News

ČEZ overcomes green certificate allocation suspension

Published

May 13, 2015

Comments

0

Share

Published:

May 13, 2015

Comments:

0

Share

Czech energy group ČEZ’ operating profit in Romania stagnated in the first quarter of 2015 at EUR 29.2 million, compared to the same period last year, EnergyWorld magazine reported. The increase in energy production has offset the negative effect of suspending green certificate allocation for the Cogealac wind farm.

ČEZ owns the Fântânele wind park, with an installed capacity of 347,5 MW, the Cogealac park (252,5 MW) and a series of micro hydropower plants with a total capacity of 18 MW.

The Czech group posted a profit of EUR 7.3 million in Romania in the first quarter, calculated before interest, taxes, depreciation and amortization (ebitda). It was similar to the result from the first three month of last year.

Related Articles

Kosovo measure wind potential auctions public projects

Kosovo* to measure wind potential for auctions, public projects

02 March 2024 - Kosovo* is about to measure wind potential to present the data to foreign investors or develop public projects

Nikšić from solar and wind can produce enough electricity for the entire Montenegro

Solar, wind parks around Nikšić could power entire Montenegro

01 March 2024 - Solar and wind power plants in optimal locations in Nikšić could cover the electricity consumption of all households in Montenegro

dodik buk bijela hydropower montenegro mandic

Republic of Srpska offers Montenegro to join Buk Bijela hydropower project

01 March 2024 - President of the Republic of Srpska Milorad Dodik offered to Montenegro to join the construction of the Buk Bijela hydropower plant

Serbia to couple electricity market with EU by 2026 SEEPEX stojcevski

Serbia to couple electricity market with EU by 2026 – SEEPEX

01 March 2024 - Coupling will make it easier for the industry, as a consumer, and power producers to enter the electricity market