TENDERING: Supply and installation of smart metering for Elektro-Bijeljina in Bosnia and Herzegovina
Power distribution company Elektro-Bijeljina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), has launched tendering for the supply and installation of smart metering, according to an announcement on the EBRD Client e-Procurement Portal. The contract will be funded by a EUR 7.5 million loan from the European Bank for Reconstruction and Development (EBRD). […]
IEEFA: GE lost billions in market capitalization by misjudging energy transition
According to a report by the Institute for Energy Economics and Financial Analysis (IEEFA), General Electric (GE) lost USD 193 billion or 74% of its market capitalization over 2016-2018. “This value destruction was driven in large measure by the collapse of the new thermal power construction market globally – a collapse which caught GE entirely […]
Construction on 250 MW Briska Gora solar power plant to begin in 2020
The first phase of works on a solar power plant with an installed capacity of 250 MW on the Briska Gora locality near Ulcinj, Montenegro will begin in 2020 and last 18 months, state power utility Elektroprivreda Crne Gore (EPCG) CEO Igor Noveljić has said. In a statement to Vijesti, Noveljić said that he expects […]
World Environment Day: Air pollution causes nearly 5,000 premature deaths in 19 Western Balkan cities
Air pollution is directly responsible for up to one in five premature deaths in 19 Western Balkan cities, suggest preliminary results from a report led by the United Nations Environment Programme (UN Environment). Today is World Environment Day, the UN’ most important day for celebrating the environment, and the theme to the 2019 edition is […]
Ministers on region’s energy transition: Countries have right to choose their own energy mix
Energy, economy, and foreign ministers of Bulgaria, Hungary, Montenegro, Romania, Republika Srpska (an entity of Bosnia and Herzegovina), and Serbia believe that energy knows no borders, which requires regional cooperation, while they are adamant that every country has the right to determine its own energy mix. According to the ministers, who spoke at the Summit […]
Schneider Electric eyeing Greece’s EUR 1.5 billion smart meter project
Schneider Electric has contacted the Hellenic Electricity Distribution Network Operator (HEDNO) to express interest in the replacement of around 7.5 million conventional electricity meters with smart meters, Kathimerini English Edition has reported. The project to replace conventional electricity meters with smart meters, implemented by HEDNO, whose Greek acronym is DEDDIE, is worth EUR 1.5 billion, […]
Montenegro registers 10 days of coal-free electricity generation
Montenegro produced enough electricity to cover domestic consumption from renewable energy sources only from May 24 to June 2, 2019, for the first time ever going coal-free for 10 days, the Government of Montenegro said in a press release. During the period, coal-fired power plant Pljevlja was not operating, yet Montenegro produced around 82 million […]
European Commission: Albania should urgently diversify away from hydropower, properly conduct environmental assessments
Albania is moderately prepared in the area of energy, according to the European Commission’s latest report on the country’s alignment with the EU acquis. Albania’s national energy strategy 2018-2030 has been adopted, the Chapter 15 section of the report notes. However, the country has delayed electricity market reforms and should accelerate implementation of the connectivity […]
