Republic of Srpska adopts new law on electricity in line with EU’s Third Energy Package
The National Assembly of the Republic of Srpska has adopted a new law on electricity, which transposes the EU’s Third Energy Package and paves the way for market liberalization. The law envisages the unbundling, the reorganization of state-owned Elektroprivreda Republike Srpske (ERS), introduces the status of a protected consumer, the possibility of establishing energy cooperatives, […]
EPCG is negotiating with EBRD loan for Gvozd wind farm
Power utility Elektroprivreda Crne Gore (EPCG) is negotiating a loan with the European Bank for Reconstruction and Development (EBRD) to finance the construction of the Gvozd wind farm. At the beginning of September last year, shareholders of EPCG approved the investment in the construction of the 54.6 MW Gvozd wind farm with Austria’s Ivicom Holding. […]
State-owned firms bid jointly for ČEZ assets in Romania
Hidroelectrica, Electrica and SAPE may face E.ON and Allianz, India Power Corp. and MVM in the race for the Czech company’s seven businesses. ČEZ, looking for a buyer for its assets in Romania, values them at EUR 1.07 billion against the book value of EUR 15 billion A consortium established by Hidroelectrica, Electrica and SAPE […]
Bulgaria’s 300,000 firms to leave regulated power market amid liberalization
As of October 1, about 300,000 companies in Bulgaria will have an obligation to choose an electricity supplier. It is another step in the country’s electricity market liberalization and arguably the biggest one so far. Bulgaria is one of the few European Union member states which have not fully liberalized their electricity markets. In September, […]
Electrica acquires Stănești solar park, enters power generation market
Romanian power supply company Electrica Group has acquired 7.5 MW Stănești Photovoltaic (PV) Farm in a move that marks its entry in the power generation sector, namely renewables. According to the local media, the company is also negotiating the acquisition of several other facilities including the 45 MW Dorobanţu wind farm and PV farms controlled […]
Major flaws in EPS environmental study for TENT A thermal power plant overhaul
Environmentalist organizations and activists claim Elektroprivreda Srbije, EPS, won’t be able to obtain the necessary integrated license for its biggest thermal power plant TENT A by the end of the year at the current pace. At a public discussion on the environmental impact assessment study for most of the facility, the author acknowledged the aim […]
Dalekovod, ELES sign contracts for power lines worth EUR 59.5 million
Croatia’s Dalekovod Group has signed contracts for three projects with Slovenia’s transmission system operator ELES. The investment is estimated at EUR 59.5 million. The projects will be implemented by a consortium Dalekovod Ljubljana, Elektrotehna Elex and C&G. Upon completion, two power sections of lines will connect Hungarian and Slovenian transmission networks at a voltage level […]
Coal power plants in EU shuttering amid jump in expenses from end-June
Exemptions in air pollution limits in the EU are about to be abolished, so owners of older coal-fired power plants will have fewer operational hours allowed. Another option, aside from closing the facilities, is to invest in efficiency and environmental protection, but with little to no guarantee it would be cost effective. While ČEZ is […]