EPS reports net loss of EUR 11 million in 2018
State-owned power utility Elektroprivreda Srbije (EPS) made a net loss of RSD 1.3 billion (around EUR 11 million) in 2018, according to the business report of the EPS Group for 2018. A year earlier, the company reported a net profit of around RSD 6.3 billion (around EUR 53 million). EPS posted a pre-tax profit of […]
TENDERING: Study on economic impact of climate change on Trebišnjica hydrosystem
The United Nations Development Programme (UNDP) in Bosnia and Herzegovina has launched tendering for the development of study on the economic impact of climate change on the hydropower sector in Republika Srpska – the multipurpose hydrosystem Trebišnjica. The deadline to file bid expires on July 25. The UNDP in BiH is implementing the National Adaptation […]
Submarine power cable promotes Montenegro as energy hub for Balkans – Ferraris
The Montenegro-Italy submarine power cable has been deployed under an investment that will enable Montenegro to become an energy hub for the Balkan countries, said Terna CEO Luigi Ferraris, adding that the commencement of commercial use is planned by the end of the year. On the occasion of the successful completion of the 445-kilometer submarine […]
Electrica interested in CEZ assets in Romania – CEO
Romania’s state-owned power distribution and supply company Electrica is interested in buying the assets owned by Czech energy company CEZ in Romania, once they are put up for sale, Electrica CEO Georgeta Corina Popescu has said in an interview with Agerpres, Romania Insider reported. In addition to eyeing CEZ’s assets in Romania, Electrica is also considering […]
Republika Srpska to adopt new renewables incentive schemes by end-2019
Republika Srpska plans to introduce auctions for the construction of hydropower and solar power plants, as well as to continue using its power generation resources, including small and large hydropower plants and lignite-fired power plants. In an interview with Balkan Green Energy News, Petar Đokić, Minister of Energy and Mining of Republika Srpska, says that […]
Miodrag Čanović remains Chairman of CEDIS Board of Directors
Miodrag Čanović will remain Chairman of the Board of Directors of Montenegrin distribution system operator (DSO) Crnogorski elektrodistributivni sistem (CEDIS). Čanović has been chairman of CEDIS’ Board since 2016. At its first session, the new CEDIS Board of Directors decided to appoint Miodrag Čanović as Chairman of the Board of Directors, CEDIS said on its […]
wpd sets up JV to develop Krmpote wind farm of up to 90 MW
Bremen-based wpd europe and Rijeka-based Tekol Teri have set up VE Krmpote, a joint venture to develop a wind farm on the Ruševo-Krmpotsko location near Novi Vinodolski, wpd said in a press release. The value of the investment is estimated at more than EUR 120 million. The Krmpote wind farm will have an installed capacity […]
Complaint submitted to EnC against North Macedonia over small hydropower plants
Environmental groups Eko-Svest and CEE Bankwatch Network have filed a complaint to the Energy Community (EnC) Secretariat over North Macedonia’s redesigned renewable energy incentives scheme which they say is unfairly favoring small hydropower plants (SHPPs). As of February, North Macedonia’s renewable energy incentives system subjects solar photovoltaic (PV) producers and most wind producers, but not […]
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