Ahmetaj: In 10-15 years, Albania won’t need power imports
On the second day of Albania Oil, Gas and Energy 2015 Summit in Tirana, minister of economic development, trade, entrepreneurship and tourism, Arben Ahmetaj, stressed in a speech that the reforms undertaken by the country’s government in the energy sector have had positive effect on the economy and that the main goals are the reduction […]
Vienna Forum on European Energy Law unites leading energy experts
The 3rd Vienna Forum on European Energy Law took place at the premises of the Energy Community Secretariat on March 13. The forum, which is a joint initiative between the Florence School of Regulation and the Energy Community Secretariat, brought together over 140 experts from energy companies, regulators, governments, academia and legal firms. The motto […]
Elektroprivreda BiH’s 2014 profit 11.6 times lower year on year
Power producer and distributor JP Elektroprivreda BiH d. d. said its last year’s profit was BAM 3.2 million (EUR 1.64 million), in comparison to BAM 37 million from 2013. In a filing to the Sarajevo Stock Exchange, the company said it earned BAM 952 million last year, 29 million less than in 2013. CEO Elvedin […]
IMF’s 15 percent electricity price hike requirement in agreement with the state
The head of the International Monetary Fund’s mission to Serbia Zuzana Murgašová said 15 percent electricity price hike was part of the agreement with the government, as stated in a memorandum which the country submitted before the deal was closed, Balkans.com quoted reports by Serbian media. Asked by Tanjug how she sees the fact that […]
EU eyes creation of energy partnership with Turkey
The European Commission (EC) said it intends to establish an energy policy partnership with Turkey, Anadolu Agency reported. A stronger and more united EU can engage more constructively with its partners, to their mutual benefit, EC’s statement said. The body announced the Energy Union Package in Brussels on February 25, which calls for greater coordination […]
Smart energy solutions on the agenda at Cyprus conference
Experts discussed smart solutions to energy challenges in Cyprus on March 10, at a high-level conference in Nicosia, European Bank for Reconstruction and Development (EBRD) said. The conference – Smart sustainable energy: International experience and Cyprus – was organised by the Cypriot Ministry of Energy and Industry, the European Commission (through the Support Group for […]
First meeting of Kosovo*‒Albania Committee for Common Market
Both Kosovo* and Albania are aware of the importance of the agreement on the establishment of a common market for the energy sector, which is essential element and a prerequisite for economic development of both countries, said Blerand Stavileci (right), Kosovo’s* minister of economic development. He made these comments on March 10 in a joint […]
Renewable power producers’ capacity rises to 516 MW
Subsidies provided by the Slovenian government to green power producers rose by 10 % on the year to EUR 130.88 million in 2014, according to electricity market operator Borzen’s data, SeeNews portal reported. Slovenia’s electricity feed-in support scheme for renewable energy sources and high-efficiency cogeneration (CHP) power plants included 3,767 power plants with a combined […]