Slovenia, Bulgaria receive EUR 76 million in EU financing for cross-border power lines
EU Member States have approved EUR 48.2 million in aid under the Connecting Europe Facility (CEF) to Slovenian transmission system operator (TSO) ELES for the construction of the first power line between Slovenia and Hungary, as well as EUR 28.6 million to Bulgarian TSO ESO for the construction of the power line between Bulgaria and […]
New energy minister assumes office, OST general manager resigns
Belinda Balluku, niece of a former high-level communist politician, is the new minister of infrastructure and energy in the Albanian government, and one of her first moves was to request the resignation of Albanian transmission system operator OST general manager Klodian Gradeci. According to portal Exit.al, Gradeci resigned today. The new minister requested Gradeci’s removal in […]
Applications open for fourth Energy Community Summer School
The Energy Community Secretariat has launched the call for applications for the fourth Energy Community Summer School. The deadline is March 31, with 40 applicants to be selected for this year’s edition in Krakow, Poland. This year’s Summer School will take place from August 24 to August 31, 2019 at the Jagiellonian University and AGH […]
EPS, Siloviye Mashiny sign agreement on HPP Đerdap 2 revitalization
Public power utility Elektroprivreda Srbije (EPS) and Russia’s Siloviye Mashiny have signed an agreement on the overhaul of the Đerdap 2 hydropower plant (HPP), which would increase its capacity. During Russian President Vladimir Putin’s to Serbia, the two countries’ officials signed two memoranda, on cooperation in the electricity sector and on cooperation in the development […]
Massive hike in electricity prices prompts state measures in Bulgaria
Three subsidiaries of state-owned power utility Bulgarian Energy Holding EAD (BEH) will provide an additional amount of electricity on the day-ahead market (DAM) of the Independent Bulgarian Energy Exchange (IBEX) in order to stabilize the market. According to local media, the DAM prices increased 50% in December 2018 compared to December 2017, skyrocketing 200% year-on-year in […]
EIB launches public consultation on its energy lending policy
The European Investment Bank (EIB), one of the largest financiers of global energy infrastructure, has launched a new public consultation on financial and advisory support for the sector, to strengthen the impact of its future energy lending, according to a press release from the EU lender. Over the next three months, the EIB will engage […]
How is Balkan region progressing on energy and climate plans?
Bulgaria, Cyprus, and Greece are among 7 EU member states that failed to submit drafts of their National Energy and Climate Plans (NECPs) to the European Commission by the December 31, 2018 deadline. In the region, Romania, Slovenia, and Croatia have officially published their draft plans, while Albania, Macedonia, Montenegro, Kosovo*, Serbia, and Bosnia and […]
MITEF Greece Startup Competition introduces Energy and Mobility Track
The deadline to file entries for the MIT Enterprise Forum (MITEF) Greece Startup Competition, which this year introduces the Energy and Mobility track, is January 31. The MITEF Greece Startup Competition is a business skills accelerating competition in which Greek technology startups compete for prizes and international brand recognition. This year MIT Enterprise Forum Greece, part […]