Clear legislation necessary for GE to invest
General Electric is prepared to invest more in Serbia, but regulation should be amended, said Gaetano Massara, the company’s Southeastern Europe unit’s chief executive. Many significant projects have been put on hold in the country, including wind power, he said at the General Electric Sourcing Day, an event held at the building of the National […]
Energy policy key to climate change mitigation
“This is perhaps the last opportunity for our generation to reach an agreement on climate change and sustainable development in order to preserve the planet and the quality of life,” Vuk Jeremić, president of Center for International Relations and Sustainable Development (CIRSD), said at a public debate on climate change and energy in the residence […]
Quotas for biomass become obligatory next year
Bosnia and Herzegovina must remain energy independent, said Mirsad Jašarspahić, vice president of the Chamber of Economy of the Federation of Bosnia and Herzegovina, Ekapija.ba reported. Speaking on a panel about the energy sector’s development at the Energa fair in Tuzla, he stressed that BiH is obliged to accept and implement European Union’s regulations, including […]
Efficient lighting for 20 municipalities, communities
Works on replacing 56,000 street lamps with energy-saving lighting in 20 municipalities and communities are expected to start in October, Cyprus News said. According to preliminary calculations, savings on electricity cost may be up to 50%, said the report published by Sigma Live. Energy consumption may drop by 15,000 MWh per year, which is equivalent […]
Energy inefficiency remains biggest challenge
The biggest problem for Romania is still energy inefficiency, given that the quantified losses in coal energy units reach up to about EUR 4 billion annually, said Iulian Iancu, chairman of the Committee for Industries and Services of the Chamber of Deputies, Business Review reported. On June 9, representatives of central authorities and energy industry […]
Clean-up process underway for idle permits
Procedures are underway for clearing a backlog of renewable energy source permits issued for projects that now stand no chance of being actualized, Energy Press portal said. Idle applications are being eliminated through a process based on legislation that demands banking guarantees worth the equivalent of respective projects from applicants. At the same time, Hedno […]
RWE launches power distribution to homes
German power utility RWE is entering the Slovenian market, starting with the sale of electricity to households. In taking this step, the company is continuing its policy of tapping new supply markets in Eastern Europe, it noted in a press release. The plan is to gain 10% of the market by 2020, head of the […]
District heating operators’ debt rises threefold
Repairs started on June 1 in district heating plants in Serbia and most of the companies operating the facilities are heavily indebted, daily Večernje novosti reported. In just two months, total liabilities soared from RSD 8 billion (EUR 66.3 million) to EUR 190.6 million, mostly because of loan instalments due for payment after a year […]