EPCG shareholders approve investment in Gvozd wind farm project
Shareholders of state power utility Elektroprivreda Crne Gore (EPCG) have approved an investment into a joint EUR 58 million project with Austria’s Ivicom Holding to build the Gvozd wind farm, RTCG reported following a meeting of EPCG’s shareholders. Ivan Mrvaljević, head of development and engineering at EPCG, said earlier this year that EPCG could launch […]
CROPEX sells 263,889 guarantees of origin in first auction
Croatian power exchange CROPEX has held its first auction of guarantees of origin (GO) through the IT auction trading platform, selling 263,889 GOs, CROPEX said in a press release. “The first guarantees of origin auction for electricity from incentivized producers (Q1/2019) was successfully held by CROPEX, selling a total of 263,889 GOs at a price […]
HOPS, Siemens sign EUR 5 million contract under Sincro.Grid project
Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a contract on deploying a variable shunt reactor at transformer station TS 400/220/110 kV Melina, as part of the implementation of the EU-backed smart grid project Sincro.Grid, according to a press release on HOPS’ website. The value of the contract to deploy the […]
Electricity price for business in Republika Srpska to increase from 31.3 to 35 eurocents per MWh
Electricity price for the 28 largest industrial consumers in Republika Srpska will be increased on September 1, from 31.3 eurocents per MWh to 35 eurocents per MWh, while supply contracts will be changed by a total of about 200 companies, the Government of Republika Srpska has said on its website. As of September 1, a […]
Končar KET to refurbish HPP Vacha in Bulgaria
A consortium comprising Croatia’s Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW hydropower plant (HPP) Vacha-1, the accompanying 110 kV switchyard, and other auxiliary systems at the HPP, in cooperation with the Bulgarian state power utility Natsionalna Elektricheska Kompania (NEK EAD), Končar KET has said in a […]
EUR 8 million in incentives paid to Montenegrin renewables producers in January-July
Producers of electricity from renewable energy sources in Montenegro received a total of EUR 8.08 million in state incentives in the first seven months of 2019, an increase of 3% compared with the same period last year, according to data from the Montenegrin Electricity Market Operator (COTEE), RTCG has reported. Krnovo Green Energy’s wind farm […]
Hidroelectrica to launch IPO in September 2020
Romania’s state-owned power utility, Hidroelectrica, will launch an initial public offering (IPO) on the Bucharest Stock Exchange in September 2020, local media reported. According to Hidroelectrica CEO Bogdan Badea, the most profitable state-owned company in Romania plans to list 10% of its shares in IPO. There is an option for dual listing, possibly in London […]
FBiH government adopts restructuring program for EPBiH, EPHZHB
The Government of the Federation of Bosnia and Herzegovina (FBiH) has adopted a restructuring program for the power sector in the FBiH, which envisages the unbundling of two state-owned energy companies – Elektroprivreda BiH (EPBiH) and Elektroprivreda Hrvatske Zajednice Herceg-Bosne (EPHZHB) – in accordance with the rules of the EU’s Third Energy Package. The restructuring […]
