Investment in HPP Komarnica to reach EUR 238 million – study
The value of investment in the construction of the Komarnica hydropower plant (HPP) in Montenegro is estimated at EUR 237.9 million, according to the concept of the detailed spatial plan for the multipurpose water reservoir on the Komarnica river. The proposed installed capacity of HPP Komarnica is 168 MW and the estimated annual electricity production […]
IMF calls for raising electricity tariffs in Serbia
Electricity tariffs in Serbia have not changed in two years and should be raised, International Monetary Fund (IMF) Resident Representative in Belgrade Sebastian Sosa has told a news conference, local media reported. Electricity tariffs in Serbia should at least be adjusted for inflation, Sosa said, also noting that the country will have to transition to […]
ESO, IPTO, Transelectrica sign MoU on establishing Regional Coordination Center
Power transmission system operators (TSOs) ESO (Bulgaria), IPTO (Greece), and Transelectrica (Romania) have signed a Memorandum of Understanding (MoU) on key steps toward establishing a Regional Coordination Center (RCC). The three TSOs’ area is part of the South-East Europe (SEE) Capacity Calculation Region (CCR). The EU has 10 Capacity Calculation Regions. Bulgarian TSO ESO will […]
Albania launches net metering for solar PV prosumers
Albania has put in place a net metering scheme for solar photovoltaic (PV) prosumers, the Ministry of Infrastructure and Energy has announced. Albania’s net metering scheme covers small and medium-sized enterprises (SMEs) and households with solar PV systems whose capacity does not exceed 500 kW. The Albanian government expects the scheme to enable the deployment […]
Power utility ERS to borrow EUR 307 million for new renewable energy power plants
The Government of Republika Srpska intends to provide state guarantees for loans worth BAM 600 million (about EUR 307 million) for power utility Elektroprivreda Republike Srpske (ERS) to invest in renewable energy power plants and overhaul coal-fired power plants. The Republika Srpska parliament has adopted a decision on the value of state guarantees that the […]
CEZ in Bulgaria gets permit for EUR 1.5 million for transmission line project
CEZ Distribution Bulgaria has received a construction permit for its EUR 1.5 million project to replace the 110 kV Zenit power transmission line and partly reconstruct two substations in Sofia, the company has said in a statement, according to reports. The company will replace a 2.2-kilometer cable that supplies 96,000 households and business customers in […]
Serbia’s TSO EMS completes underground high-voltage cable in EUR 2.7 million project
Serbia’s state-owned power grid operator Elektromreža Srbije (EMS) has completed the construction of an underground high-voltage cable running from EMS’ substation Belgrade 17 at the Plavi Most overpass to EPS’ substation Belgrade 13 at the Autokomanda looped interchange. The project has created conditions for more reliable and secure power supply to central parts of the […]
Greek power company PPC CEO steps down
Greece’s majority state-owned Public Power Corporation (PPC) Chairman and CEO Manolis Panagiotakis has tendered his resignation to new Greek Environment and Energy Minister Kostis Hatzidakis, saying that the move is aimed at making it easier for the new government to implement its policy. Hatzidakis thanked the outgoing PPC CEO for his years of service and […]
