Slovenian-Japanese project NEDO to start by September

As early as next month or in September, the first phase of testing of new technologies and solutions in working smart networks could be initiated as a result of bilateral cooperation between Slovenia and Japan. NEDO demonstrational project, which will last for three years and is worth EUR 30 million, comes against a backdrop of […]

News May 11, 2016

Electricity consumption lowered by one fifth in April

Last month households in Montenegro consumed 87 GWh of electricity, 20.6% less than in the previous month and 9.5% under the level from April of last year, state-owned utility Electric Power Company of Montenegro (EPCG) stated on its website. The average electricity bill for households, excluding non-read metering points in buildings not permanently resided, amounted […]

News May 10, 2016

Separation of FC Distribucija good sign for new suppliers

The plan for the unbundling of the distribution sector (FC Distribucija) from state-owned utility EPCG to a separate entity sends a positive signal to new electricity suppliers and improves business environment for their arrival, said Energy Regulatory Agency (RAE), news agency Mina-Business reported. The separation of is not going to make good environment for new electricity suppliers […]

News May 9, 2016

Electricity distribution to be fully privatized by 2020

Energy and natural resources minister Berat Albayrak announced electricity distribution in Turkey will become fully privatized by 2020 and that distributer companies will be followed closely by the ministry, Daily Sabah reported. He stressed a special office under the ministry will follow the distributors, and that the ones that duly perform their duties will be supported, while […]

News May 8, 2016

Croatia paid EUR 410 million so far in incentives for renewables

Since 2007, when stimulation of renewable energy production started in Croatia, until the end of 2015, HRK 3.07 billion (EUR 410 million) has been paid to preferential producers. Last year alone, the budget was over EUR 133 million and, as the number of power plants rises and the amount of bought electricity increases, by the end […]

News May 6, 2016

Enel overhauling electrical grid in Bucharest

Simco International Impex, an energy services company, has won a EUR 1.5 million contract to carry out investment and maintenance works on low-voltage and high-voltage public lighting networks in Bucharest, networks leased to Enel, according to a report published on Nine o’Clock portal. Enel Distribuţie Muntenia, the contracting authority, points out one third of the works can […]

News May 6, 2016

Turcas Petrol to enter energy market in Iran

Turkish energy company Turcas Petrol is looking at entering the Iranian energy market through investments in oil, gas or renewables, following the lifting of most of the sanctions against the Islamic Republic. “We believe we must definitely be in Iran,” company’s chief executive Batu Aksoy told journalists, as reported by Hürriyet Daily News. At a time when […]

News May 5, 2016

EBRD launches Reenova+ in Croatia

The European Bank for Reconstruction and Development is starting a EUR 60 million facility for financing energy efficiency improvements in Croatian homes and households. Loans under the new Reenova+ financing facility will be extended by partner financial institutions, the bank stated on its website. Erste & Steiermärkische Bank d. d. is the first that joined the programme and additional […]

News May 5, 2016