World Bank’s loan to support electricity supply tariff rises in Serbia
World Bank (WB) EUR 160.6 million loan provided to Serbia will, among other activities, support public power utility Elektroprivreda Srbije (EPS ) in achieving increased convergence of the guaranteed electricity supply tariff to reach market parity levels. The percentage and the date of the electricity price hike are not determined. According to World Bank’s statement […]
EU report: Southern Europe’s fossil fuel power plants contradict European markets’ pattern
In the fourth quarter of 2017 low water levels in the Balkans negatively affected wholesale electricity prices in Hungary and Slovenia, but also in Romania and Serbia, while fossil fuel based electricity generation in the Southern Europe secured profitability contrary to the case in the European markets, the European Commission’s latest Quarterly report on European […]
IBEX announces intraday market kick off
The Independent Bulgarian Energy Exchange (IBEX) announced the launch of the intraday market (IDM) on April 11. “On April 11 at 14:00 CET, the IDM market segment will be open for real trading with delivery after 00:00 CET on the April 12. We kindly invite all market participants that are still not registered as a […]
Report: Energy Community countries’ shift in day-ahead markets development
The Western Balkans 6 (WB6) countries shifted from activities to develop national day-ahead markets towards finding an efficient solution that will secure rapid introduction of day-ahead market processes and coupling with neighboring markets, the Energy Community (EnC) Secretariat said in its latest WB6 report on electricity. However, overall the report sees very limited progress since […]
Romania’s prosumers are stuck – government doesn’t know how to tax them
Even though Romania introduced the prosumers into legislation 10 years ago, there is still no fiscal regime that would address them. According to energy minister Anton Anton, the Ministry of Public Finance does not know how to tax prosumers. Romanian citizens interested in this activity can’t produce electricity and sell it to the power grid […]
Minister Antić supports WISE expert network of women in sustainable energy, climate change, and environmental protection
The Center for the Promotion of Sustainable Development (CPOR) has presented results of the first research in Serbia on the role, position, representation, and attitudes of women in sustainable energy at the Women in Sustainable Energy – Leadership for Change conference. Women in Serbia choose sustainability – this is, in short, the finding of the […]
Albania plans to float state-owned power distributor OSHEE this year
Albanian government plans to float state-owned power electricity distributor OSHEE on the stock exchange by the end of this year, prime minister Edi Rama announced a meeting attended by government and EU officials earlier this week. Rama said that the government ambition is to get the massive participation of Albanian citizens as shareholders so both sides […]
11 energy, environmental proposals on key infrastructure projects list
Montenegro’s National Investment Commission adopted a list of 36 key priority infrastructure projects, including 11 energy and environmental protection projects with more than EUR 1.2 billion earmarked for them. The Montenegrin Government press service said adding that the Commission submitted the list to the government to consider and adopt. The statement noted that a total […]