Power distribution system hurts competition
According to a recent warning report from the Competition Council (Consiliul Concurenţei) of Romania, the fee system for the distribution of electric power, which differs by geographical areas, negatively affects competition depriving the consumer of benefits, unjustified even by the security of the national power grid. The head of the Competition Council, Bogdan Chirițoiu told […]
Power production, exports rise significantly
According to the Institute of Statistics (Instat), power generation in Albania and its sales abroad soared in the first six months of the year. Net domestic production of electrical energy increased by 59.4% to 3.75 TWh, compared to 2.35 TWh in the corresponding period of 2014. A decrease of power imports by 54% was registered, […]
No environmental impact expected from SHPP project
There is no need for an environmental impact assessment study for small hydropower plant (SHPP) project Stenjevac, local authority of Despotovac said on the municipal website. The department for construction and environmental protection declared that taking planned protection measures and technical norms into account, there is no expectation of any significant negative influence. The project […]
Panels bring light to villages devastated by war
Life without electrical energy, refrigerator and television is still a reality for several thousand houses, Akta.ba reported. This is the experience of former refugees from the village of Očijevo near Martin Brod in Bosnia and Herzegovina’s west. After the war ended and they came back home, families lived without power for 14 years! The grid […]
Free charging for electric cars in three malls
City Center One introduced chargers for electric vehicles in garages of its two shopping centres in Zagreb and one in Split. Citizens can plug in for free using radio frequency identification (RFID). The plan is to allow access by SMS message or by an application for mobile devices, in collaboration with the telecommunications services provider […]
Good winds result in higher income for Eltech Anemos
Eltech Anemos Group of companies said its consolidated first-half turnover amounted to EUR 19.2 million compared to Euro 16.9 million during the same period of 2014. The increase has been attributed to better wind performance. Consequently, earnings before interest, tax, depreciation and amortization (ebitda) amounted to EUR 14.5 million, compared to EUR 12 million from […]
Hydrology optimizes HEP’s liabilities in first half
In a statement to the Zagreb Stock Exchange, state-owned power utility HEP Group reported net gain of HRK 1.35 billion (EUR 178.5 million) for the first half of the year, 1.7% more than in the corresponding period of 2014. The company cited continued stagnation of economic activity and lower winter temperatures, where the latter […]
PPC posts profit increase for first half of 2015
Along with a new pricing policy for businesses and a total of EUR 80 million in incentives for loyal domestic customers, state-owned Public Power Corporation (PPC) reported a rise in turnover and net income for the first six months of this year, Ekathimerini newspaper’s portal reported. Those who pay their household bills on time will […]