Albania launches procedure for electricity import due to drought
Albania has launched import procedure for 285,000 MWh of electricity for over one month period. The procedure was launched to overcome domestic production’s shortages provoked by the drought. Albania’s Energy Power Distribution Operator (OSHEE) announced on June 23 that it had launched import procedures for 285,000 MWh of electricity for the period from June 28 […]
Serbian power company EPS wants to buy shares in EPCG Montenegro media claim
Montenegrin media reported that the Serbian electric power company (EPS) is interested in buying shares of the Montenegrin electric power company (EPCG) from the Italian A2A but the EPS is neither denying nor confirming the report. The media in Podgorica claim that the EPS intends to buy the 41.7% share of the EPCG owned by […]
Montenegro gets its power exchange, another step towards regional market
Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro, Montenegro Electricity Market Operator (COTEE) and Montenegrin Power Transmission System (CGES) signed yesterday an agreement on establishing Montenegro power exchange and the power exchange’s statute. The Minister of Economy of Montenegro Dragica Sekulić said that the establishment of the power exchange creates conditions for more competitive […]
Chinese AVIC-ENG to build hydropower plant on Drina river
The Government of the Republic of Srpska (RS) has approved signing of the Memorandum of cooperation with China National Aero-Technology International Engineering Corporation (AVIC-ENG) on the construction of hydropower plant (HPP) Buk Bijela on the river Drina in Bosnia and Herzegovina. The entity’s Minister of Industry, energy and mining Petar Đokić is authorized to sign the […]
Tomislav Ćorić new Croatian Minister of Environment and Energy
Former Croatian Minister of Labour and Pension System Tomislav Ćorić has been appointed Minister of Environment and Energy of Croatia. Croatian Parliament approved Ćorić’s appointment on June 9, together with six other ministers who were appointed after the formation of the new ruling coalition between Croatian Democratic Union (HDZ) and Croatian People’s Party (HNS). Ćorić […]
Additional European Commission funding approved for Croatian geothermal plant
The European Commission decided that Croatia’s first geothermal power plant can apply for additional funding along with existing financing to support the HR GEOc Geothermae project. The EC decision came after Croatian Euro MP Marijana Petir requested the additional funding and filed a detailed explanation for a geothermal plant in the Međimurje area of Croatia. […]
Tilos island project – switching to renewables, becoming energy independent #EUSEW2017 winner
Greek island of Tilos, near the island of Rhodes, is heading towards big change in its power supply system which will enable it to become truly green and energy sustainable using only wind and solar power. This summer the construction of a hybrid, renewable energy-based battery station and smart micro grid, the first ever in […]
GE Renewable Energy signs 10 year service agreement with Fina Enerji
The GE Renewable Energy company and Turkish Fina Enerji signed a full service agreement covering 150 GE wind turbines in nine wind farms. This is the first agreement of its kind signed by Fina and covers a 10 year period with a two year trial period for GE’s Digital Wind Farm solutions powered by the […]