Ministers on region’s energy transition: Countries have right to choose their own energy mix

Energy, economy, and foreign ministers of Bulgaria, Hungary, Montenegro, Romania, Republika Srpska (an entity of Bosnia and Herzegovina), and Serbia believe that energy knows no borders, which requires regional cooperation, while they are adamant that every country has the right to determine its own energy mix. According to the ministers, who spoke at the Summit […]

Schneider Electric eyeing Greece’s EUR 1.5 billion smart meter project

Schneider Electric has contacted the Hellenic Electricity Distribution Network Operator (HEDNO) to express interest in the replacement of around 7.5 million conventional electricity meters with smart meters, Kathimerini English Edition has reported. The project to replace conventional electricity meters with smart meters, implemented by HEDNO, whose Greek acronym is DEDDIE, is worth EUR 1.5 billion, […]

European Commission: Albania should urgently diversify away from hydropower, properly conduct environmental assessments

Albania is moderately prepared in the area of energy, according to the European Commission’s latest report on the country’s alignment with the EU acquis. Albania’s national energy strategy 2018-2030 has been adopted, the Chapter 15 section of the report notes. However, the country has delayed electricity market reforms and should accelerate implementation of the connectivity […]

Framework agreement signed for 2,000 MW EuroAfrica Interconnector between Egypt, Cyprus, Greece

The Egyptian Electricity Transmission Company and Nicosia-based EuroAfrica Interconnector Limited have signed a framework agreement for the construction of the 1,707-km subsea EuroAfrica Interconnector cable which will connect Egypt, Cyprus, and Greece, the promoter of the project, EuroAfrica Interconnector Limited, said in a press release. The agreement was signed by EuroAfrica Interconnector Limited CEO Nasos […]