News

Vienna summit highlights energy projects, networking

Published

August 28, 2015

Comments

0

Share

Published:

August 28, 2015

Comments:

0

Share

 

Four regional power grid projects and three key measures for cooperation have been adopted at the Western Balkans Summit in Vienna on August 27, said Janez Kopač, Energy Community Secretariat’s director. He told Serbian portal Euractiv.rs that the European Union pledged EUR 200 million for this year for projects in energy and transport infrastructure.

The interconnection endeavours are the Serbian part of Trans-Balkan Electricity Corridor, one of its sections in Montenegro, and two projects for Albania and Macedonia, Kopač stated, adding that the Višegrad–Bistrica line in Bosnia and Herzegovina didn’t make it to the list.

Governments of the Western Balkans agreed to immediately start participating in cross-border power capacity allocation auctions in the Coordinated Auction Office (SEE CAO) in Podgorica, and the activity will be tied to deadlines and access to European funds, he underscored. According to the head of Energy Community, the governments promised to work on the establishment of a regional power and balance power markets, including obligations concerning price deregulation and abolishment of some legal and technical obstacles.

 

Related Articles

Renewable electricity share Turkey 50

Renewable electricity share in Turkey nears 50%

29 April 2024 - Renewable sources had a 49.3% share in Turkey last month. Minister Mehmet Şimşek said USD 100 billion would be invested within ten years.

Lightsource-bp-solar-park-modules

UK-based Lightsource bp to build Europe’s second-biggest solar park in Greece

29 April 2024 - British solar energy developer Lightsource bp is launching works on a 560 MW photovoltaic park in Greece, in a EUR 395 million investment

Ensuring robust final NECP updates is vital to EED implementation

Ensuring robust final NECP updates is vital to EED implementation

29 April 2024 - The update of the National Energy and Climate Plans (NECP) is essential to ensure the implementation of the Energy Efficiency Directive starts on the right foot

Belgrade-Energy-Forum-platform-major-renewable-energy-deals-join-it

Belgrade Energy Forum is the platform for major renewable energy deals – join it!

29 April 2024 - The Belgrade Energy Forum event platform is facilitating major partnerships, financing agreements and contracting opportunities in Southeast Europe