Slovenia, Romania, Bulgaria have no plans for introducing tenders for renewables – CEER
Eleven European countries, including Slovenia, Romania, and Bulgaria, have no concrete plans for introducing tenders for renewable energy sources (RES) in the short term, while Croatia has indicated it will start with tendering procedures for biomass this year, according to the Council of the European Energy Regulators’ (CEER) Tendering procedures for RES in Europe: State […]
Greek energy exchange founded, launch expected in mid-2019
The Hellenic Energy Exchange has been founded as part of the EU’s target model to create a single energy market, Greece’s Environment and Energy Ministry said. The Greek energy exchange is expected to launch operations in mid-2019, the Greek Observer reported, citing an announcement from the ministry. The country’s first energy exchange will be owned […]
EuroAsia Interconnector secures land permit for HVDC converter station
The Republic of Cyprus has issued a notice for the expropriation of land for the HVDC converter station of the EuroAsia Interconnector. The 2,000 MW and 1,518km subsea cable, which will connect the electricity grids of Cyprus, Israel, Crete and Attica in Greece, has been declared a European Union Project of Common Interest (PCI). According […]
Croatian, European day-ahead markets linked
Croatian Power Exchange (CROPEX) and Croatian transmission system operator (HOPS) together with Slovenian power exchange and transmission system operator completed the EU MRC day-ahead market (DAM) coupling project on the Croatian-Slovenian border. According to CROPEX’ press release, for the market coupling session, transmission system operators (TSOs) agreed on an implicit allocation of the daily capacity. […]
Republika Srpska, Serbia to discuss joint construction of HPPs Paunci, Foča – minister
The governments of Republika Srpska and Serbia will discuss the joint construction of the Paunci and Foča hydropower plants on the upper Drina river at their next session, Petar Đokić, the Bosnian Serb entity’s energy minister, has told MPs. Đokić said that he hopes by the time the session is held, a negotiating procedure will […]
Solar PV park developers file for arbitration against Romania
Ten developers of solar photovoltaic (PV) parks have filed for arbitration proceedings before the International Centre for Settlement of Investment Disputes (ICSID) against Romania over the state’s changes to the renewables subsidy scheme. The companies that filed the request are claiming Romania broke the Energy Charter Treaty by cutting the subsidies, which are approved as […]
EEX, BSP Southpool to launch Slovenian power futures
The European Energy Exchange (EEX) will list Slovenian cash-settled, Euro-denominated futures contracts on its pan-European power derivatives platform, the Slovenian Energy Exchange (BSP Southpool) said in a statement, adding that the new power futures will be settled against the SIPX spot market index as calculated by BSP Southpool. The launch of the new contracts is […]
Energy minister announces new draft law on renewables
Minister of Environmental Protection and Energy Tomislav Ćorić has announced a new draft law on renewable energy sources in order to simplify the procedure for such projects. The current Croatian law on renewables and high-efficiency cogeneration was adopted in September 2015. According to the Croatian media, the minister announced that the new draft law would […]