Single-use is Collins Dictionary’s word of the year

‘Single-use’, a term that describes items whose unchecked proliferation are blamed for damaging the environment and affecting the food chain, has been named Collins Dictionary’ Word of the Year 2018, Collins said. Single-use refers to products – often plastic – that are ‘made to be used once only’ before disposal. Images of plastic adrift in the […]

Lending under EBRD’s GEFF approved to first bank in Albania to on-lend for energy efficiency projects

Albania’s Union Bank will on-lend a EUR 6 million loan it has secured from the European Bank for Reconstruction and Development (EBRD) for high-performance energy efficiency projects in privately owned residential dwellings and buildings in the country. The loan has been approved under the Western Balkans Green Economy Financing Facility (GEFF), the EBRD said. Union […]

Hidroelectrica to invest EUR 1.19 billion over the next five years, to add 200 MW in renewables capacities

State-owned power utility Hidroelectrica plans to invest RON 5.56 billion (EUR 1.19 billion) over the next five years in the upgrades and maintenance of facilities, but also in acquisitions. Hidroelectrica’s goal is to add 580 MW in generation facilities, of which 200 MW will be solar and wind capacities, Bogdan Badea, CEO of Hidroelectrica said, […]

Electricity November 7, 2018

Electricity prices in Energy Community rise 11% for households, decline 19% for industry in last four years – ACER

In the period between 2013 and 2017, the average electricity price for households in the Energy Community (EnC) Contracting Parties (CPs), without Ukraine, increased by 11%, from 6.8 euro cents/kWh to 7.5 euro cents/kWh, while average industrial prices decreased by 19%, from 6.5 euro cents/kWh to 5.2 euro cents/kWh. The share of the energy component […]