Most Read in June: Siemens Gamesa’s ETES, Montenegro goes coal-free for 10 days, EC Albania report
Even though it was published in late June, the news about Siemens Gamesa’s breakthrough electrothermal energy storage system made it to the number one spot on our English-language Top 3 Most Read list for June. The Top 3 Most Read list for June is also available for our portal’s Serbian/local language version. 1 – Siemens […]
Romania to allow investors to trade electricity from projects under development
Romania’s legislation will be amended to allow investors in energy projects to trade electricity to be generated by projects under development, in order to enable them to raise financing for their investments, Romania Insider reported. Investors in energy projects, particularly those in renewable energy projects, have been urging Romania’s authorities since 2012 to enable them […]
PPC secures EUR 160 million for distribution network upgrade, expansion
Greece’s Public Power Corporation (PPC) has secured a EUR 160 million loan, backed by a sovereign guarantee, from the Black Sea Trade and Development Bank (BSTDB). The loan will support PPC’s capital expenditure plan concerning the distribution network, the BSTDB said. The proceeds of the loan will be used to finance PPC’s capital expenditures for […]
Siemens Gamesa unveils world’s first electrothermal energy storage system
Siemens Gamesa Renewable Energy has put into operation the world’s first electrothermal energy storage system (ETES), which makes it possible to store large quantities of energy cost-effectively, decoupling electricity generation and use. The innovative storage technology is key to the next step in the energy transition, according to a press release from the Spain-based wind […]
Energy Community, GIZ ORF-EE cooperation produces guidance on consolidation of climate and energy planning
The Energy Community Secretariat has published the paper “Consolidation of climate planning processes in the Energy Community Contracting Parties”, which provides the Contracting Parties with a concise and simple guidance on how they could consolidate their multiple climate change and energy planning processes and international obligations into one single process, ensuring efficiency and alignment. The […]
Turkey touts ambitious renewable energy plans as it awards 1 GW of wind capacity
Turkey aims to increase the share of the domestic and renewable energy sources in the country’s electricity production to two-thirds by 2023, said Turkey’s Energy and Natural Resources Minister Fatih Donmez said at a recently held G20 ministerial meeting in Japan. “Last month another wind auction for 1 gigawatt capacity was also successfully completed,” Donmez […]
KOSTT completes works on 110/10(20) kV Ilirida substation
Kosovo’s* transmission system operator (TSO) KOSTT has completed works on the 110/10(20) kV Ilirida substation with 110 kV underground transmission lines, according to a press release from KOSTT. The Ilirida substation has been built as part of a EUR 5.4 million project implemented in three lots, KOSTT said. The ceremony was attended by representatives of […]
BiH, Kosovo*, Serbia pay EUR 444 million in coal subsidies, EUR 147 million for renewables – report
The three most coal-intensive Energy Community (EnC) Contracting Parties – Bosnia and Herzegovina, Kosovo*, and Serbia – paid a total of EUR 444 million in direct subsidies to coal, while their incentives for production from renewables reached EUR 147 million during the period 2015-2017. The total sum of direct subsidies in all Contracting Parties, including […]