Energy efficiency measures save 5,056.3 GWh in Bulgaria
Between 2014 and 2017, Bulgaria saved 5,056.3 GWh of energy as a result of the implementation of energy efficiency measures in all sectors of its economy. The country has reached 60.7% of its 2020 national energy savings target, local media reported. The result was published in the annual report on the implementation of the National […]
Vestas to deliver turbines for 69 MW Košava 1 wind farm
Denmark’s Vestas has received an order for 20 V126-3.45 MW turbines for the 69 MW Košava phase 1 wind farm in Serbia from MK-Fintel Wind. The Košava 1 wind farm’s construction started in June last year. To accommodate the site’s specific wind conditions and maximize energy production while meeting the site’s tip height constraints, Vestas developed […]
Tender launched for geothermal energy exploration in Croatia
The Croatian Hydrocarbon Agency has announced a public call for the selection of the best bid for geothermal energy exploration in the area of the city of Slatina, as well as in the municipalities of Sopje, Čađavica, Crnac, and Nova Bukovica in the Virovitičko-Podravska county, for the purpose of issuing an extraction license for energy […]
EU TSOs measures kick off amid fresh frequency deviations in CE power system
A new compensation programme, put in place by the Continental European TSOs, automatically kicked off on July 7 when the grid time deviation exceeded 60 seconds, ENTSO-E said in a statement, adding that the cause for the frequency deviations – a political dispute between the Serb and Kosovar authorities on electricity – has not been […]
Green Action sues ministry for giving green light for HES Kosinj hydropower complex
Croatia’s civil society organization Green Action has filed a lawsuit with the Administrative Court in Rijeka against the positive environmental impact assessment of the Environmental Protection and Energy Ministry for the HES Kosinj hydropower complex. In mid-June, Croatia’s state power utility (HEP) received approval from the Ministry of Environmental Protection and Energy for the construction […]
GEN-I secures EUR 20 million via bond issued on Ljubljana Stock Exchange
Electricity and gas trading group GEN-I has announced that it has successfully completed the simultaneous issue of a bond and a commercial paper. The issue of the bond has secured the company EUR 20 million, Nova Ljubljanska Banka (NLB) said on its website. GEN-I issued a 45-month bond with an annual interest rate of 2.4% […]
Parliamentary Assembly of BiH adopts recommendations for energy sector reform
The House of Representatives of the Parliamentary Assembly of Bosnia and Herzegovina has adopted recommendations for the energy sector reform, proposed by MPs Momčilo Novaković, Hanka Vajzović, Saša Magazinović, Predrag Kožul, Mirsad Isaković, Lazar Prodanović and Jasmin Emrić. Once entity governments consent, the Ministry of Foreign Trade and Economic Relations of BiH is to propose an […]
Montenegro gets EUR 6 million World Bank loan for energy efficiency
Montenegro plans to invest EUR 6 million in the implementation of energy efficiency measures at 18 health care facilities by 2023, as part of the Montenegro Energy Efficiency Project 2 (MEEP 2). The funds have been secured through a World Bank loan. The loan agreement was signed by Montenegrin Finance Minister Darko Radunović and the […]
