Minister confirms delay in electricity market liberalization
The government remains on the decision to delay the electricity market liberalization, economy minister Bekim Neziri said, as quoted by MINA agency’s Macedoniaonline.eu portal. “Full liberalization of the electricity market in Macedonia would lead to an increase in the household electricity price. Even the current prices are high for citizens, and therefore we remain on […]
Challenges to financing renewable energy projects in the Balkans
By Qendresa Rugova, Burg Capital GmBH, Vienna esa.rugova@burgcapital.com Global investment in renewable power has seen impressive growth, even surpassing anticipations with a total investment of USD 270.2 billion in 2014, 17% higher than 2013 (BNEF, 2015). This surge in investment has become possible as costs for solar panels and wind turbines are rapidly decreasing thereby […]
Biomass in the Western Balkans: Why don’t we use our wood biomass potentials?
By Vojislav Milijić, CEO of Foragrobio CC d. o. o. / president of Serbian National Biomass Association Serbio vojislav.milijic@serbio.rs Biomass is the biodegradable part of products, waste and residues in forestry, agriculture industry and communal waste. Biomass from wood and agriculture residues is the first energy source used by humans and its significance has reduced […]
New Generation Power International announces joint venture
Global independent power producer New Generation Power International (NGPI), headquartered in the United States, announced a joint venture with Yılsan Holding, Mineks International and DCM Energy to develop, own and operate a 100 MW geothermal project in Turkey. Turkey has previously stated its goal to source 30% of its power needs from renewable energy, including […]
Reforms, forest quality conversion needed for biomass suply
Official information from public sources about forests in Serbia, most importantly from the national inventory from nine years ago, has a lot of discrepancy and data varies very much, even up to six times in some important categories, said Nenad Petrović, a docent at Faculty of Forestry in Belgrade. One of the main reasons, in […]
IFC investment in ABank for SMEs’ energy efficiency
IFC, a member of the World Bank Group, announced a USD 97 million (EUR 85.17 million) financing package to ABank, to increase lending to energy efficiency and renewable energy projects in order to boost sustainable energy investment in Turkey and support micro, small, and medium enterprises, which are essential for economic development and job creation. […]
HEP, EPS eye acquisitions abroad, EPCG possible target
Croatian state-owned power utility HEP and its Serbian peer EPS are eyeing acquisitions abroad and Montenegrin energy firm EPCG is seen as a possible target, Zagreb-based news daily Večernji list said, as reported by SeeNews portal. The Montenegrin government is the majority owner of EPCG with a 57% stake while Italian company A2A owns 41.75%. […]
All clients getting power metering devices by early 2016
Electricity distribution operator Oshee has invested in the sector of power consumption’s measurement for the acquisition of 50,000 metering devices, and plans to equip all its customers by early next year, Albanian Telegraphic Agency said, as quoted by Albreporter.info portal. Sources from the Ministry of Energy and Industry announce they are working to ensure a […]