Canadian company abandoned Brodarevo hydro project in Serbia
Canada-based Reservoir Capital have decided to abandon Brodarevo hydro project which included two hydropower plants (HPPs) Brodarevo 1 and Brodarevo 2 on Lim river in Southwest Serbia, with installed capacity of 59 MW. The decision comes after a decade-long development of the EUR 150 million project. Reservoir Capital announced that its wholly owned Serbian subsidiary, […]
HPP Zvornik’s green electricity generation hits daily record as capacity is increased by 15 MW
Two revitalized units of hydroelectric power plant (HPP) Zvornik have been officially put into operation, in what increased the plant’s installed capacity by 15 MW and its life expectancy by 40 years. The well-executed overhaul was demonstrated by the fact that on the first day of the modernized A2 unit’s test run, Zvornik reported a […]
Energy Community endorsed five new pieces of acquis in gas and electricity
The Energy Community Permanent High Level Group has formally adopted two new pieces of acquis in gas and three in electricity. Network Codes and Guidelines are technical rules developed based on the Third Energy Package aimed at setting common rules on secure system operation, market integration and market functioning. The Permanent High Level Group has […]
Montenegro will not issue new energy license in 2018
The Ministry of Economy of Montenegro did not foresee issuing energy permits in 2018. The reason is that Montenegro is already close to reaching the national target of 33 percent of the produced energy from renewable energy sources (RES). The Government of Montenegro recently adopted the Energy Licensing Plan in 2018, which did not foresee […]
Energy Community initiates dispute settlement procedures, three Contracting Parties failed to unbundle DSOs
The Energy Community Secretariat opened preliminary dispute settlement procedures against Albania, Bosnia Herzegovina and Ukraine for the failure to fulfill their obligations under the Energy Community Treaty to legally and functionally unbundle national electricity distribution system operators (DSO). “The Energy Community Secretariat initiated ex officio preliminary dispute settlement procedures against Albania, BiH, and Ukraine for […]
Greek PPC says it is close to acquire leading electricity trading company in FYROM
Public Power Corporation (PPC), the Greek national power generation company, has announced that it is close to a deal for the acquisition of Energy Delivery Solutions (EDS), the leading electricity trading company in Former Yugoslav Republic of Macedonia (FYROM). In its statement, PPC said that this initiative comes within the framework of its business strategic […]
Coal-fired power plant Tuzla invested EUR 125 million in ecological projects
Thermal Power Plant (TPP) Tuzla has invested EUR 125 million into ecological projects from 1996 to date. Total investment in the past year amounted to EUR 4.4 million, of which EUR 1.1 million or nearly 25% for environmental projects. “The result of upgrading electro-filter facilities, installing pneumatic ash transport, cooling tower’s overhaul, closing the return […]
Construction of HPP Buk Bijela on Drina river starts in 2018
Construction of the 93.52 MW hydropower plant (HPP) Buk Bijela is expected to start this year. It will be fully owned by the power utility Elektroprivreda Republike Srpske (ERS). The investment is estimated at BAM 400 million (EUR 200 million), announced Petar Đokić, Minister of Industry, Energy, and Mining of Republika Srpska (RS). The first […]
