Krnovo wind park to start trial production of energy in early 2017
Works on the construction of Krnovo wind power plant near Nikšić are completed and trial production of energy should start early next year after the operating licence is obtained. The Krnovo wind power plant consists of 26 wind turbines, two transmission lines and two substations, maintenance buildings, while planned annual production is between 200 to […]
Romanian Hidroelectrica sees healthy profits, plans investments
Hidroelectrica SA has some bold plans for the coming years, as the state-owned hydropower company returned from the brink of bankruptcy to become one of the most profitable companies in Romania. The company has plans to invest over EUR 500 million into modernisation in the next five years. The president of the Board of Directors […]
EU’s ambitious goals in the 2030 energy strategy package
The European Commission has presented an ambitious energy strategy, dubbed “Clean Energy for All Europeans” with plans to cut carbon-dioxide emissions by at least 40% before 2030. The proposed legislation covers energy efficiency, renewable energy, the design of the electricity market, security of electricity supply and governance rules for the Energy Union, and a strategy […]
EPS Supply electricity trade under investigation
The police launched an investigation into Electric Power Industry of Serbia (EPS) due to the suspicious commercial electricity trade conducted by the former company EPS Supply (EPS Snabdevanje) . After the internal control of the state-owned company revealed that there is a suspicion about corrupt activities due to which EPS has lost about 300 large […]
Cheaper electricity from Turkey for Turkish Cypriots seen in the future
The recent agreement between Turkey and Turkish part of Cyprus to supply electricity through an underwater cable has become a threat not only for political solution for the divided island, but also may endanger a progress Cyprus has made in the transition towards a sustainable energy sector. Media reports were expectedly biased over legality of […]
New law on renewables acceptable, still room for improvement
The Association for Wind Energy (RWEA) welcomed the decision of the Romanian Government to change the Law which sets the support system for the production of energy from renewables. According to RWEA, a series of legislative changes introduced since 2013 have affected the support scheme for energy producers in the renewables industry and a new […]
Slovenia and Japan’s NEDO sign smart grid agreement
Slovenia and Japan signed a memorandum of cooperation to coordinate research and demonstration actions for smart grid projects and smart community, and to facilitate cooperation with the state-owned transmission operator. Slovenian Ministry of Economic Development and Technology’s Aleš Cantarutti and the New Energy and Industrial Technology Development Organization (NEDO) chairman Mr. Kazuo Furukawa, signed the […]
Proposed law changes for renewable energy in Romania not in favour of small producers
Small energy producers in Romania claim that proposed law changes for the renewable energy sector are not in their favour. After a public consultation, the Energy Ministry has recently published the draft bill for amending the Law 220 from 2008 which sets the support system for the production of energy from renewable sources. According to the […]