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Privatisation and liberalisation in the energy industry, losses and chances in the mining industry Balatongyörök, 29 April 2006. Vilmos Holló Asset management.

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Presentation on theme: "Privatisation and liberalisation in the energy industry, losses and chances in the mining industry Balatongyörök, 29 April 2006. Vilmos Holló Asset management."— Presentation transcript:

1 Privatisation and liberalisation in the energy industry, losses and chances in the mining industry Balatongyörök, 29 April 2006. Vilmos Holló Asset management director

2 The following milestones characterised most the situation described in the title during the past 15 years : 1990-1993Transformation of state enterprises into separate ventures 1992-1994Restructuring of coal mining Power plant - mine integration 1995-1997Privatisation of the energy industry 2002-2007 Liberalisation of the electrical energy industry

3 Mine – Power Plant Integration at the MVM group

4 Major data about the power plants of the Hungarian electrical energy system 2004.

5 The structural transformation of energy industry is also characterised by the changes in the composition of primary energy sources:

6 1994.2004.

7 Another characteristic feature of restructuring is the ownership structure of the production capacity of electrical energy production:

8 Ownership structure of electrical energy companies 2005.

9 Liberalisation

10 Market development 1. step:consumers over 6,5 GWh consumption per year from 1. January 2003 2. step: all non-residential- consumers from 1. July 2004 3. step: full market opening from 1. July 2007

11 Entry of authorised consumers to the electrical energy market 2003-2004.

12 Operation of liberalised market, role of MVM since 2003

13 Literature MVM Plc. publications MAVIR Plc. publications Hungarian Energy Bureau Statistical yearbooks, publications

14 VIEW OF THE OROSZLÁNYI POWER PLANT WITH THE NEW DESULFURIZER Thank you for your attention!


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