Chinese CWE presents offer for construction of HPP Dabar to Republic of Srpska Government
China International Water & Electric Corporation (CWE) has presented an offer for the construction of the hydro power Dabar (HPP Dabar) in the Republic of Srpska (RS), which contains financial proposal for covering 85 percent of costs. The representatives of the Republic of Srpska and CWE signed in December 2015 the Memorandum of understanding for the […]
WB6 electricity report: Slow progress in establishing day-ahead markets and their coupling
The Western Balkan Six (WB6) countries have been progressing in developing their electricity markets at different pace, while the regional market is still to take shape, the Energy Community Secretariat assessed in its WB6 Electricity Monitoring Report. The report was presented at the WB6 Summit in Trieste on July 12. It analyses progress made at […]
Italians join WB6 initiative for energy market integration
The Italian Ministry of Economic Development has joined the Western Balkan 6 (WB6) regional electricity market integration initiative, becoming thus the thirteenth EU stakeholder to join, the Energy Community announced. The WB6 Memorandum of Understanding (MoU) on regional electricity market development was signed by Italian Minister of Economic Development Carlo Calenda on the occasion of […]
Bogdan Nicolae Badea appointed new general manager of Romanian Hidroelectrica
Former State Secretary at the Romanian Ministry of Energy Bogdan Nicolae Badea has been appointed a director of state-owned power producer Hidroelectrica. Badea was appointed manager of the Management Board by the Supervisory Board in the beginning of July. Two new members of the executive board were also appointed: Marian Bratu, former manager of the […]
All new Volvo models electrified as of 2019
The Volvo company announced that as of 2019 all of its new cars would have electric motors placing electrification at the core of future business and marking the end of cars that have only an internal combustion engine. The press release said that Volvo Cars will introduce a portfolio of electrified cars across its model […]
EU funds for Bosnian energy sector still pending in absence of energy strategy
Though announced for the end of June, energy strategy of Bosnia and Herzegovina for the period until 2035 has not yet been adopted. This means that the country is to remain in the same status of not being eligible for EU pre-accession IPA funds for the energy sector as well as for the energy infrastructure […]
Austrian Strabag withdraws from HPP Vranduk project in Bosnia and Herzegovina
Austrian Strabag AG has decided to withdraw from the project of construction of the hydropower plant Vranduk in Bosnia and Herzegovina, local and regional media reported. Member of the consortium which won the international tender for the construction of the HPP Vranduk, Croatian Končar – KET confirmed that Strabag has requested to increase the agreed price […]
10 hydro power plants to be privatized in Turkey during summer
Turkey has decided to privatize 10 hydro power plants (HPP) with total capacity of 256.4 MW, currently owned by the Electricity Generation Company (EUAS). The final offers for the state-owned hydro plants are to be submitted in August, according to the High Privatization Board (OYK) ‘s website, the Anadolu agency’s Energy terminal reported. Deadline for […]
