New energy in new world at Belgrade Fair
The 12th International Energy Fair and 13th International Trade Fair for Environmental Protection and Natural Resources – EcoFair, will be held at the Belgrade Fair from October 12 to October 14. The business and educational slogan is unchanged – New Energy. The concept is to connect electricity plants, hydroelectric units, power grids and distribution, gas, oil, renewable and non-renewable […]
Only five green power units added this year
According to fresh data from the Energy Agency of the Republic of Macedonia, power plants that use renewable sources, excluding large hydropower, have total capacity of 117.8 MW, a comparably small share of total electricity generation, portal Build.mk reported. The 168 renewables units are equivalent to only one thermal power plant, TEC Oslomej in Kičevo, […]
Power monopoly EAC to split into two on December 1
The accounts and operations units of the national power utility will start the separation on December 1, Andreas Poulikkas, chairman of the Cyprus Energy Regulatory Authority (CERA), said last week. The Cyprus Electricity Authority (EAC) is in the final stages of preparation for for the split, he added after presenting the company’s report for last […]
Kočani municipality first to buy electricity on free market
From October 1, company Energy Delivery Solution (EDS) d.o.o. will supply the Municipality of Kočani with electricity, news agency MIA reported. he distributor has been selected in tender procedure because it provided the most favourable conditions for electricity supply, according to the article the on municipal website. Calculated with offered prices, the local government expects […]
Terna eyes value of Admie’s submarine cable project
Terna Group, one of three investors interested in acquiring a stake in Independent Power Transmission Operator SA (IPTO or Admie), is focusing on the undersea interconnection planned to link Crete with the Greek mainland, Energy Press portal reported. National utility Public Power Corporation SA (PPC) is offering a share of 24% in its subsidiary, with […]
HEP books rise in profit in six months through June
Unaudited financial reports for the first half of the year showed Croatian government-owned power utility HEP Group’s unconsolidated net profit climbed to HRK 1.22 billion (EUR 163 million) from EUR 126 million in the equivalent period of 2015, due to higher financial income and lower operating expenses. Investments jumped 72.5% to EUR 23.3 million. They […]
Italy supports Western Balkan 6 day-ahead market integration
Italian national energy regulator Autoritá per l’energia elettrica, il gas e il sistema idrico has joined the Western Balkan 6 day-ahead market integration and cross- border balancing initiative. That is the first EU stakeholder in the project announced Energy Community on its website. Italian state energy regulator signed the Memorandum of Understanding (MoU) on Regional […]
Montenegro inks shareholders agreement with A2A
Minister of economy Vladimir Kavarić, on behalf of the Government of Montenegro, and Oreste Bramanti, on behalf of Italian company A2A SpA, signed the new shareholders agreement for the Electric Power Company of Montenegro (EPCG) on August 29. The new document will be in force until December 31, the government stated on its website. Previously, […]
