Preparatory works on Buk Bijela hydropower plant to start in September
The Republic of Srpska is waiting for the approval of BiH’s competition authorities to be able to start preparatory works for the Buk Bijela hydropower plant. It is developing the project together with Serbia and the establishment of a joint firm has already been agreed. Elektroprivreda Republike Srpske (ERS), state-owned electricity producer in Bosnia and […]
State-owned firms bid jointly for ČEZ assets in Romania
Hidroelectrica, Electrica and SAPE may face E.ON and Allianz, India Power Corp. and MVM in the race for the Czech company’s seven businesses. ČEZ, looking for a buyer for its assets in Romania, values them at EUR 1.07 billion against the book value of EUR 15 billion A consortium established by Hidroelectrica, Electrica and SAPE […]
Amazon earmarks USD 2 billion in venture capital for Climate Pledge Fund
Jeff Bezos’s online retail empire is accelerating its efforts toward carbon neutrality. Amazon decided to invest USD 2 billion in visionary projects in the first phase of its Climate Pledge Fund. Amazon has released its annual report on sustainability and said it is setting aside USD 2 billion for the initial investment in its Climate […]
O2 Challenge 2 in North Macedonia delays deadline to July 3
A government program is supporting micro, small and medium-sized North Macedonian firms in projects for climate change mitigation and the reduction in emissions of greenhouse gases. The timeframe for applications in O2 Challenge 2 has been pushed back to July 3 and organizers scheduled an info session to be held on June 29. The Fund […]
Major flaws in EPS environmental study for TENT A thermal power plant overhaul
Environmentalist organizations and activists claim Elektroprivreda Srbije, EPS, won’t be able to obtain the necessary integrated license for its biggest thermal power plant TENT A by the end of the year at the current pace. At a public discussion on the environmental impact assessment study for most of the facility, the author acknowledged the aim […]
Coal power plants in EU shuttering amid jump in expenses from end-June
Exemptions in air pollution limits in the EU are about to be abolished, so owners of older coal-fired power plants will have fewer operational hours allowed. Another option, aside from closing the facilities, is to invest in efficiency and environmental protection, but with little to no guarantee it would be cost effective. While ČEZ is […]
Federation of BiH bans construction of small hydropower plants
The Government of the Federation of Bosnia and Herzegovina has three months to produce bills and ban small hydropower plants after the entity’s legislators voted in favor of the recommendations from the Declaration on the Protection of the Western Balkans Rivers. The House of Representatives of the Federation of Bosnia and Herzegovina passed a declaration […]
Public consultation launched for Brodarevo hydropower plants project in Serbia
The development of the two hydropower units in Brodarevo in the southwestern part of Serbia, with 35.4 MW in total, was terminated in 2018. In the meantime, the government has revived it and the public discussion on the planned hydropower plants is scheduled for July 15 in Prijepolje. The draft changes to the special purpose […]