Sokolac developing cogeneration on biomass with EBRD
Combined heat and power (CHP) project for Sokolac, supported by the Government of the Republic of Srpska, was presented in Jahorina mountain resort, Srna news agency carried. The European Bank for Reconstruction and Development financed the documentation for the pilot project within the Regional Energy Efficiency Programme (REEP), approved under the Western Balkans Investment Framework […]
Seabed mapped for Greece-Cyprus power interconnection
Research ship Odin Finder, registered in Italy, finished the reconnaisance mission for the suitable route in the project of submarine cable EuroAsia InterConnector, which is planned to connect Cyprus and Greece, In-Cyprus reported. The exploration and mapping along the 518 kilometres from Vasiliko in Cyprus to the Greek island of Crete and then to the […]
By 2035 smart grids to be financed with EUR 10 billion
Europe plans to invest EUR 400 billion in smart grids by 2050, while the estimate for Turkey is EUR 10 billion by 2035
Litostroj sold to Czech investors, beating Končar
Energo-Pro a. s. is taking over Slovenian turbine manufacturer Litostroj Power d. o. o. for EUR 23.5 million, ČIA News reported, quoting spokeswoman Hana Hikelová. Litostroj Power has posted net revenues exceeding EUR 32 million for last year. It signed contracts worth more than EUR 70 million, 58% being in Europe, 20% in America, 13% […]
SEEPEX launches Serbian Day-Ahead market
The South East European Power Exchange said it started the Serbian Day-Ahead market, with 1,925 MWh being traded on the first day. Baseload, the average price of all hourly prices of the day, came out at EUR 23.83 per MWh. The settlement was slightly below neighboring power markets with market operators OTE, OKTE and HUPX […]
EPS, KfW developing green energy together
Electric Power Industry of Serbia (EPS) is an important partner of KfW Development Bank in the frame of cooperation with the country, said Arne Gooss, director of the German financial institution’s Belgrade office. He added projects with the company have been ongoing for a decade. In an interview with magazine EPS Energija, he stated the […]
Cyprus, Israel mull models for boosting green energy
A power link between Cyprus, Israel and Greece called the EuroAsia Interconnector would improve the potential of Cyprus and Israel to further develop renewable energy sources (RES), said Eitan Parnass, director general and founder of the Green Energy Association of Israel and secretary of Global Solar Council. At a presentation about green energy and bilateral […]
SEEPEX to launch Serbian day-ahead electricity market
The South East European Power Exchange (SEEPEX) and its partners announced the launch of the Serbian day-ahead market for February 17, subject to member readiness. Member tests have been conducted and regulatory issues were about to be cleared. The aim is a power trading solution for Southeastern Europe. SEEPEX said it will foster the development […]
