NGOs file lawsuits against small hydropower plants on Neretva, Neretvica rivers
Non-governmental organizations have filed or drafted lawsuits against the competent ministries in the Federation of BiH and the Republic of Srpska, the entities comprising Bosnia and Herzegovina (BiH), for non-compliance with law in the procedure of approving the construction of five small hydropower plants (SHPPs). BiH also made news a few weeks ago when, despite […]
GEN-I reports record net profit of EUR 15.3 million in 2019
GEN-I Group has reported a record net profit of EUR 15.3 million for 2019. Its electricity sales also reached an all time high – 83.4 TWh. Net profit increased by 18.4% on an annual basis while the value of power it sold increased by 6.7%, the energy firm’s annual report 2019 reads. The company has […]
Albania changes law to continue restructuring of OSHEE, OST
The Parliament of Albania has adopted changes to the law on the electricity sector to continue restructuring state-owned companies – transmission system operator (TSO) OST, and power supplier and distribution system operator (DSO) OSHEE. According to Albania’s minister of infrastructure and energy Belinda Balluku, the vote was another step in changing legislation to match EU […]
Turkey to schedule 1 GW solar tender for third quarter
Turkey plans to complete the tendering procedure for 1 GW in solar power in the next quarter, Turkey’s Minister of Energy and Natural Resources Fatih Dönmez said during the online Turkey Energy Summit. The tendering procedure was first planned for January 2019, but it was later pushed back to April of this year, and then […]
Households in UK are earning money by consuming green electricity
The rise in the share of renewables in the system requires more flexibility to keep the grid in balance. This spring the energy system in the UK was occasionally challenged by the fall in consumption due to COVID-19 and increased production in solar and wind power plants. In order to help overcome the issue, supply […]
Households in Kosovo*, Serbia have cheapest electricity in Europe
Kosovo* has the lowest gross tariffs for power for households and only Malta has a smaller share of taxes and levies for electricity in whole Europe. Turkey reported the biggest jump in power prices for the second half of 2019 in the continent on an annual basis. The regular semiannual statistical report has shown retail […]
ELES preparing auction to buy power for covering losses through 2023
ELES is receiving suppliers’ applications for baseload products of 10 MW for next year and 11 MW for both 2022 and 2023 to cover losses in electricity. Slovenia’s transmission system operator or TSO said interested parties can submit auction documents by June 3. ELES doo issued a public call for an auction to buy energy […]
Region gets EU support to wrap up just transition plans
The European Commission has approved all requests made by 18 member states including Bulgaria, Croatia, Cyprus, Greece, and Romania, for support in the preparation of their territorial just transition plans, which each country will have to draw up to get access to funding from the Just Transition Mechanism. The Just Transition Mechanism is part of […]