EIB to ditch fossil fuel projects from 2021
The European Investment Bank intends to stop funding fossil fuel projects from 2021, according to the draft of the EU bank’s new energy lending policy. In the document, titled EIB energy lending policy – Supporting the energy transformation, the bank said that its activities would shift away from fossil fuel projects and focus on four […]
Wind dominates Top 3 Most Read list for July
The news that Croatia’s state-owned power utility Hrvatska Elektroprivreda (HEP Group) is going ahead with its first wind farm was number-one on our English-language Top 3 Most Read list for July. The Top 3 Most Read list for July is also available for our portal’s Serbian/local language version. 1 – Nordex Group to supply turbines […]
Electricity market liberalization lowers prices by 32% in North Macedonia
The electricity market liberalization has decreased prices for small commercial customers by about 32%, said Marko Bislimoski, president of North Macedonia’s Energy Regulatory Commission, local media reported. These consumers became eligible to choose their supplier from January 1 this year, and they are using the opportunity. Bislimoski said that the price they paid before January […]
Enel CEO in Romania proposed for PPC’s new chief
Georgios Stassis, who currently serves as CEO and country manager for Italian energy company Enel in Romania, has been put forward for appointment as new CEO of Greece’s ailing majority state-owned Public Power Corporation (PPC), the Greek media has reported. Stassis, who had been with the Enel Group since 2007, would replace Manolis Panagiotakis, who […]
Romania, Slovenia among five countries eyeing new European Commission’s energy portfolio
Five EU member states, including Estonia, Latvia, Romania, Poland, and Slovenia, are interested in getting the energy portfolio in the next European Commission, HotNews.ro reported. The candidates for European energy commissioner are Kadri Simson from Estonia, Virginijus Sinkevicius, Linas Linkevicius or Saulius Skvernelis from Latvia, Luminita Odobescu from Romania, Krzysztof Szczerski from Poland, and Janez […]
CROPEX to organize auctions of guarantees of origin
Croatian power exchange CROPEX will organize auctions of guarantees of origin through the IT auction trading platform, CROPEX said in a press release. The first two auctions will be held on August 29 and 30. CROPEX will organize the auctions to sell guarantees of origin for wind generation in the production period Q1 and Q2 […]
New Croatian Energy Strategy and Electric Energy Market
Author: Marija Mušec, Partner at Law Firm Bardek, Lisac, Mušec, Skoko d.o.o. in cooperation with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH In May 2019, the Croatian Government proposed a new national Energy Strategy to run until 2030, including an overview to run to 2050. The proposal is currently under public review. The Energy Strategy foresees three […]
Evaluation of applications for HPP Dabar project to be repeated
The evaluation of applications to bid for financing and building hydropower plant HPP Dabar will have to be repeated, after part of the procedure was annulled following a complaint filed by one of the applicants, a consortium of China National Electric Engineering Co. Ltd (CNEEC) and Slovenia’s RIKO, local media reported. Bosnia and Herzegovina’s office […]
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