Piva hydro plant produced almost 30 TWh in 39 years
Milan Radović, head of Piva hydropower plant, said 146 GWh was produced since the start of the year, in comparison to 782 GWh planned for 2015. He added last year’s investment in equipment was EUR 930,000, national energy company EPCG said on its website. The plant in the country’s northwest has 102 employees. The end […]
KOSTT boosts transmission grid security from EBRD loan
The electricity transmission system operator KOSTT intends using the proceeds of a loan from the European Bank for Reconstruction (EBRD) for achieving full compliance with the N-1 electricity transmission grid security criteria, the bank said. This is a key technical requirement for KOSTT to join the European Network of Transmission System Operators for Electricity (ENTSO-E), which […]
Petrol stock reshuffling continues with new purchase
Petrol, Slovenia’s largest energy group, said a 7.96% stake in its capital was amassed by a unit of J&T Private Equity Group, Cypriot investment firm J&T Investment Opportunities Limited, making it one of the largest individual shareholders. No other details have been revealed beyond the firm being owned by J&T Private Equity Group, which public […]
Albania’s energy consumption continued to rise sharply in 2014
Albania’s consumption of electricity, the leading source of energy, continued to rise sharply in 2014 and, after several years, had a reduction in the level of electricity losses, the national Institute of Statistics (Instat) said. Household consumers increased consumption of electricity by 10.2% from 2013. Electricity consumption in total by customers rose by 10.1% from the previous year, to 5.01 TWh. […]
Albania-Italy cable potentially more profitable than Montenegrin project
Albania is trying to position itself as the export route for cheap Balkan hydropower into Italy, ahead of Montenegro, ICIS reported. An undersea electricity interconnector between the two countries could be more feasible than a cable linking Montenegro and Italy, according to Lorenc Gordani, an energy expert from Albania. The Albanian government signed a memorandum […]
Norwegian company laid first part of transmission cable
The first, 140 kilometer phase of installing the Tivat‒Pescara underwater line, which shall be 390 kilometers long, was completed in mid-March by Nexans, web portal Analitika said. The Norwegian company is Italy’s Terna’s partner and it is yet to set another 250 km cable, which shall be connected to the first one. Another cable, 500 […]
E.ON completes EUR 8 million investment in energy supply security
Modernization and Scada system integration of E.ON Moldova Distribuţie S. A. substations’ project was completed by E.ON Distribuţie România, Germany’s biggest power supplier’s subsidiary based in Târgu-Mureș, Business-review.eu portal said. The project was co-financed by the European Regional Development Fund (FEDR), following a RON 35 million (EUR 8 million) investment. The project was implemented over […]
Bulgaria’s wind power capacity installed in 2014 at 10.1 MW
Wind farms with a total capacity of 10.1 MW were installed in Bulgaria in 2014, according to the annual Wind Energy Barometer report of EurObserv’ER, reported Bulgarian portal Novinite.com. EurObserv’ER is a consortium dedicated to the monitoring of the development of the various sectors of renewable energies in the European Union. The EurObserv’ER Barometers Project […]
