Projected renewables’ boom depends on grid development
A number of cross-border and internal power lines in the region, as well as the extension of Chaira pumped hydroelectricity storage are crucial for market connectivity and integration of renewable energy sources, European Network of Transmission System Operators for Electricity (Entso-E) pointed out in an updated draft of its grid development plan. Expected renewable energy […]
USTDA strengthens support for geothermal energy
United States Trade and Development Agency (USTDA) awarded a grant to Turcas BM Kuyucak Jeotermal Elektrik Üretim AŞ (TBK), a Turkish joint venture owned primarily by BM Holding and Turcas Energy Holding. The grant funds a feasibility study that will evaluate the technical and financial specifications for a geothermal energy project with a capacity of […]
Geothermal heating for smartphone-controlled garden
Prototype greenhouses have been developed by the Technological Educational Institute (TEI) of Thessaly within the LIFE+ programme co-financed by the European Commision, Athens–Macedonian News Agency said. In a report published by E-typos.com, project coordinator Alex Papachatzis noted the utilization of geothermal heat pumps reduces the use of solid fuels by up to 75% at times, […]
Wind project Zelengrad–Obrovac becomes operational
An investment of EUR 50.56 million in a wind park in northern Dalmatia with 42 MW of capacity was completed and set into motion, Večernji list newspaper said. Turbines with an additional 12 MW of capacity will be installed in Zelengrad–Obrovac wind park in the second phase. EnerCap Capital partners, the fund manager based in […]
IFC finances energy efficiency with NLB Prishtina
Cooperation to increase investments in energy efficiency for small enterprises and households in Kosovo* was established between International Finance Corporation, a member of the World Bank Group, and NLB Prishtina, part of the largest banking group in Slovenia. According to IFC’s press release, the organization will support the local bank in improving its capacity to […]
Statkraft seeks afforestation services provider
Devoll Hydropower Sh. A. (DHP), Albanian company ultimately owned by the Norwegian company Statkraft AS, closed its invitation for expression of interest or prequalification for afforestation services as the deadline expired on June 22. The endeavour in Banje hydropower plant area, part of Devoll project, covers 255.3 hectares in five sections and includes maintenance of […]
Electricity price increase of 12% set for August
Higher budget revenues will be the main effect of the new 7.5% excise duty on electricity, Serbian finance minister Dušan Vujović said, state-owned Tanjug agency reports. The cost of electricity in Serbia is currently RSD 4.97 (4.12 euro cents) per kWh, plus 0.88 euro cents in tax, he said in the National Assembly. Mining and […]
Croatia first in the region to close down old thermal power plants
Old power plants with a total capacity of 1.2 GW are due to be shut down in Croatia, and the state electricity distribution system currently controls 3.65 GW, energy expert Marijan Kalea told Novi list newspaper. With economic recovery, energy needs would rise, so at least 2 GW may be missing by 2020, he claims, […]
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