Electricity bills cut, green energy surplus growing
The decrease in value-added tax and distribution tariffs led to a reduction of electricity bills, estimated at 8% on average, energy minister Victor Grigorescu said on Antena 3 TV. The tax was cut as of January 1 from 24% to 20%. The Energy Regulatory Authority (ANRE) of Romania cut the tariffs by an average of […]
Foča assembly has little power over small hydro
The opposition in a town in southeastern Bosnia and Herzegovina is asking for a special session of the local parliament. At a regular meeting, Radisav Mašić, chief of the Municipality of Foča, read information on the plans and development of 14 small hydropower plants on the rivers Ćehotina, Govza, Bistrica, Oteša, Krupica, Jabušnica, Sutjeska i […]
Energy development stands above politics
Countries in the region, and generally in Europe, have strained budgets because of economic and political difficulties, so investments in green energy can be spurred through public–private partnership, Aleksandra Tomić, President of the Committee on Economy, Regional Development, Trade, Tourism and Energy at the National Assembly of Republic Serbia, told Balkan Green Energy News. She […]
PPC eligible for compensation from Admie’s split
The agreement for Independent Power Transmission Operator (Admie SA) clearly states the need for the Public Power Corporation SA (PPC) to be compensated, according to the environment and energy minister Panos Skourletis, who gave an interview to newspaper Agora, Greek Reporter said. “We have agreed for an independent appraiser to determine the exact amount of […]
ELES joins Japanese–Slovenian smart grids project
Within the framework of the partnership between Japan and Slovenia, ELES hosted Masaaki Nomoto, senior representative of Japanese company Hitachi. Chief executive Aleksander Mervar and the management team spoke about the project on smart grids and smart communities with the guests. They established that the project has a very important role in the development of […]
PCIs to place Cyprus on Energy Union map
The prospects of terminating energy isolation through the creation of an energy union, together with its potential impact on enhancing energy security and contributing to lower energy costs for consumers were discussed during a seminar at the EU House in Nicosia, Financial Mirror reported. Already, three projects for Cyprus – a subsea cable and two […]
Support payments rise 9% on 4% increase of output
At the end of September the feed-in system included 3,915 power plants with a combined installed capacity of 428 MW, Slovenian power market operator Borzen said. The trend of rising support payments continues in the first nine months of this year, according to the company’s report. Total electricity production within the support system increased by […]
High power prices may result in 100,000 job cuts
Deputy chairman of the Bulgarian Industrial Association Kamen Kolev told Bloombergtv.bg that with the current power prices, 100,000 jobs may be lost next year, citing an analysis by Ernst and Young, Standart News reported. The impact on exports will be also very serious, since the goods consume a lot of energy, said Kolev. The surge […]
