Terna to complete Italy-Montenegro power line by end-2019, halves initial capacity
Italian energy company Terna has said it plans to complete the Italy-Montenegro electricity interconnector project by the end of 2019, slipping the project conclusion from the previously targeted date in 2018, while also halving the planned initial capacity to 600 MW, according to reports. The submarine cable has been laid, receiving points completed, and the […]
Fintel Energija IPO on Belgrade Stock Exchange in May
Fintel Energija will conduct the initial public offering (IPO) on the Belgrade Stock Exchange in May, company CEO Tiziano Giovannetti said. The first IPO after almost 80 years on the Belgrade Stock Exchange is being prepared for nine months. The Fintel Energija plans to sell 15-20% of its shares. “The necessary IPO procedure will be […]
Energy Agency gets new president and members of the Council
The National Assembly of the Republic of Serbia elected a new president and members of the Energy Agency (AERS) Council because the old management mandate has expired. The new President of the Council is Dejan Popović, and the members are Aca Marković, Dejana Stefanović-Kostić, Negica Rajkov and Goran Petkovic, who is re-elected. Officials of the […]
Energy Community and EBRD issue Policy Guidelines for renewable energy auctions
The European Bank for Reconstruction and Development (EBRD) and the Energy Community (EnC) Secretariat have published joint Policy Guidelines to help countries design and implement competitive selection processes for supporting renewable energy. The International Renewable Energy Agency (IRENA) assisted EBRD and EnC Secretariat with designing Policy Guidelines. The Draft Policy Guidelines on Introducing Renewable Energy […]
Ugljevik 3 TPP fails again to comply with environmental acquis
The Energy Community Secretariat has moved to second step in a dispute settlement procedure against Bosnia and Herzegovina for its non-compliance with the requirements of the Environmental Impact Assessment Directive. In its Reasoned Opinion, the Secretariat maintained the view that the environmental impact assessment procedure of the planned Ugljevik 3 thermal power plant (TPP) in […]
EPCG to invest EUR 67 million in hydropower, analysis for wind farm underway
Power utility Elektroprivreda Crne Gore (EPCG) plans to invest EUR 170 million in the next five years, out of which EUR 40 million in the revitalization of two hydropower plants (HPPs), Piva and Perućica, and EUR 27 million in diverting a part of the Zeta river into the Perućica hydropower system. Around EUR 60 million […]
Intraday allocation on Croatian-Hungarian border to be launched
Croatian transmission system operator (TSO) HOPS and Hungarian transmission system operator MAVIR announced the launch of intraday allocation on Croatian-Hungarian border on March 27. “The Go – Live date of intraday allocation on Croatian-Hungarian border is set at 18:00 of March 27, with the publication of ID ATC value, for the business day March 28”, […]
Bulgaria and Greece will soon be connected by new transmission line
A new overhead electric line will soon connect Greece and Bulgaria. This new single circuit 400kV interconnection line between the substations Maritsa East in Bulgaria and Nea Santa in Greece will be of approximately 150 km in length. According to the Bulgarian Deputy Minister of Regional Development and Public Works, Valentin Yovev a detailed development […]