Romania least energy dependent in the region
Following Norway, Estonia, Denmark and Iceland, Romania had the highest position by energy independence in Europe in 2014. Importing only 17% of the consumption demand, it fared the best among the markets followed by Balkan Green Energy News, Eurostat’s data showed. The overall result for the EU was 53.4%, in the range of the readings for the […]
Only 906 green certificates traded in January
Opcom, the energy market operator, said the Centralized Green Certificates Market (PCCV) experienced a veritable crash last month, portal Nine o’Clock reported. Only 104 sale offers and three purchase offers were registered. The number of units traded stood at just 906. The closing price was RON 131.08 (EUR 29.26) per certificate. The volume traded dropped […]
Siemens, Belgrade reach deal on business cooperation
Siniša Mali, mayor of Serbia’s capital city, and representatives of Germany’s Siemens AG signed an agreement on business and technical cooperation in the field of technical infrastructure, energy sustainability and transportation, Belgrade administration said. “The City of Belgrade puts great efforts into modernization and sustainable development and this is why, for instance, we completed the […]
Works on roads to wind projects in Alibunar underway
The Municipality of Alibunar in Serbia’s northern province of Vojvodina has signed an agreement with Belgian-based company WindVision SA/NV for funding and conducting preparatory works for the construction of two wind farms, Dnevnik newspaper’s portal reported. The project is for the construction and renewal of unclassified roads of 60 kilometres in order to transport equipment […]
Government aims 2.5 GW more green energy by 2020
The country’s existing renewable energy sources support system is plagued by impasse situations, Mihalis Veriopoulos, the Environment and Energy Ministry’s secretary general in charge of energy and mineral resources, told the Athens Energy Forum, while presenting the key parts of the upcoming support system, Energy Press reported. He noted the government is aiming to add […]
First solar power plant exceeding planned output
There are 16 photovoltaic plants in the territory of the Federation of Bosnia and Herzegovina which sell power through the grid, portal Klix.ba reported. Solar power plants have proven to be an excellent project which can reduce electricity bills if used for personal purposes or which can generate profit if you sell the produced electricity, […]
Power trade surplus reduced by 18.9% last year
Data published by the Agency for Statistics of Bosnia and Herzegovina said 7.85% less electrical energy was supplied abroad last year than in 2014. The value amounted to BAM 284.4 million (EUR 145.4 million). The surplus fell by 18.9% on the year to EUR 91 million. Exports held at the level from the previous year […]
VEC Energia acquired by Energo-Pro
The deal for the full acquisition of VEC Energia Holding EAD, the second in scale private hydropower plant operator in Bulgaria, was completed by Energo-Pro Bulgaria EAD. The shares were transferred on January 30 and Energo-Pro stepped in as the sole shareholder of VEC and the six hydropower plants, owned by the company directly and […]