Romania temporarily prohibits sale of majority stakes in energy companies
Romania will maintain the state of emergency for at least one more month and until it is abolished, no energy firm can be taken over. Hidroelectrica will thus need to wait longer for its acquisition of ČEZ’s subsidiaries in the country. The state of emergency has been extended for a month, to May 14. Just before […]
Electricity prices to dive 30% in the region – analyst
Electricity prices in the region could fall 30%, said Nickolay Kiskinov, managing partner at Bulgaria-based Vladimirov Kiskinov Attorneys-at-law. The current electricity prices at the power exchange in Bulgaria are mostly similar to those in the European western markets where, after the initial collapse, prospects are beginning to change due to expectations of economic recovery, he said […]
Renewable energy prices rebounded 10% after collapse in March
Renewable energy prices across Europe have recovered after a 15-30% fall in March and rebounded 10% in April. Prices took a substantial hit at the beginning of March, falling between 15-30% across key markets compared to average prices in February, but have largely recovered from March lows, said Pexapark, the provider of advisory services for clean […]
Megajoule Adria to conduct wind resource assessment for Poklečani wind farm
Power utility Elektroprivreda Hrvatske Zajednice Herceg Bosne (EPHZHB) has selected Zagreb-based Megajoule Adria to prepare a study on a wind resource assessment for the Poklečani wind farm. According to the EPHZHB, Megajoule Adria has offered to conduct a wind resource assessment for BAM 12,500 (about EUR 6,400). A public invitation to prepare the study was launched […]
TENDERING: Mesihovina wind farm maintenance
Public power utility Elektroprivreda Hrvatske Zajednice Herceg Bosne (EPHZHB) has launched a tender for the maintenance of the Mesihovina wind farm, the first such facility in Bosnia and Herzegovina. The deadline for the submission of bids is May 27, according to the public procurement notice. The municipality of Tomislavgrad is defined as the destination for […]
Serbia doubles renewable energy production in 2019
Total electricity production under Serbia’s subsidy scheme for privileged power producers, mainly from renewables, doubled last year from 638 GWh to 1,361 GWh. According to the report produced by the state-owned Electric Power Industry of Serbia (EPS), in 2018 privileged and temporary privileged producers generated the most of electricity in hydropower plants, in wind farms […]
Siemens, Uniper exploring green hydrogen use in gas infrastructure
Siemens and Uniper broadened cooperation with so-called brownfield transformation, aimed at decarbonizing energy facilities with hydrogen from renewable sources. Excess wind power could be utilized for electrolysis. Uniper SE and Siemens Gas and Power agreed to work on decarbonization in electricity production and develop coupling solutions, all with the help of the emerging hydrogen technology. […]
UPDATE: North Macedonia extends deadline to apply for concession for HPP Čebren of 333 MW
The Government of North Macedonia has extended the deadline for applications in a procedure for granting a water concession for the construction of the Čebren hydropower plant (HPP) on the river Crna and the operation of existing HPP Tikveš. The initial deadline was April 3. It was extended by the Ministry of Environment and Physical […]