UNECE’s Drina nexus project points to untapped cooperation potential in hydropower
Synchronised operation of power plants along the Drina and its tributaries could markedly increase production downstream, according to an integrated resource assessment. A multi-country electricity system model was developed for the three countries sharing the river basin as part of a comprehensive intersectoral or nexus project covering water, energy, food and environment. Montenegro, Bosnia and […]
HPP Trebješnica (HET) rolling out generator, turbine refurbishment
A 50-year old hydropower system in Bosnia and Herzegovina needs EUR 10 million for a major overhaul that would extend its operations for another generation with improved performances. In the words of Ilija Tamindžija, executive manager for production and technical works in ZP Hidroelektrane na Trebišnjici a.d. (HET), the funds would be used to refurbish […]
Slovenia interested in undersea power line, hydropower plants in Montenegro
On the first day of the Joint Commission for the implementation of the Agreement on Economic Cooperation between Montenegro and Slovenia, the alpine country has shown interest in expanding energy sector cooperation with Montenegro by utilizing the capacity of the undersea high-voltage power line that will link Montenegro to Italy, and by taking part in […]
World Bank to support Albania’s energy projects further
The World Bank is eager to help Albania address constraints and overcome challenges in making the energy sector competitive and efficient and expanding integration with neighbours, the organization’s eight executive directors told the government in Tirana, headed by prime minister Edi Rama. The two-day visit organized at the end of last month as part of […]
Romanian Hidroelectrica not insolvent, IPO to follow soon
Hidroelectrica, Romania’s largest power producer is officially solvent, as stated in the final court decision. This move will enable stock-market trade with Hidroeletrica’s shares. Court’s decision is final, and it will unblock Initial Public Offer (IPO) sale of 15% of company’s share. Remus Borza from Euro Insol, court appointed administrator of Hidroelectrica, expects that this share […]
EU funds back sustainable energy development in Slovenia
The Ministry of Infrastructure in Ljubljana placed invitations for projects of energy rehabilitation of buildings in the public sector and for co-financing of wind power endeavours and small hydropower plants. The total amount of financial support for sustainable energy development will reach EUR 25.7 million. Slovenia will select contractors and beneficiaries of the European Cohesion […]
EBRD seeks consultant for hydropower sector plan
As part of activities to bolster Macedonia’s share of power generation from hydro facilities, currently at one fifth, the European Bank for Reconstruction and Development placed a call for services of a consulting company. Its responsibility will be to assist the government of the Balkan country in conceptual design for the best hydropower development option […]
Green certificates for two HEP hydropower plants
Croatian energy regulatory body (HERA), assigned green certificate to two hydropower plants of Croatian state-owned power utility (HEP) earlier this month. The green certificates provide them with a status of privileged producer of electricity from renewable energy sources. However, these two hydropower plants, HPP Orlova and HPP Dubrava, even with green certificate, are not be entitled to receive […]