Power monopoly EAC to split into two on December 1

The accounts and operations units of the national power utility will start the separation on December 1, Andreas Poulikkas, chairman of the Cyprus Energy Regulatory Authority (CERA), said last week. The Cyprus Electricity Authority (EAC) is in the final stages of preparation for for the split, he added after presenting the company’s report for last […]

Electricity September 12, 2016

Kočani municipality first to buy electricity on free market

From October 1, company Energy Delivery Solution (EDS) d.o.o. will supply the Municipality of Kočani with electricity, news agency MIA reported. he distributor has been selected in tender procedure because it provided the most favourable conditions for electricity supply, according to the article the on municipal website. Calculated with offered prices, the local government expects […]

FZO BiH praised for energy efficiency revolving fund

The Environmental Fund of the Federation of Bosnia and Herzegovina (FZO BiH) said was recognized by relevant experts in Berlin for being the first in the region to launch a revolving fund to finance energy efficiency projects. The institution participated in the Green Energy Summer School organized by the United Nations Development Programme. The move aims to […]

China’s Betec to begin geothermal research in Vranjska Banja

A town and spa resort in the south of Serbia may get a geothermal heat and power plant with the capacity of 39 MW and 20 MW, respectively, according to the official web page of the City of Vranje. Domestic company Betec Resources d.o.o., founded by Beijing Exploration Technology and Engineering Co. Ltd. from China, […]

Renewables September 11, 2016

Terna eyes value of Admie’s submarine cable project

Terna Group, one of three investors interested in acquiring a stake in Independent Power Transmission Operator SA (IPTO or Admie), is focusing on the undersea interconnection planned to link Crete with the Greek mainland, Energy Press portal reported. National utility Public Power Corporation SA (PPC) is offering a share of 24% in its subsidiary, with […]

Electricity September 11, 2016

Statkraft commits to Turkish market despite turmoil

Christian Rynning-Tønnesen, chief executive of Statkraft AS, denied rumours the company would leave Turkey following the failed military coup attempt in July. In early September he told Anadolu Agency’s Energy News Terminal the potential of renewables in the country as well as the tariff mechanism offer attractive prospects. Statkraft, fully owned by the Norwegian state, […]

Hydropower September 11, 2016

EPTISA SEE awarded environmental projects in Serbia and Kosovo*

EPTISA SEE, a subsidiary of Spanish EPTISA Group, international company operating in the fields of engineering, architecture, consulting and information technology, announced two newly awarded projects in Serbia and Kosovo* in early September. The company headquartered in Belgrade will provide assistance with transposition, implementation and enforcement of acquis through further implementation of principles from the National […]

State mulls scrapping development of 1 GW hydro plant

The government in Bucharest is considering the option to abandoning a renewable energy project worth EUR 1 billion. Energy minister Victor Grigorescu said Romania’s cabinet is looking for alternatives for hydro pumped storage unit Tarnița – Lăpuștești, designed for 1 GW, as quoted by News.ro on September 7. There are prospects to switch to several […]

Hydropower September 10, 2016