HEP gets green light to build HES Kosinj hydropower complex as part of EUR 500 million project
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) has been given a go-ahead by the Environmental Protection and Energy Ministry for a project to build the HES Kosinj hydropower complex, and it plans to launch preparatory works in 2019, local media have reported. The HES Kosinj project envisages the construction of a reservoir with three dams, […]
Dalekovod signs EUR 10 million deal with Sweden’s Svenska Kraftnat
Croatian power transmission equipment maker Dalekovod has signed a contract worth over EUR 10 million with Sweden’s state-owned electricity transmission system operator Svenska Kraftnat, according to a news release on Dalekovod’s website. The contract covers the reconstruction of the 400 kV and 220 kV overhead transmission lines around the 400/220/110 kV substation near the city […]
China’s SDIC Power eyes investment in 170 MW wind farm in Turkey – daily
China’s SDIC Power plans to build a 170 MW wind farm worth USD 300 million in Turkey’s Aegean provinces of Aydim and Manisa together with SGI Holding, Daily Sabah has reported. The licensing and bureaucratic processes related to the investment SDIC Power plans have been completed, the daily wrote, adding that SDIC Power is expected […]
HSE’s net profit plunges 56% in 2017 as electricity production shrinks 10%
Slovenian state power utility Holding Slovenske Elektrarne’s (HSE) net profit in 2017 dropped 56% against 2016, to EUR 19.7 million, as a result of a 10% year-on-year decrease in electricity production, according to HSE’s annual report. HSE’s total electricity production in 2017 was 7,034 GWh, down from 7,778 GWh in 2016. Output at HSE’s hydropower […]
Republika Srpska government proposes new energy sector development strategy until 2035
The government of Republika Srpska, the Serb entity of Bosnia and Herzegovina, has adopted a proposal of the energy sector development strategy until 2035, focusing on the security of supply and the creation of a sustainable and competitive energy sector, local media reported. The document, which has been sent to parliament for a fast-track procedure, […]
EU ETS implications for Serbia – price of electricity made from coal to go up
Carbon pricing – forcing electrical generators to pay for the right to emit carbon – is coming to Serbia, sometime in the period 2020 – 2025, as Serbia joins the EU. This will inevitably increase the price of electricity made from coal, and will give an incentive for Serbia to produce more of its power […]
PPC Renewables’ geothermal partnership draws two 2nd round binding bids
Only two second-round binding bids were submitted for geothermal development partnership with Greece’s PPC Renewables, a subsidiary of the country’s majority state-owned power utility, Public Power Corporation (PPC), by the June 1 deadline, according to reports. The second-round binding bids for the geothermal partnership with PPC Renewables were filed by Greece’s waste-to-energy producer Helector, part […]
Turkey seeks to integrate energy storage into planned solar projects
The Turkish energy ministry has hired DNV GL, a Norway-based global quality assurance and risk management firm, to conduct a feasibility study on combined solar and energy storage solutions, seeking to determine whether the integration of energy storage in the future solar auctions has the potential to further cut energy costs, news agencies have reported, […]