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 […]
Call for concessions for three small hydro facilities
Government of Zenica–Doboj Canton, located in central Bosnia and Herzegovina, started the procedure of selecting concessionaires for small hydropower plants (SHPPs) on its territory for 30 years. Selected investors will be obliged to hire local companies for works worth at least 50% of respective projects. The cost of tender documents for both calls is EUR […]
Installing of underwater cable soon to be continued
After getting approval from Croatia to lay the underwater power cable in its waters, there are no other obstacles to continue the energy project to connect Montenegro and Italy. Dnevne novine, daily newspaper, learned the continuation of installing the 250 kilometres of cable, which will eventually be connected to the power station under construction in […]
Buschle: Region lagging in goals for renewables
Most Southeast European members of the Energy Community is behind schedule with obligations to increase the share of renewable sources in their energy mix, said Dirck Buschle, deputy head of the organization’s secretariat, and added goals probably won’t be met. Mistakes made by European Union member states in developing renewable energy sector must be avoided, […]
ABB on tour with electric car presentations
Regional Chamber of Commerce in Kruševac, a city in central Serbia, organized a presentation of projects, experiences and equipment in the field of fast charging stations for electric vehicles. The municipal authority invited representatives of automation and power technologies company ABB, headquartered in Switzerland, to show possibilities of electric car transportation as an environmentally friendly […]
Energy Efficiency Network in Western Balkans launched
Energy Innovation Center Teslianum said it started a project entitled Energy Efficiency Network in Western Balkans with LEEN GmbH as a strategic partner, and with the support of the State Government of Baden-Württemberg of Germany and its Ministry for International Cooperation. Project’s main goal is to identify and establish Learning Energy Efficiency Networks (LEEN). Financed […]
Regional project uniting energy regulators
United States Agency for International Development (USAID) announced that it hosted energy regulators from Albania, Armenia, Bosnia and Herzegovina, Georgia, Kosovo, Macedonia, Serbia and Ukraine for the launch of a new programme to support regional energy security and market transparency. During the program (2015-16), they will be supported in the preparation of guidelines promoting best […]