................................ 13The Acquis Communnautaire on Energy.................................... 13The Acquis Communnautaire on Environment ........................ 14The Acquis Communnautaire on Competition ..........................15The Acquis Communnautaire on Renewables ...........................15SERBIA............................................................................................. 16SERBIAN ENERGY POLICY ............................................................17SERBIAN ENERGY SECTOR – OVERVIEW ..................................17Introduction ......................................................................................17Electric Power Subsector ............................................................... 18Natural Gas Subsector ..................................................................20Oil Subsector ....................................................................................21Coal Subsector ................................................................................ 22District Heating System ................................................................23Industrial Energy System ..............................................................23Renewable Energy ..........................................................................23PARTICIPANTS IN THE ENERGY SECTOR .................................24Introduction .....................................................................................24Regulatory Bodies ...........................................................................24Public Enterprises............................................................................26Private Sector .................................................................................. 27REGULATORY FRAMEWORK .......................................................29Sources of Law ................................................................................29Energy Prices ....................................................................................29Qualified buyers ..............................................................................29Renewable Energy ..........................................................................30HOW TO BUILD A POWER PLANT IN SERBIANEWS ARTICLE ...............................................................................32KOSOVO ........................................................................................34INTRODUCTION ............................................................................34REGULATORY FRAMEWORK .......................................................34Basic Energy Legislation ................................................................34Energy Strategy ...............................................................................35Oil & Gas ..........................................................................................35Renewable Energy .......................................................................... 37PARTICIPANTS IN THE ENERGY SECTOR .................................38PROJECTS .........................................................................................39MACEDONIA ................................................................................ 41ENERGY SECTOR OVERVIEW ..................................................... 41Introduction ..................................................................................... 41Electric Power .................................................................................. 41Natural Gas .....................................................................................45Oil ......................................................................................................45Coal ...................................................................................................46District Heating System ................................................................46Renewable Energy ..........................................................................47Nuclear Energy ................................................................................47PARTICIPANTS IN THE ENERGY SECTOR .................................48Regulatory Bodies ...........................................................................48Public Enterprises............................................................................49Private Shareholders ......................................................................50REGULATORY FRAMEWORK .......................................................50The Umbrella Law ...........................................................................50Licenses ..............................................................................................51Construction of Energy Facilities ..................................................51Oil and Gas ...................................................................................... 52Renewable Energy ..........................................................................53Energy Trade ....................................................................................54HOW TO BUILD A POWER PLANT IN MACEDONIANEWS ARTICLE ............................................................................... 55BOSNIA AND HERZEGOVINA ...............................................56BIH ENERGY SECTOR OVERVIEW ..............................................56Introduction .....................................................................................56Electric Power .................................................................................. 57Natural Gas .....................................................................................58Oil ......................................................................................................59Coal ...................................................................................................60Renewable Energy ..........................................................................60PARTICIPANTS IN THE ENERGY SECTOR .................................60State Level........................................................................................60Entity’s Level ....................................................................................62Regulatory Bodies ...........................................................................62Public Enterprises............................................................................64Private Sector ..................................................................................64REGULATORY FRAMEWORK .......................................................65Electric Energy .................................................................................65Gas .....................................................................................................65Oil ......................................................................................................66HOW TO BUILD A POWER PLANT INBOSNIA AND HERZEGOVINANEWS ARTICLE ...............................................................................67MONTENEGRO ............................................................................68MONTENEGRIN ENERGY SECTOR – OVERVIEW ...................69Electric Energy Subsector ..............................................................69Coal Subsector ................................................................................69Oil and Gas ......................................................................................70District Heating System ................................................................70Renewable Energy Sources ...........................................................70PROJECTS IN THE ENERGY SECTOR ..........................................71Hydro Energy Projects ....................................................................71Coal and TPP Projects .................................................................... 72Wind Energy .................................................................................... 73Agreement between Montenegro and Italy .............................. 73Future Projects ................................................................................ 73PARTICIPANTS IN THE ENERGY SECTOR .................................74Regulatory Bodies ...........................................................................74Public Enterprises............................................................................ 75Private Sector .................................................................................. 75MONTENEGRIN ENERGY POLICY ............................................. 76REGULATORY FRAMEWORK ....................................................... 77Introduction – Energy Law ............................................................ 77Energy Prices .................................................................................... 77Renewable Energy .......................................................................... 77HOW TO BUILD A POWER PLANT IN MONTENEGRONEWS ARTICLE ...............................................................................80