Kočani municipality first to buy electricity on free market
From October 1, company Energy Delivery Solution (EDS) d.o.o. will supply the Municipality of Kočani with electricity, news agency MIA reported. he distributor has been selected in tender procedure because it provided the most favourable conditions for electricity supply, according to the article the on municipal website. Calculated with offered prices, the local government expects […]
FZO BiH praised for energy efficiency revolving fund
The Environmental Fund of the Federation of Bosnia and Herzegovina (FZO BiH) said was recognized by relevant experts in Berlin for being the first in the region to launch a revolving fund to finance energy efficiency projects. The institution participated in the Green Energy Summer School organized by the United Nations Development Programme. The move aims to […]
China’s Betec to begin geothermal research in Vranjska Banja
A town and spa resort in the south of Serbia may get a geothermal heat and power plant with the capacity of 39 MW and 20 MW, respectively, according to the official web page of the City of Vranje. Domestic company Betec Resources d.o.o., founded by Beijing Exploration Technology and Engineering Co. Ltd. from China, […]
HEP books rise in profit in six months through June
Unaudited financial reports for the first half of the year showed Croatian government-owned power utility HEP Group’s unconsolidated net profit climbed to HRK 1.22 billion (EUR 163 million) from EUR 126 million in the equivalent period of 2015, due to higher financial income and lower operating expenses. Investments jumped 72.5% to EUR 23.3 million. They […]
Switzerland funds community energy project in Belgrade suburb
Primary school ’Olga Petrov’ in the Belgrade northern suburb of Padinska Skela has been reconstructed respecting the standards of energy efficiency. This project is a part of EUR 8 million project developed and implemented by Swiss Secretariat for Economic Affairs (SECO), city of Belgrade and the Government of Serbia, the Serbian capital’s portal reported last […]
World Bank warns water must be more expensive
Annual investments necessary for water supply and channeling aren’t possible with current prices, too low to secure funds, representatives of the World Bank told Serbian authorities. At a meeting this week in the Chamber of Commerce and Industry of Serbia (PKS), organized in cooperation with the Ministry of Agriculture and Environmental Protection and Republic Water […]
Italy supports Western Balkan 6 day-ahead market integration
Italian national energy regulator Autoritá per l’energia elettrica, il gas e il sistema idrico has joined the Western Balkan 6 day-ahead market integration and cross- border balancing initiative. That is the first EU stakeholder in the project announced Energy Community on its website. Italian state energy regulator signed the Memorandum of Understanding (MoU) on Regional […]
Investment in buildings would boost energy security – BPIE report
The latest report by the Buildings Performance Institute Europe (BPIE) finds Slovakia and Hungary face a severe risk, and Bulgaria a substantial risk to become unable to heat the national building stock. The report presents the new Building Vulnerability Indicator and offers an alternative solution to mitigating supply risks in Central and Southeastern Europe through […]