Draft law produced on cut in greenhouse gas emissions
Minister of agriculture and environmental protection Snežana Bogosavljević Bošković said obligatory monitoring and reporting on industrial emissions of greenhouse gases is included in the new bill on the reduction of emissions. The draft law was created within a project from 2012 funded by the European Union through Instruments for Pre-Accession. The bill, planned for adoption in […]
Croatia has biggest rise in wind power in Southeastern Europe
Wind power capacity in 2015 increased 22% in Croatia, the most in the region, as the country added 76.2 MW, data published by the European Wind Energy Association (EWEA) show, SeeNews reported. Croatia’s cumulative wind power capacity stood at 422.7 MW at the end of the year, EWEA said in its 2015 Wind in Power […]
Most consumers don’t invest in energy efficiency
Honeywell, a Fortune 100 company with operations in energy efficiency technology sector, said many homeowners in Turkey fail to implement technologies which cut heating bills and simplify the process, domestic media said. Results of a survey in Izmir, Istanbul and Ankara revealed 53% of respondents do not invest in reducing heating costs. A quarter heats […]
Radu Dudău selected to coordinate energy strategy
The co-founder and head of the Energy Policy Group (EPG) thinktank agreed to assume responsibility for the process of creating Romania’s energy strategy for the 15 year period through 2030, with an outlook for another 20 years, the Business Review reported. Radu Dudău is an advisor to energy minister Victor Grigorescu and was participating in […]
CGES invested EUR 42 million in electricity grid
The interest of regional and international companies in Montenegrin Power Transmission System (CGES) is an important indicator of the company’s quality and its position in the overall market, the Ministry of Economy told Dnevne novine newspaper. The company has so far invested over EUR 42 million in the local grid, Mina-Business reported. Ministry adds great […]
Fondul Proprietatea evaluates Hidroelectrica at EUR 3 billion
Fondul Proprietatea (FP) assessed the 19.9% equity stake in Hidroelectrica SA in December to be worth RON 2.65 billion (EUR 586 million), valuing the whole company is at EUR 3 billion, up 22% from the previous estimate, The Diplomat reported. The revisions of December 2013 and 2014 were upward, but the last update had the […]
Romania least energy dependent in the region
Following Norway, Estonia, Denmark and Iceland, Romania had the highest position by energy independence in Europe in 2014. Importing only 17% of the consumption demand, it fared the best among the markets followed by Balkan Green Energy News, Eurostat’s data showed. The overall result for the EU was 53.4%, in the range of the readings for the […]
Only 906 green certificates traded in January
Opcom, the energy market operator, said the Centralized Green Certificates Market (PCCV) experienced a veritable crash last month, portal Nine o’Clock reported. Only 104 sale offers and three purchase offers were registered. The number of units traded stood at just 906. The closing price was RON 131.08 (EUR 29.26) per certificate. The volume traded dropped […]