Turkey preparing to join global leaders in energy storage
The Turkish Energy Market Regulatory Authority (EMRA) has announced a Draft Regulation on Electricity Storage Activities, based on the Electricity Market Law. Attorneys-at-law of CMS in Turkey explain the implications and the planned regulation’s contribution to advancing the country’s sustainable energy strategy. Scope of the Draft Regulation The Draft Regulation will set out the principles and […]
Serbia’s power utility EPS gets four mobile substations thanks to EU donation
Serbia’s state power utility Elektroprivreda Srbije (EPS) has received four mobile substations thanks to the EU’s donation, in what will improve reaction in emergency situations such as floods and wildfires. Since 2014, the EU has donated EUR 72 million for flood relief and recovery in Serbia, making it the country’s single largest donor. Five years […]
CROPEX to organize auctions for purchase of energy to cover grid losses
On May 6, the Croatian Power Exchange (CROPEX) will organize auctions for the purchase of energy to cover transmission system losses in the years 2020, 2021 and 2022 via the CROPEX trading platform. This was agreed between Croatian transmission system operator (TSO) Hrvatski operator prenosnog sistema (HOPS) and CROPEX. The application for participation in the […]
Bulgaria: the drive for full liberalization of the energy market and the upcoming changes
Authors: Dimitar Zwiatkow (Partner), Maria Harizanova (Associate), at Pavlov and Partners Law Firm in cooperation with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH The electricity market in Bulgaria is undergoing certain major changes, including the introduction of new rules for renewable energy producers, the abolition of the electricity export tariff, and market coupling projects, which will also affect the […]
International community, BiH officials adopt Joint Statement on energy sector reforms
Prime Ministers of the two entities of Bosnia and Herzegovina, Radovan Višković and Fadil Novalić, and BiH Minister for Foreign Trade and Economic Relations Mirko Šarović have agreed to harmonize their positions and support the adoption of the state Law on Electricity and Gas over the next three months. The deal and a joint statement […]
ERS to build 1,000 MW renewable energy power plants over next 10 years
Public power utility Elektroprivreda Republike Srpske (ERS) aims to invest EUR 1.25 billion in 1,000-MW renewable energy power plants over the next 10 years, said ERS general manager Luka Petrović. As the company has an enormous potential to use renewables, the ERS strategy is to build 1,000 MW renewable energy power plants over the next […]
Čibuk 1, Serbia’s largest wind farm, fully constructed
Construction has been completed on the 158 MW Čibuk 1, Serbia’s largest wind farm, according to a news release from one of the financial institutions that approved a loan for the project. The wind farm has started trial production. Čibuk 1, with 57 wind turbines, “is fully constructed,” reads a news release from the European […]
Concession agreement signed for 49.5 MW Grebak wind farm
Republika Srpska, an entity of Bosnia and Herzegovina, has signed an agreement with Nevesinje-registered VE Grebak on a concession to build and operate the Grebak wind farm with an installed capacity of 49.5 MW, according to a press release from the entity’s government. The Republika Srpska government awarded the concession to the company to build […]