Customers’ debt to PPC exceeds EUR 2 billion

The amount owed to the Public Power Corporation by its customers topped EUR 2 billion at the end of July, the head of its Genop workers’ union Giorgos Adamidis told the Athens–Macedonian News Agency. He added more than EUR 1.5 billion were households’ liabilities. High voltage accounts for EUR 280 million, where EUR 250 million […]

Electricity August 17, 2015

Yadenitsa dam design update goes to tender

Bulgaria’s state-owned National Electricity Company (NEK) has launched a BGN 3.57 million (EUR 1.83 million) tender for the update of the project design of Yadenitsa dam, in the southwest of the country, SeeNews reported. The contract envisages the preparation of technical papers and supervision of the construction works, documents posted on NEK’s website earlier in the month […]

News August 17, 2015

Energy efficiency fund devised in new legislation

The Ministry of Energy and Industry has come up with a draft Law on Energy Efficiency which includes energy conservation guides for all electricity consumers, including public administration, big companies and citizens, Albanian Telegraphic Agency said. For the first time it foresees an efficiency fund. According to sources from the ministry, the country has vowed […]

News August 14, 2015

Electrica’s profit soars 29.8% in first half

Power supplier and distributor Electrica said its consolidated net income jumped 29.8% to RON 277.1 million (EUR 62.8 million) in the first half of this year, while operating profit climbed 13.5%, SeeNews reported. Electrica’s operating revenue rose 7.5% to EUR 131.75 million, the company said in its unaudited consolidated financial report. Operating profit rose to EUR 71.24 million from EUR 62.76 million. […]

News August 14, 2015

Gruevski, Peševski visit first biogas power plant

Arben Abdurahmani, owner of the Vezë Sharri company based in Treboš near Tetovo in Macedonia’s northwest, spoke with prime minister Nikola Gruevski and deputy prime minister Vladimir Peševski about the pro-business regulation being introduced and the way it is affecting his large chicken farm and biogas power plant Elektro Sharri. Abdurahmani said that, since he […]

News August 14, 2015

Roofs and façades for old residential buildings

Municipality of Kumanovo, Macedonia’s third-largest town, invests in improving energy efficiency in residential buildings in cooperation with Habitat for Humanity, portal Build.mk said. The local self-government called for applications for reconstruction from tenants’ councils. The project is for complete overhaul, including a sophisticated façade and roof construction. Buildings in the central district have priority, the […]

News August 14, 2015

Power utility ERS suffers net income plunge

The consolidated net profit of state-controlled power utility Elektroprivreda Republike Srpske (ERS) plummeted to BAM 9.1 million (EUR 4.7 million) last year, from EUR 27.15 million a year earlier, company data indicated, as reported by SeeNews. Consolidated total revenues fell 5% to EUR 341.5 million while electricity output fell 10.5% to 5.7 TWh, data showed. The three […]

News August 14, 2015

Sarajevo gets solar benches with help from Sweden

Six multifunctional seats powered by the Sun’s energy have been installed in the centre of Bosnia and Herzegovina’s capital city. The devices serve as public lighting and as chargers for mobile phones and tablets, Radio Sarajevo’s portal reported. The solar benches give information via bluetooth about air quality, energy generation, and reduction of carbon dioxide […]

News August 14, 2015