Draft National Energy and Climate Plan envisages EUR 32.7 bln in investments to boost RES share to 32% by 2030
Greece’s draft National Energy and Climate Plan calls for EUR 32.7 billion in investments from 2020 to 2030 for the share of renewable energy sources (RES) in energy consumption to rise to 32% and electricity production to 55%. Comments to the draft plan are due by December 3, according to the Ministry of Environment and […]
FutureFlow project could reduce costs of providing system services by 60%
With automatic frequency control, the FutureFlow project offers savings of 60% in the cost of system services and redispatching of up to 57%, said Uroš Salobir, Strategic Innovation Director at Slovenian transmission system operator (TSO) ELES, discussing the results of the cross-border integration of markets for system services. Slovenian energy trader GEN-I also presented an overview […]
EP approves 2030 target of 32% for renewables, 32.5% for energy efficiency, 35% for CO2 emissions cuts for trucks
The European Parliament (EP) has approved a binding 2030 target for renewables of 32% and an indicative target on energy efficiency of 32.5% that will play a crucial role in meeting the EU’s climate goals, according to a press release from the EP. By 2030, energy efficiency in the EU has to have improved by […]
Elektrokrajina launches tendering for supply of ancillary equipment for 2 business units
Power distribution company Elektrokrajina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), has launched tendering for the supply of ancillary equipment for business units in Banja Luka and Srbac. At the end of September, the company also published invitations for tenders from would-be contractors for the reconstruction of medium and low voltage networks […]
Resalta implements one of largest, newest energy monitoring systems in Bulgaria for Serdika Center
Slovenia-based Resalta, a leading energy service company (ESCO) in South-East Europe (SEE), has recently completed a project for Serdika Center in Sofia, one of the largest shopping malls in Bulgaria. Resalta has modernized the center’s energy monitoring system, significantly improving Serdika’s ability to control its energy consumption, the ESCO said in a press release. Serdika […]
Lack of public participation reason to challenge any permit granted for small HPP – Energy Community
Public participation is an essential part of environmental assessment procedures, which must be implemented by all Contracting Parties. If this obligation is not met the Secretariat will initiate a dispute settlement case to ensure that Energy Community (EnC) law is implemented in practice, said the EnC’s Secretariat in its statement on small hydropower (HPP) development, […]
Fintel Energija to start trading on BELEX on Nov. 20 as it completes Serbia’s 1st IPO in 80 years
Belgrade-based renewable energy company Fintel Energija, a subsidiary of Italy’s Fintel Energia, will start trading on the Belgrade Stock Exchange (BELEX) on November 20, having successfully completed Serbia’s first initial public offering (IPO) in nearly 80 years, raising a total of some RSD 755.2 million, or around EUR 6.3 million, for a new wind farm […]
Enel X Romania to install 2,500 charging stations for EVs over four years
Between 2019 and 2023, Enel X Romania will invest EUR 15-20 million in the installation of around 2,500 charging stations for electric vehicles (EVs) in every region of the country, the big cities and the main highways, a subsidiary of Enel X, the Enel Group’s advanced energy services division, has announced. According to available data, […]
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