EPS invests EUR 500 million in hydropower
Electric Power Industry of Serbia (EPS) will invest about half a billion euros in the modernisation of hydropower plants (HPPs) by 2025 announced Aleksandar Jakovljević, Director of the EPS Directorate for Strategy. Hydropower plants produce one third of EPS total electricity production. They were built from 26 to 60 years ago, so EPS plans to invest EUR […]
Lignite plant – major cause of massive air pollution in Tuzla
The air pollution in the industrial town of Tuzla, has been above legally allowed limits on 12 out of 20 consecutive days, according to joint measurements performed by CEE Bankwatch Network and the Tuzla-based environmental group Center for Ecology and Energy (Centar za ekologiju i energiju). The town in the north-eastern part of Bosnia and […]
NIS, Betec sign cooperation agreement on geothermal energy
Serbian energy company NIS Gazprom Neft and the Chinese Betec Group Ltd. have signed a co-operation agreement on developing geothermal energy projects in Serbia. The two companies have joined forces to develop geothermal active areas plan to build power plants in northern Serbia “based on the well head power plant technology,” says the NIS statement. The […]
Montenegro to establish power exchange
The Government of Montenegro has adopted a plan for establishing Montenegrin power exchange in 2017 by local companies COTEE, CGES and EPCG. The plan of the Montenegro Electricity Market Operator (COTEE) for the next year, accepted by the Government, states that the company is authorised to conclude the contract with the Montenegrin Power Transmission System (CGES) and Montenegrin […]
China’s State Grid to buy 24% stake in Admie
China's State Grid is a preferred strategic investor to buy a 24 percent stake in Greece's electricity grid operator Admie, sa9d the board of Public Power Corp.
Serbian capital starting energy efficiency makeover
Belgrade is determined to introduce an energy efficiency fund into its budget system, where the new instrument won’t be used for grants – the approved money will be returned, which makes the endeavour unique, said Marko Stojanović, city secretary for energy. Speaking at the kickoff meeting for the accession of Serbia’s capital to partnerships of Building Energy […]
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