Greece to launch competitive solar, wind tenders on July 2
Greece has scheduled auctions for solar and wind capacity for July 2 as it readies to switch from the feed-in tariff model to the competitive tender process. A total of 300 MW of solar photovoltaic (PV) and 300 MW of wind capacity will be offered, according to a document on the Regulatory Authority for Energy’s […]
EPCG approves EUR 9 million investments in HPPs
The Board of Directors of power utility Elektroprivreda Crne Gore (EPCG) approved the overhaul of unit 2 of hydroelectric power plant (HPP) Piva and the revitalization of the HPP Perućica. These two projects are worth a total of EUR 9 million while the entire investments in the two HPPs are expected to reach EUR 40 […]
Slovenian – Croatian market coupling set for June 19
Croatian power exchange (CROPEX) and its Slovenian counterpart, BSP SouthPool, have announced they will merge on June 19 and join the rest of Europe through the Multi-regional Coupling (MRC) project. The launch is the finalization of day-ahead market coupling implementations on Slovenian borders and first implementation of implicit allocation for Croatian bidding zone, which will […]
Romania to introduce subsidy scheme modeled on CfD for all low-carbon energy producers
Romania’s low-carbon energy producers stand to receive state funding under a mechanism such as contracts for difference (CfD) if the price of electricity on the market slips below a certain level, the Romanian media reported, citing Doru Visan, state secretary at the Ministry of Energy. “The Ministry of Energy is considering promoting a mechanism such […]
Turkey sets roadmap to smart grids, plan worth over EUR 4 billion
Turkey plans to replace at least 80 percent of its current electricity meters with smart meters by 2035. It will cost EUR 4,3 billion (TRY 21 billion). Turkey’s Energy Market Regulatory Authority (EMRA) and Association of Distribution System Operators (ELDER) set a plan for this transition. The main goal is to ensure the provision of […]
Energy minister inaugurates RENEXPO: We are witnessing change in Serbia’s energy mix
Minister of Mining and Energy Aleksandar Antić inaugurated the fifth international fair and conference RENEXPO 2018 – WATER and ENERGY at the Belexpo Center in Belgrade, which gathered more than 80 exhibitors. During the three-day event, with Germany as the official partner country and the Netherlands and Israel providing support, international conferences on renewable energy, […]
Republika Srpska’s ERS management board resignation over record losses accepted
The supervisory board of Elektroprivreda Republike Srpske (ERS) accepted the resignations of the ERS management board and appointed new members. Radmila Čičković is new acting director of the ERS. The management board – acting director Željko Kovačević, his deputy Branislav Milekić, and members Maksim Skoko, Blagoje Šupić and Nenad Radović – resigned over losses which […]
Fintel Energija decides to raise up to EUR 27.5 million through IPO
Fintel Energija’s shareholders have reached a decision on a RDS 3.5 billion (EUR 27.5 million) capital increase through the initial public offer (IPO) the renewable energy company plans on the Belgrade Stock Exchange. The IPO is to be carried out through a listing on the prime segment of the Serbian stock exchange’s regulated market. “The […]