A2A prolonged contract for another two months
Italian minority stakeholder in national electric power industry EPCG (Elektroprivreda Crne Gore AD Nikšić) agreed with the state government to prolong the contract for another two months, after three similar interim deals from early April. The partnership dates back to 2009, and A2A said negotiations about the future ownership structure are continuing, according to a […]
Phantom energy companies drain government funds
Thermal power plant operators AES and ContourGlobal, alongside renewable energy sources, will remain the primary sources in the energy mix of Bulgaria, a recent document shows. The latest pricing changes show that AES’s Maritsa Iztok-1 and ContourGlobal’s Maritsa Iztok-3 set their share in the system at 20% and 25.2%, respectively, 3e-news.net reported. Meanwhile, according to […]
Draft energy law sent to parliament for adoption
The Government of Montenegro said it approved the Bill on Energy and that the document enables electricity market’s development and creates preconditions for gas market’s development. New regulations, harmonized with EU directives, are aimed at improving the business environment for investing in the construction of energy facilities, the official website said. The bill, prescribes conditions […]
Svilosa paper mill investing in cogeneration
Planned power and heat generation in paper producer Svilosa AD will be able to burn biomass produced by the waste water treatment plant of the nearby town of Svishtov, on the Danube, Publics.bg reported. The Bulgarian company will invest EUR 30 million in cogeneration. The mill will also be boasting a new substation which should […]
Romania interested in exporting power to Serbia
During his visit to Serbia on July 16, Romania’s president Klaus Iohannis said his country is interested in exporting electricity to Southeastern Europe’s markets, including Serbia. The exports could be made through specialized companies that operate on the two markets, he added after meeting his Serbian counterpart Tomislav Nikolić, Business Insider reported. Romania and Serbia […]
Seepex aims launch of day-ahead market by end-November
Operator of electric power exchange for Serbia and Southeastern Europe was signed up at the Business Registers Agency, state-owned electricity grid operator EMS said. Regulation and application procedure for future members will be known by the end of August, and the system’s testing is scheduled for September, the press release said. South Eastern European Power […]
Investments of EUR 30 billion needed in energy sector
Government of Romania has extended the implementation period for the „District Heating – Warmth and Comfort 2006–2015” programme until 2020. It includes various investments in the generation, transmission and distribution of thermal energy. A total amount of EUR 480 million was allocated, Romania Insider reported. However, only EUR 95 million have been used so far. […]
Construction of EUR 1.5 million substation begins
Power enterprise Elektroprivreda Crne Gore AD Nikšić (EPCG) said it started the EUR 1.5 million worth construction of 35/10 kV Popovići substation in the southern town of Bar, after a rise in the number of customers by 40% in the last decade, and an increase in consumption, especially during the tourist season. Saša Milovanović, manager […]
