Bulgaria to continue to use coal power plants at least until 2030

Bulgaria will continue to use its coal power plants in the following decade and further on, according to the national plan with a 2050 horizon, Energy Minister Temenuzhka Petkova said after meeting with representatives of two trade unions, local media reported. They discussed the European Green Deal. The Confederation of Independent Trade Unions in Bulgaria […]

Electricity February 27, 2020

EU conditions EUR 251 million state aid to coal, power utility CE Oltenia

The European Commission has approved Romania’s plans to grant a EUR 251 million loan to second-biggest power producer Complexul Energetic Oltenia (CE Oltenia) but with strict conditions. The Romanian government has defined a plan to help Complexul Energetic Oltenia (CE Oltenia), coal-based utility trapped in a financial squeeze for years. A public loan warrants approval […]

Electricity February 26, 2020

Investment Group Balkan eyes solar park in Sokolac municipality in BiH

Investment Group Balkan has expressed its interest in building a solar power plant on 100 hectares in Sokolac municipality in Bosnia and Herzegovina. Representatives of the company, whose founders are from Russia, China and Lithuania, accompanied by Gordan Milinić, director of the Foreign Investment Promotion Agency of BiH (FIPA), discussed the investment with Milovan Bjelica, […]

Regional Security Coordinator for SEE to step up European integration in synchronous zone

The establishment of the Regional Security Coordinator (RSC) for Southeast Europe (SEE) is an important step towards European integration in a synchronous zone, by integrating two capacity calculation regions: Greece-Italy and Southeast Europe, said Manos Manousakis, CEO and Chairman of the Independent Power Transmission Operator – IPTO or Admie. In an interview with Balkan Green […]

Electricity February 26, 2020

Poland seeks alternatives for last coal thermal power plant project

The European Green Deal and the European Investment Bank’s exit from fossil fuel projects prompted the suspension after 5% of the unit was completed. Two government-controlled enterprises have legal challenges and are burdened with emission expenses. Coal is now less likely to be used in thermal power plant Ostrołęka C if works continue. State-owned electricity […]

Electricity February 24, 2020