Sekulić: Montenegro takes steps towards establishing power exchange
Three leading companies in the Montenegrin power system have taken steps towards establishing a power exchange in the country, Minister of Economy of Montenegro Dragica Sekulic announced. Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro, Montenegro Electricity Market Operator (COTEE) and Montenegrin Power Transmission System (CGES), as founders, have already undertaken certain activities in […]
SEEED 2017 – IENE regional conference in Belgrade – need for further cooperation
IENE’s tenth edition of Energy Dialogue, SE Europe Energy Dialogue, will be organized in Belgrade on June 13-14, Metropol hotel. This year’s Energy Dialogue comes at a time when momentous global developments are taking place with profound implications for the region’s energy situation, says the message of IENE, that has been successfully organizing these conferences ever since […]
Bosnia and Herzegovina plans to establish power exchange soon
Power exchange could be established soon in Bosnia and Herzegovina, Independent System Operator (NSO) of Bosnia and Herzegovina announced. This step is a prerequisite for the development of a functional electricity market in the country and it is an important step towards connecting with neighboring markets. The plan is to set up a project company […]
EPCG joining SEEPEX later this year just the first step in further integration with other power markets
Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro is currently preparing paper work to become member of SEEPEX, licensed Serbian power market operator. CEO of SEEPEX Miloš Mladenović sees this move as mutually beneficial, one which will provide EPCG with safe and stable energy trading platform, along with increased regional presence and improved […]
Soon auctions for solar power project in Albania with support of EBRD
Albania’s Minister of Energy and Industry, Damian Gjiknuri and EBRD Head of Albania, Matteo Colangeli signed a Memorandum of Understanding (MoU) in the capital Tirana with the goal to stimulate investments in solar power generation in the country. The arrangement will facilitate development of projects in Albania through an auction-based system, in accordance with international best […]
Strabag and Končar late in delivering project documentation for HPP Vranduk
Construction works on Vranduk hydropower plant (HPP Vranduk) have been stalled. According to local media reports, the consortium comprising Austrian Strabag and Croatian Končar has delayed in delivering project documentation while trying to revise upwards the cost of the project, proposal to which the supervisory body was reluctant. The project of state power utility EPBiH […]
World Bank suggesting strategic partner for EPS, Branko Kovačević: that is not good idea
Tony Verheijen, Country Manager of the World Bank in Serbia said that privatization of Electric Power Industry (EPS) would be too complicated, which is the reason for the government to possibly consider strategic know-how partnership for this state power utility. However, Branko Kovačević, President of EPS Supervisory Board thinks that is not a good idea. Verheijen: […]
ELEM to expand its Bogdanci wind farm for additional 13.8 MW
It took only 16 wind turbines to cover about 2 percent of Macedonia’s production of electricity, so plans are underway for further expansion of wind power projects. Standing tall on the hills just east of the major border crossing between Macedonia and Greece, greeting the travelers on the E-75, are the only 16 wind turbines […]