Slovenian – Croatian market coupling set for June 19
Croatian power exchange (CROPEX) and its Slovenian counterpart, BSP SouthPool, have announced they will merge on June 19 and join the rest of Europe through the Multi-regional Coupling (MRC) project. The launch is the finalization of day-ahead market coupling implementations on Slovenian borders and first implementation of implicit allocation for Croatian bidding zone, which will […]
Romania to introduce subsidy scheme modeled on CfD for all low-carbon energy producers
Romania’s low-carbon energy producers stand to receive state funding under a mechanism such as contracts for difference (CfD) if the price of electricity on the market slips below a certain level, the Romanian media reported, citing Doru Visan, state secretary at the Ministry of Energy. “The Ministry of Energy is considering promoting a mechanism such […]
Turkey sets roadmap to smart grids, plan worth over EUR 4 billion
Turkey plans to replace at least 80 percent of its current electricity meters with smart meters by 2035. It will cost EUR 4,3 billion (TRY 21 billion). Turkey’s Energy Market Regulatory Authority (EMRA) and Association of Distribution System Operators (ELDER) set a plan for this transition. The main goal is to ensure the provision of […]
Croatia gives new incentives to citizens and companies for EV purchases
Croatia offers new incentives to its citizens and companies for the purchase of electric vehicles (EV). Over EUR 3,3 million has been allocated for this purpose – EUR 1.62 million for citizens and EUR 1.75 million for companies. Individuals will receive up to 40% of the car’s value from the Environmental Protection and Energy Efficiency […]
Energy minister inaugurates RENEXPO: We are witnessing change in Serbia’s energy mix
Minister of Mining and Energy Aleksandar Antić inaugurated the fifth international fair and conference RENEXPO 2018 – WATER and ENERGY at the Belexpo Center in Belgrade, which gathered more than 80 exhibitors. During the three-day event, with Germany as the official partner country and the Netherlands and Israel providing support, international conferences on renewable energy, […]
Greek PPC approved acquisition of regional power trading company EDS
Greek Public Power Corporation (PPC) approved the acquisition of Energy Delivery Solutions (EDS), electricity trading and supply company in former Yugoslav Republic of Macedonia (FYR of Macedonia). The approval comes three months after PPC said that it is close to acquire EDS. “PPC’s Board of directors after completing all the required economic and legal affairs […]
Montenegro accelerates takeover of A2A shares in EPCG
The Government of Montenegro intends to increase the ownership in public power utility Elektroprivreda Crne Gore (EPCG) in May from 57,01 to 70,16%, instead of initially planned 63%. This is envisaged by the Proposal of the Contract on the execution of put option, which the Montenegrin Government adopted and submitted it to the National Assembly, […]
Greece launches international tender for Crete power link project
Greece’s power grid operator ADMIE has launched an international open tender for a project linking the island of Crete to the mainland grid via undersea cables. The power link is expected to be finalized by 2020. Giorgos Stathakis, the energy minister, announced that this tender, via an e-auction, will be awarded to the “most economically […]