Vattenfall CEO Magnus Hall named new president of Eurelectric
Vattenfall President and CEO Magnus Hall has been appointed new president of Eurelectric for the next two years, according to press releases from the Sweden-based energy company and the pan-European electricity sector association. Eurelectric, the European industry association for the electricity sector, represents over 3,500 companies in more than 30 European countries in power generation, […]
Smart metering project connects 300 solar panel owners in decentralized power network
The LIFE+ SmartPV project has connected around 300 solar panel owners in Cyprus in a decentralized power network, making solar power better value. The Cypriot authorities have extended the payment scheme used for the pilot network to all owners of solar panels in the country, according to a press release from the European Commission. The […]
Hidroelectrica to hire law firm for IPO on Bucharest Stock Exchange
State-owned power utility Hidroelectrica has issued a public call to acquire legal services for conducting an initial public offering (IPO) on the Bucharest Stock Exchange, local media reported. The deadline for submitting offers is May 23. Hidroelectrica plans to sell newly issued shares and also existing shares, but also to finally lists on the Bucharest […]
Greece secures EUR 178 million for first power link between Crete and mainland
Greece has secured a EUR 178 million long-term loan to finance the construction of the first power interconnector between the mainland and the country’s largest island Crete. The new 132 km submarine power line will ensure the security of energy supply, provide a third of Crete’s electricity needs, reduce the use of oil-fired power plants, […]
Kosova e Re power purchase agreement challenged at Energy Community
Kosovar and international non-governmental organizations have filed an official complaint to the Energy Community’s (EnC) dispute settlement mechanism, challenging the legality of the power purchase agreement (PPA) for the planned Kosova e Re coal power project, which is currently awaiting ratification by the Kosovo* parliament, Bankwatch has said on its website. The complaint was filed […]
Bulgaria scraps electricity export fee, enabling market coupling with North Macedonia
Bulgaria has amended its energy law to abolish a fee levied on exports of electricity, in what will remove obstacles to trade with Energy Community contracting parties in the Balkans and pave the way for the future market coupling with North Macedonia, the Energy Community Secretariat said in a statement welcoming the move. The amendments […]
SEE CAO appoints Ivan Bulatović as new executive director
Coordination Auction Office in South East Europe (SEE CAO) has appointed Ivan Bulatović as the new executive director, SEE CAO said in a news release. SEE CAO manages the coordinated explicit allocation of cross-border transmission capacities on six borders in SEE region. Ivan Bulatović has extensive experience in the field of power systems and has […]
Vienna Energy Transition Forum to be held on June 6-7
The Vienna Energy Transition Forum, convened by the Institute of Energy for SE Europe (IENE) in partnership with the Vienna-based Energy Centre Europe (ECE), is bringing together some of the most progressive energy specialists from across Europe to discuss the critical energy and environmental issues and how these can be tackled as the region enters […]