Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Electricity markets will unite

SLOVAKIA, the Czech Republic and Hungary will unite their electricity markets within the Market Coupling project as of September, the SITA newswire reported on August 20.

SLOVAKIA, the Czech Republic and Hungary will unite their electricity markets within the Market Coupling project as of September, the SITA newswire reported on August 20.

“The project is another step toward providing the [entire] inner European market with electricity,” said representatives of the Slovak Electricity Transmission System (SEPS), the country’s electricity grid operator, as quoted by SITA.

Testing of the new market environment was launched in August. Based on the positive results the participants in the Market Coupling project agreed that trading will begin on September 11, while customers will start to receive electricity on September 12.

The whole project aims to contribute to greater liquidity in the electricity market between the participating countries. Moreover, traders will no longer have to reserve and purchase the cross-border transmission capacities of the other countries in the region, SITA wrote.

Top stories

Poll: Smer followed by SaS, KDH also in parliament

Had the general election taken place in mid-February, the opposition Freedom and Solidarity (SaS) would place second, and the now extra-parliamentary KDH would get nine seats.

Alojz Hlina took over at the helm of KDH

Woman who urinated on the Quran arrested, awaiting trial

Some observers believe the video might lead to increasing security risks for Slovakia.

The accused woman arrives to the court.

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

President refuses to sign bill on registration of religions for second time

Although President Andrej Kiska repeatedly refused to ink the amendment to the law on religious freedom and the status of religious communities, it will become valid as of March 1.

President Andrej Kiska, illustrative stock photo