EPHZHB’s Miroslav Nikolić: Despite obstacles, green energy development is possible and achievable
The energy transition is slowly taking hold in Western Balkan countries. A prominent place among the region’s power utilities, which are the pillars of national power systems, belongs to Elektroprivreda Hrvatske Zajednice Herceg Bosne (EPHZHB), whose two new renewable energy facilities – hydropower plant Mostarsko Blato and Mesihovina wind farm – have demonstrated that green […]
Typhoon HIL is best startup in Serbia in PowerUp! challenge
A firm founded in 2009 was acknowledged for UEGOS, a solution to prevent voltage deviations and protocol barriers between smart devices and the power grid. Typhoon HIL was chosen in the PowerUp! competition in Serbia to participate in the finals in Poland. Typhoon HIL Inc. has impressed the jury with a tool for the communication […]
ENERGY TRANSITION – 3D array is key for tracking trends (part two)
Author: Prof. Nikola Rajaković, School of Electrical Engineering (ETF), University of Belgrade The central trends today in energy can be tracked with a 3D array – decarbonization, decentralization and digitization. The simplified schematic concept makes it possible to explain complex processes more easily, says Professor Nikola Rajaković from the School of Electrical Engineering in Belgrade […]
EPCG to invest EUR 51 million in 2020
Power utility Elektroprivreda Crne Gore (EPCG) intends to invest EUR 51 million this year in projects within the electricity generation sector and the development and engineering department. Last year, EPCG’s capital expenditures were EUR 9.35 million, and in October it announced EUR 700 million would be invested in new renewable energy capacities. The construction of the Briska […]
Tokyo-based Enechange, Looop to run Turkish 13 MW solar park for ten years
A solar power plant in Denizli province, Turkey will be the first investment by the newly established Japan Energy Fund. The overseas-specialized decarbonized energy fund is founded by Tokyo-based companies Enechange Ltd. and Looop Inc. Joint rights to operate the 13 MW photovoltaic system, located about 300 kilometers south of Istanbul, will be purchased for […]
Investors taking advantage of corona crisis to build five small HPPs in BiH
Despite the lockdowns in the region caused by the coronavirus, the construction of five small hydropower plants (SHPPs) has begun or is being pushed in the south of Bosnia and Herzegovina’s capital Sarajevo, according to a joint press release by the Coalition for the Protection of Rivers in Bosnia and Herzegovina, Riverwatch and EuroNatur. In […]
EPHZHB’s net profit for 2019 lands nearly seven times lower year over year
Net profit of public power utility Elektroprivreda Hrvatske Zajednice Herceg Bosne (EPHZHB) dropped 85.1% last year against 2018, to BAM 2.47 million (EUR 1.26 million), according to the official results. The company’s net profit in 2018 was BAM 16.6 million (EUR 8.49 million) or almost seven times higher. Even though revenues strengthened and costs fell […]
KOSTT: ENTSO-E backs Kosovo’s* exit from control block lead by Serbia’s EMS
The vote on the new connection agreement between Kosovo’s transmission system operator (TSO) KOSTT and ENTSO-E was successfully concluded by the Regional Group of Continental Europe (RGCE), KOSTT has announced. RGCE is one of the five permanent regional groups or synchronous areas within ENTSO-E, the European Network of Transmission System Operators. With the vote and […]