Electricity

HOPS, Siemens sign EUR 5 million contract under Sincro.Grid project

Photo: Signing of the contract (HOPS)

Published

August 30, 2019

Country

Comments

comments icon

0

Share

Published:

August 30, 2019

Country:

Comments:

comments icon

0

Share

Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a contract on deploying a variable shunt reactor at transformer station TS 400/220/110 kV Melina, as part of the implementation of the EU-backed smart grid project Sincro.Grid, according to a press release on HOPS’ website.

The value of the contract to deploy the variable shunt reactor is HRK 36.5 million (about EUR 4.93 million), and the deadline to complete the works is 15 months.

The Sincro.Grid project has been developed though cooperation between Slovenian and Croatian TSOs and distribution system operators (DSOs), with the aim of resolving the challenges in power grid management and removing transmission bottlenecks, in what should ensure a certain level of security in the functioning of the two countries’ grids and create conditions for the intake of electricity from new renewable energy sources, HOPS recalled in the statement.

The contract was signed by Tomislav Plavšić, HOPS’ management board chairman, and Medeja Lončar, Siemens’ CEO for Croatia and Slovenia. Following the signature, Lončar said that the variable shunt reactor will be produced at power transformer factory Končar – Energetski Transformatori, majority owned by Siemens, according to a press release from Siemens.

EUR 40.5 million donation from EU to cover 51% of Sincro.Grid project cost

On May 22, 2017, Slovenia’s transmission system operator ELES, as Sincro.Grid project coordinator, signed a contract with the EU’s Innovation and Networks Executive Agency (INEA) on a EUR 40.5 million donation that should cover 51% of the project cost, Siemens recalled in a press release.

Sincro.Grid will integrate several innovative technologies to ensure that grids have the capacity to efficiently transmit electricity across the border between the two countries, while a new virtual cross-border control center will regulate the flow of electricity from renewable sources, according to a statement on the European Commission’s website following the signature.

The project will ensure that more energy can be generated by smaller, local power sources, and it will also increase energy storage capacity and improve the security of energy supply in the region.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Serbia drafts just transition action plan public debate

Serbia drafts just transition action plan

30 May 2025 - The Ministry of Mining and Energy has published a draft just transition action plan and launched a public debate

Regional Power Sector Exchange Western Balkans disitribution system operator dso grids ohrid giz

Third Regional Power Sector Exchange in Ohrid: Power grids at core of energy transition

30 May 2025 - The third Regional Power Sector Exchange of the Western Balkans gathered over 80 energy professionals from the Western Balkans

two solar power plants egesa enerji vojvodina

Turkish Egesa Enerji to build two solar power plants in Serbia’s Vojvodina province

30 May 2025 - Turkish company Egesa Enerji has launched a project to build two solar power plants in Vojvodina, with a total nominal capacity of 8.6 MW

Green for Growth Fund partnership Swedish International Development Cooperation Agency Sida

Green for Growth Fund launches partnership with Swedish International Development Cooperation Agency

30 May 2025 - GGF and the Swedish International Development Cooperation Agency are expanding green lending in the Western Balkans and the EU's Eastern Neighborhood