Hidroelectrica eyeing CEZ, Enel assets in Romania
Following power distribution and supply company Electrica, another Romanian state-owned energy company, power producer Hidroelectrica, has revealed it is eyeing Czech energy company CEZ’s assets in Romania, as well as assets owned by Italian energy company Enel in Romania, according to reports. Hidroelectrica, Romania’s largest power producer 80% owned by the state and 20% by […]
Six power utility EPS employees arrested over mini HPP Dubočica 2
Police have arrested six employees at Serbia’s state power utility Elektroprivreda Srbije (EPS) in Kraljevo on suspicion of office abuse related to the construction of a power facility for the Dubočica 2 mini hydropower plant (HPP), EPS said in a press release. The suspects arrested on office abuse charges concerning the Dubočica 2 mini hydropower […]
EUR 1 billion Crete-Attica interconnection draws bids from major cable construction players
Major companies in the cable construction sector have filed binding bids for lots of a EUR 1 billion project to build the Crete-Attica electricity grid interconnection, whose construction is seen as urgent to avert electricity shortages on Greece’s largest island. Ariadne Interconnection, a special purpose vehicle of Greece’s Independent Power Transmission Operator (IPTO or ADMIE) […]
Electricity customers in Montenegro to get EUR 20-200 for poor supplier, system operator service
From August 8, customers in Montenegro will receive financial compensation of EUR 20-200 in situations when the minimum quality of electricity supply is not met, the Energy Regulatory Agency (RAE) of Montenegro has said on its website. Customers may file complaints about events occurring from August 8, within 30 days of the event which resulted […]
Bids invited to build North Macedonia’s electricity interconnection with Albania
North Macedonia’s state-owned electricity transmission system operator (TSO) MEPSO has invited bids to build a 400 kV transmission line and a new 400/110 kV substation in the vicinity of Ohrid to provide North Macedonia with an electricity interconnection with Albania. North Macedonia’s electricity interconnection project entails (i) the construction of electricity transmission infrastructure from Bitola […]
CEZ Romania swings to net loss in 2018 on decreased wind power generation
Czech energy company CEZ Group in Romania posted a net loss of RON 50.3 million (about EUR 10.6 million) in 2018, compared to a net profit of RON 421.2 million (around EUR 89 million) in 2017, as its largest energy facility, the Fantanele-Cogealac wind farm, produced a total of 1,105 GWh of electricity, 218 GWh […]
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 […]