Terna to complete Italy-Montenegro power line by end-2019, halves initial capacity
Italian energy company Terna has said it plans to complete the Italy-Montenegro electricity interconnector project by the end of 2019, slipping the project conclusion from the previously targeted date in 2018, while also halving the planned initial capacity to 600 MW, according to reports. The submarine cable has been laid, receiving points completed, and the […]
Macedonian Government, Academy of Sciences sign memorandum on sustainable development
The Ministry of Economy and the Macedonian Academy of Sciences and Arts (MANU) have signed a Memorandum of Cooperation for Sustainable Energy Development in Macedonia. The memorandum was signed by Economy Minister Kreshnik Bekteshi and President of MANU, academician Taki Fiti. “The aim of the memorandum is to establish cooperation and an efficient institutional dialogue, […]
Fintel Energija IPO on Belgrade Stock Exchange in May
Fintel Energija will conduct the initial public offering (IPO) on the Belgrade Stock Exchange in May, company CEO Tiziano Giovannetti said. The first IPO after almost 80 years on the Belgrade Stock Exchange is being prepared for nine months. The Fintel Energija plans to sell 15-20% of its shares. “The necessary IPO procedure will be […]
Ugljevik 3 TPP fails again to comply with environmental acquis
The Energy Community Secretariat has moved to second step in a dispute settlement procedure against Bosnia and Herzegovina for its non-compliance with the requirements of the Environmental Impact Assessment Directive. In its Reasoned Opinion, the Secretariat maintained the view that the environmental impact assessment procedure of the planned Ugljevik 3 thermal power plant (TPP) in […]
FYRM is promoting renewables and energy efficiency by subsidies
The Government of Macedonia (FYRM) has allocated over EUR 800.000 (MKD 50 million) for the promotion of renewable energy sources and improvement of energy efficiency in households for 2018. The subsidy program, recently published on the Ministry of Economy website determines the method, conditions, criteria and procedure for allocating these funds from the budget. EUR […]
World Water Day – The answer is in nature
Today’s World Water Day (WWD) campaign The answer is in nature suggests that by using solutions already existing in nature we can reduce floods, droughts and water pollution. The theme for World Water Day 2018 is Nature of Water exploring nature-based solutions to the water challenges we face in the 21st century. Traditionally, WWD event has […]
Bulgaria and Greece will soon be connected by new transmission line
A new overhead electric line will soon connect Greece and Bulgaria. This new single circuit 400kV interconnection line between the substations Maritsa East in Bulgaria and Nea Santa in Greece will be of approximately 150 km in length. According to the Bulgarian Deputy Minister of Regional Development and Public Works, Valentin Yovev a detailed development […]
French EDF interested in hydroenergy projects in Serbia
The French state-run utility company Electricite de France (EDF) has expressed interest in developing hydropower projects in Serbia. Two sides plan to intensify cooperation, Serbian Minister of Mining and Energy Aleksandar Antić said after a meeting with an EDF delegation earlier this week in Belgrade. “According to many parameters, EDF is one of the world’s […]