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Regulator’s powers to influence natural gas prices widened

Supplies of natural gas for producers of heat and hot water delivered to households will be subject to price regulation, the Slovak Parliament has decided. Parliament passed an amendment to the law on the energy sector, which also amends the law on regulation in network industries. The Regulatory Office for Network Industries (URSO) will thus have influence over natural gas prices for production of heat and through the variable portion of heat prices, will be able to regulate them. The variable portion makes up approximately seventy percent of the price of heat, while the fixed part constitutes about thirty percent. The amendment to the law on the energy sector introduces stricter criteria for applying for permits to build a power generation facility with a total output over 30 MW. Written applications will now have to include a certificate documenting professional skills and experience in operation of a power facility. SITA

Supplies of natural gas for producers of heat and hot water delivered to households will be subject to price regulation, the Slovak Parliament has decided. Parliament passed an amendment to the law on the energy sector, which also amends the law on regulation in network industries. The Regulatory Office for Network Industries (URSO) will thus have influence over natural gas prices for production of heat and through the variable portion of heat prices, will be able to regulate them. The variable portion makes up approximately seventy percent of the price of heat, while the fixed part constitutes about thirty percent. The amendment to the law on the energy sector introduces stricter criteria for applying for permits to build a power generation facility with a total output over 30 MW. Written applications will now have to include a certificate documenting professional skills and experience in operation of a power facility. SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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