Thermal power plant to be converted to cogeneration
Bucharest’s thermal energy supplier Radet will convert the heat power plant located in the Casa Presei building, in the north of Bucharest, into a cogeneration plant, Romania Insider reported. The company’s board approved a EUR 8.21 million investment earlier in December, Agerpress said. The inhabitants in the north of the capital will mostly benefit from […]
Renewable energy capacity tops EU targets
Romania’s green energy capabilities have reached the mandatory levels set by the European Commission for 2030, portal Nine o’Clock reported, adding that the new energy minister Victor Grigorescu pushes for yet bigger green energy quotas. Although two years ago it was believed that once the restrictions concerning green certificates trading come into force investments in […]
OPCOM becomes nominated electricity market operator
Romanian gas and electricity operator said it was designated by the Romanian Energy Regulatory Authority (Anre) as nominated electricity market operator (NEMO) for fulfilling tasks related to the coupling of the day-ahead and intraday markets. The designation of Opcom was performed according to European Union regulation for an initial period of four years. The rules […]
CROPEX initiates member admission, postpones launch
At the meeting of the Board of Commissioners of Croatian Energy Regulatory Agency (HERA), Cropex was designated as a nominated electricity market operator (NEMO) for a period of four years. In accordance with European Commission’s regulation on capacity allocation and congestion management (CACM), each member state electrically connected to a bidding zone in another member […]
Wood pellet factory opened in Vučje
The employer created eleven jobs to service a new factory near Nikšić in three shifts, Mina-Business reported. The wood pellet production facility on the Vučje plateau is the third of its kind in Montenegro. Production capacity is 600 kilograms per hour. Private company Vučje Energy, owned by Ranko Jovović, was inaugurated by Petar Ivanović, minister […]
Energy management project launched in municipalities
Energy managers, who are to be introduced, could help save about EUR 100,000 a year in municipalities and cities, said Miloš Banjac, assistant energy minister responsible for energy efficiency and renewable energy sources, Tanjug agency said. With additional training, 49% of the municipalities could have current employees as energy managers, 31% already does have them, […]
Kouyialis: Climate deal means much more work
Electricity production and renewable energy are areas that need much improvement, but there are also other issues now that a global agreement on climate changed has been reached in Paris, Agriculture and Environment Minister Nicos Kouyialis said to Cyprus News Agency. “This agreement is just the beginning. From now on we must all work collectively […]
Green energy investments take time to reap returns
Returns from funds directed into energy from renewable sources will be realized within nine to 10 years, according to Turkish energy investment company Özgül Holding’s chairman Faruk Özgül. Anadolu Agency’s Energy Terminal said he added such investments which are feasible and realistic will have a life of at least 50 years. “Investments in renewable energy […]
