Green power projects to add expenses for households
If electricity generated by wind and solar facilities was cheaper than from thermal power plants, Electric Power Co. of Serbia (EPS) would prioritize renewables, said Aleksandar Obradović, head of the government-controlled utility. In an interview for regional news channel N1, he said EPS however does plan significant investments in aeolic and photovoltaic energy projects in […]
Headrace gallery worth EUR 150 million launched
Hidroelectrica said it inaugurated Surduc–Nehoiașu, its latest headrace gallery, at the Pruncea intake point at Bâsca Mare, following a EUR 150 million investment. The tunnel is part of the Surduc–Siriu hydropower planning, the Romania Journal reported on its website. The project is the longest of its kind to be implemented since 1984, being also the […]
Plan for Italy–Slovenia power links on schedule
AdriaLink’s project for two electricity interconnectors between Italy and Slovenia is on track with construction works scheduled to begin next year and commissioning seen in 2017, said Enel SpA, one of the company’s co-owners, SeeNews reported. In 2009, local utilities operator Acegas-Aps SpA, Enel and electricity trading and generation firm Tei Energy SpA signed a […]
Yugoslav energy projects need dust wiped off
“Lack of good energy policy leaves us under threat of poverty and unemployment, and health risks,” said Aleksandra Tomić, chairwoman of the Serbian Parliamentary Energy Policy Forum, opening the body’s third meeting in the form of a public debate on the Proposal of Energy Development Strategy until 2025 with projections until 2030. The House of […]
Vienna summit highlights energy projects, networking
Four regional power grid projects and three key measures for cooperation have been adopted at the Western Balkans Summit in Vienna on August 27, said Janez Kopač, Energy Community Secretariat’s director. He told Serbian portal Euractiv.rs that the European Union pledged EUR 200 million for this year for projects in energy and transport infrastructure. The […]
Hidroelectrica begins procedure for exchange listing
Six months out of insolvency, largest national power producer may be listed at the stock market, Energynomics.ro said. Károly Borbély, Hidroelectrica’s head of strategy and corporate affairs, said the preparations already begun. „It will be possible six months after we come out of insolvency, most likely in the fall of 2016 or early 2017,“ Romanian […]
Electrica exiting two wind energy projects
Citing declining profitability of renewable energy, Romanian utility revealed a plan to terminate the development of two wind parks, which is reflected by financial statements by the management, Business-Review reported. Electrica SA was listed on markets in Bucharest and London in July last year, and made a decision at the time to postpone investment in […]
Customers’ debt to PPC exceeds EUR 2 billion
The amount owed to the Public Power Corporation by its customers topped EUR 2 billion at the end of July, the head of its Genop workers’ union Giorgos Adamidis told the Athens–Macedonian News Agency. He added more than EUR 1.5 billion were households’ liabilities. High voltage accounts for EUR 280 million, where EUR 250 million […]
