Electrica to merge power distribution subsidiaries, energy services units

Romanian electricity supplier Electrica Group is set to merge its three power distribution subsidiaries and two energy services companies. The move has already been approved by the company’s shareholders. The merger of the three electricity distribution subsidiaries – SDEE Transilvania Nord, SDEE Transilvania Sud, SDEE Muntenia Nord – is scheduled for January 1 and the […]

CE Oltenia plans to slash CO2 emissions by 38%, but keep investing in coal

Romania’s ailing state-run electricity producer Complexul Energetic Oltenia (CE Oltenia) has drawn up a 2021-2026 restructuring and decarbonization plan that entails gradually reducing coal power production and developing renewable energy sources, with a target to cut CO2 emissions by around 38%. The plan includes EUR 1.5 billion in investments. CE Oltenia, the second-biggest electricity producer […]

Bulgaria: all companies set to enter the free electricity market from 1 October 2020

Authors: Dimitar Zwiatkov, partner and Maria Harizanova, associate at CMS Bulgaria   On 1 October 2020, all non-residential electricity customers in Bulgaria, which are connected to the low-voltage electricity distribution network must start buying electricity from the free market on freely negotiated rates. How would the supply of electricity change for them after 1 October 2020? Background Currently, Bulgaria is […]

Enel Romania investing EUR 100 million in electricity network modernization in 2020

Enel Romania’s power distribution companies will invest about EUR 100 million during 2020 in electricity network modernization in the capital Bucharest and the ten counties in which they operate. The three E-Distribuţie companies make substantial investments in network modernization every year, according to Gino Celentano, general manager of the three companies, who added that the […]

Greenpeace demands coal phaseout in Bulgaria by 2030

The government in Sofia should look up to Greece in its energy policy, according to Balin Balinov from Greenpeace Bulgaria, who called for a coal exit twenty years earlier than in the national plan. Environmentalists are pointing to the damage from maintaining thermal power plants using the fossil fuel. While the Minister of Energy Temenuzhka […]

RP Global to build solar power plant on Croatian island

Austria-based electricity producer RP Global is about to start building a solar power plant near the town of Novalja on the Croatian island of Pag, whose projected annual output is 25 GWh. RP Global has already built two wind farms close to the Adriatic coast in Croatia – Danilo near Šibenik and Rudine near Dubrovnik […]