Montenegro accelerates takeover of A2A shares in EPCG

The Government of Montenegro intends to increase the ownership in public power utility Elektroprivreda Crne Gore (EPCG) in May from 57,01 to 70,16%, instead of initially planned 63%. This is envisaged by the Proposal of the Contract on the execution of put option, which the Montenegrin Government adopted and submitted it to the National Assembly, […]

Greece launches international tender for Crete power link project

Greece’s power grid operator ADMIE has launched an international open tender for a project linking the island of Crete to the mainland grid via undersea cables. The power link is expected to be finalized by 2020. Giorgos Stathakis, the energy minister, announced that this tender, via an e-auction, will be awarded to the “most economically […]

Austria interested in investing in mini HPPs in Serbia

Austria is interested in building mini hydropower plants (HPP) in Serbia and exploring its significant potential in hydropower, the Serbian government announced after a meeting between Aleksandar Antić, Serbian energy ministry and Nikolaus Lutterotti, Austria’s newly appointed ambassador. Lutterotti said that Austria is ready to further strengthen cooperation, especially in the construction of mini hydropower plant. […]

Croatian HOPS has become member of Mediterranean Association Med-TSO

HOPS, the Croatian transmission system operator (TSO) has become a member of Med-TSO, the Association of the Mediterranean Transmission System Operators for electricity, sharing the primary goal of creating a Mediterranean energy market. During the Med-TSO assembly in Brussels last week, Croatia officially become the 19th country-member of the association which has 400,000 kilometers of […]

Elektroprivreda Srbije looks for Kostolac wind farm advisor

Public power utility Elektroprivreda Srbije (EPS) seeks a consultant for the construction of the 66 MW Kostolac wind farm. The state-owned company published a public call for the expressions of interest from consulting firms to assist in the preparation of the Kostolac wind farm project. This will be the first renewable energy capacity in EPS’ […]

Macedonia to sign MoU with Bulgaria on coupling day-ahead markets

Former Yugoslav Republic of Macedonia’s government (FYROM) has accepted the proposed text of a Memorandum of Understanding (MoU) on coupling the day-ahead electricity markets of the two countries. This initiative will enable FYROM to join the internal electricity market of South-East Europe (SEE) and it will bring new business opportunities and cross-border trade in order […]