Distribution grids need EUR 375-425 billion through 2030 to be fit for transformed power system
Investments must be raised by 50-70% in the 2020s, according to the landmark study conducted by industry bodies Eurelectric and E.DSO.
IBEX expects day-ahead market coupling with Greece, Romania this year
The coupling of Bulgaria’s day-ahead electricity market with those in Greece and Romania is expected this year, according to the Independent Bulgarian Energy Exchange (IBEX).
How the Continental Europe synchronous area was split into two grid regions
Due to outages of several transmission network elements, the area was split into two grid regions on January 8, from 14:05 to 15:08 CET.
State Audit Institution: Grčić illegally serving as acting director of EPS
The law does not allow anyone to serve as an acting director for more than a year, and he has been performing the duty for over four years.
Energy Community calls on Contracting Parties to reassess coal subsidies
The Energy Community Secretariat has sent letters to national authorities of six Contracting Parties urging them to reassess coal subsidies as to their compatibility with the European Union’s (EU) state aid rules. The letters come on the heels of a new study on coal subsidies in Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia, Serbia, and […]
IPTO to invest EUR 4.1 billion in new interconnections, renewables integration, batteries
Greece’s independent transmission system operator, IPTO, plans to invest EUR 4.1 billion over the next 10 years to build new interconnections with Bulgaria, Italy, Albania, and North Macedonia, as well as to increase capacities for the integration of renewables and install batteries for electricity storage. The possible new interconnections include a subsea cable between Greece […]
New initiative to support sustainable hydropower in the Western Balkans
The initiative is led by the International Hydropower Association (IHA), the Albanian power utility KESH, and the Swiss SECO.
Petrol completes takeover of electricity supplier E3
Slovenian energy group Petrol has completed the takeover of electricity supplier E3, a subsidiary of state-run power distribution company Elektro Primorska, nearly a year after signing an acquisition agreement. Petrol signed the deal to buy 100% of E3 for about EUR 15 million in February 2020, after outbidding Slovenian energy group GEN-I and state-owned electricity […]