Investors cover only 51.8% of Greek solar power tender
Bidders in the process leading up to the auction scheduled for December 12 by the Regulatory Authority for Energy of Greece sent 44 offers for photovoltaic panels and 16 were received for facilities generating electricity from wind. The solar segment is undersubscribed with projects accounting for only 148.64 MW or 51.8% of the maximum, RAE […]
Power plants in BiH, Montenegro, Serbia at risk of early closure – Energy Community report
All Contracting Parties which have coal in their energy mix are not in compliance with the emission ceilings established under their National Emission Reduction Plans (NERPs) for at least one of the three pollutants (nitrogen oxides, sulphur dioxide and dust) from the Large Combustion Plants Directive, finds the Energy Community Secretariat’s Annual Implementation Report. The […]
IPTO, ESO, Transelectrica agree on Thessaloniki as seat of new SEE Regional Security Coordinator
IPTO, ESO and Transelectrica have agreed on establishing a new Regional Security Coordinator (RSC) for Southeast Europe in Thessaloniki, Greece, following long negotiations between the Greek TSO, the Bulgarian TSO and ENTSO-E. All the stakeholders have confirmed the decision for Thessaloniki to be the location of the new SEE RSC and all three NRAs have […]
Antigraft panel calls for review of Mavrovo SHPPs plan
North Macedonia’s State Commission for Prevention of Corruption closed a case involving deputy prime minister Kocho Angjushev as it found that he has made known his interest in the operations of MHE Topolki Doo in line with the law. At the same time, the independent body urged policymakers to reassess the environmental impact of small […]
EIB adopts new energy lending policy, to stop financing fossil fuel projects from end-2021
The European Investment Bank’s (EIB) Board of Directors has agreed on a new energy lending policy which envisages that the bank will stop financing fossil fuel projects from the end of 2021. The EIB will no longer consider new financing for unabated, fossil fuel energy projects, including gas, from the end of 2021 onwards, the […]
Italy-Montenegro undersea power interconnector put in operation
Italian energy company Terna has put in operation an undersea power interconnector between Italy and Montenegro, built in an investment of some EUR 1.1 billion. Italian President Sergio Mattarella and his Montenegrin counterpart, Milo Đukanović, pressed the button to switch the cable on, according to Montenegrin media. The undersea power interconnector links the electrical substations […]
BiH to open talks on EUR 15 million KfW loan for PHE Čapljina modernization
The Council of Ministers of Bosnia and Herzegovina has accepted a proposal by the Ministry of Finance and Treasury to open negotiations with the German development bank KfW on a EUR 15 million loan for a project to modernize pumped-storage hydropower plant PHE Čapljina. PHE Čapljina, which operates as part of public power utility Elektroprivreda […]
CEZ receives over 30 letters of interest for Romanian assets
Czech energy group CEZ has received more than 30 expressions of interest for its Romanian assets, which include Europe’s largest on-shore wind farm, the 600 MW Fantanele-Cogealac, and plans to invite prospective buyers to submit non-binding bids in December. The filing of binding offers is planned for the second quarter of 2020, while the transaction […]
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