Research (J&T BANKA)
Czech markets  |  April 15, 2013 09:30:43

CEZ Bulgaria postpones decision on the withdrawal of the license, the EU will negotiate support allowance market

On tomorrow (April 16) hearing with CEZ decided Bulgarian Energy Regulatory Authority (DKEVR) on possible revocation of license to operate a distribution company. According boss commission decision can not wait until at least mid-June. We did not expect that the final verdict fell on zítrřjším negotiations continue and also do not expect CEZ license for distribution of electricity in Bulgaria came. Report neutral.

Tomorrow, 16 April, the European Parliament should decide about possible support dysfunctional market for emission permits (CO2). Today, on its soil will be discussing this issue and may be published releases that affect the CO2 price. Limiting the supply of CO2 allowances would boost their cost, which could have a positive effect on the price of electricity. Tomorrow's vote will be the first step in the legislative process to encourage potential market called backloading (suspension jobs).

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