PPC, EPCG get EUR 210 million in loans to absorb coronavirus challenges
State-owned power utilities from Greece and Montenegro – Public Power Corporation (PPC) and Elektroprivreda Crne Gore (EPCG), have secured loans in the amount of EUR 210 million to absorb the challenges presented by the coronavirus pandemic. The loans, approved by the European Bank for Reconstruction and Development (EBRD), will enable the companies to continue to […]
Croatia announces public call for renewable energy premiums
The Croatian Energy Market Operator (HROTE) has announced an auction for the award of premiums and guaranteed purchase prices for electricity from renewable sources. The public call refers to solar power plants (50 MW), small hydropower plants (9 MW), as well as biogas (15 MW) and biomass (14 MW) power plants with a total capacity […]
Most read in July: Energy democracy coming to Southeastern Europe
The wave of energy democracy in the region is slowly strengthening. The story on citizens in Greece joining hands to speed up energy transition was the most read article in July on the English language version of Balkan Green Energy News. The list is also available for the Serbian language version of the website (Najčitanije […]
Southeast Electricity Network Coordination Center opens in Thessaloniki
Four transmission system operators founded a regional security coordinator for security analysis in operational planning, for adequacy forecasts, grid modeling and outage planning. The Southeast Electricity Network Coordination Center is based in Thessaloniki in Greece. Greece’s Independent Power Transmission Operator (IPTO or Admie), Italy’s Terna, Romania’s Transelectrica and Bulgaria’s ESO-EAD announced they established the Southeast Electricity […]
EU preparing CO2 tax for products from other countries
The European Commission launched public consultations on taxation rules that would help its climate agenda. It expressed the intention to revise the internal Energy Tax Directive and to introduce a carbon border adjustment mechanism in line with the European Green Deal. The latter, effectively a CO2 tax, could be applied for imported and domestic goods […]
1,700 MW of renewables could be connected to grid in BiH
The Independent System Operator in Bosnia and Herzegovina (NOSBiH) has proposed an increase in the maximum capacity of wind farms and solar power plants that could be connected to the BiH power system. It should be lifted from 460 MW to 840 MW for wind farms and from 400 MW to 825 MW for solar […]
Energy companies in Montenegro to invest EUR 734 million by 2024, EUR 1 billion in total
Energy companies in Montenegro plan to invest more than EUR 1 billion, of which EUR 734.6 million in the next four years, according to the third socio-economic package, adopted by the government to mitigate the coronavirus pandemic effects. The largest part of these investments will be implemented by state-owned companies Elektroprivreda Crne Gore (EPCG), Crnogorski […]
CROPEX gets record price for guarantees of origin – EUR 1.52
Croatian power exchange CROPEX has sold the entire amount of 320,232 guarantees of origin (GOs) from wind and biomass plants that are privileged power producers and receive incentives. The auctions saw the highest price for guarantees this year – EUR 1.52, for guarantees from biomass. At the last auctions, in May, CROPEX sold 356,253 guarantees […]