On 28 October 2021, Energy Agency of the Republic of Serbia (“AERS”) adopted Rules on prevention of abuse in electric energy and natural gas market (“Rules”), that were published in the Official gazette of the Republic of Serbia 103/2021. The Rules are drafted in line with the Decision of Ministerial Council of the Energy Community no. D/2018/10/Mc-EnC, implementing Regulation (EU) No 122712011 of the European Parliament and of the Council on wholesale energy market integrity and transparency.
Liberalization of the Fuel Market in Slovenia – Evaluation of the impact of Price Transparency
When in September 2020 the Slovenian government decided that price control measures in the fuel products market were no longer necessary and fully liberalized the market, one of the expected benefits was a positive impact on the price competition.
Antoniya Markova, Daniela Petkova, Yoanna Ivanova, and Kostadinka Deleva Make Partner at Gugushev & Partners
Antoniya Markova, Daniela Petkova, Yoanna Ivanova, and Kostadinka Deleva have been appointed as Partners with Gugushev & Partners in Bulgaria.
Maciej Kalinowski Joins Spectris Energy as Head of M&A Legal
Maciej Kalinowski has Joined Spectris Energy as its Head of M&A Legal in Poland.
North Macedonia: Preparations for the Electricity Crisis
While trying to bounce back from the COVID-19 pandemic, the world is running headlong into an energy crisis, and North Macedonia will meet the same fate. The country is facing serious electricity shortages due to the rising growth of prices on the energy exchanges in Europe. This, in turn, disables the companies that trade in electricity to comply with the agreements signed with companies and institutions to whom they supply electricity on the free market. The disbalance in the demand and supply is then covered from the reserves of the transmission system operator (“TSO”) MEPSO, who is drawing electricity from the European network, thus accruing massive debt. Meanwhile, North Macedonia is trying to increase the domestic production of electricity, by activating the third block of REK Bitola, the country’s biggest producer of electricity and coal.
Greenberg Traurig Establishes Environmental Protection Practice
Greenberg Traurig’s Warsaw office has established an Environmental Protection Practice led by Counsel Barbara Pancer.
Bernhard Hager Leads Eversheds Sutherland Czech and Slovak Offices. Radek Matous Makes Partner
Eversheds Sutherland's Head of the Bratislava Office Bernhard Hager has been appointed Managing Partner for the Czech Republic and Slovakia. Principal Associate and Head of the Labour Law team Radek Matous was promoted to Partner in Prague.