11 energy, environmental proposals on key infrastructure projects list
Montenegro’s National Investment Commission adopted a list of 36 key priority infrastructure projects, including 11 energy and environmental protection projects with more than EUR 1.2 billion earmarked for them. The Montenegrin Government press service said adding that the Commission submitted the list to the government to consider and adopt. The statement noted that a total […]
Terna to complete Italy-Montenegro power line by end-2019, halves initial capacity
Italian energy company Terna has said it plans to complete the Italy-Montenegro electricity interconnector project by the end of 2019, slipping the project conclusion from the previously targeted date in 2018, while also halving the planned initial capacity to 600 MW, according to reports. The submarine cable has been laid, receiving points completed, and the […]
Macedonian Government, Academy of Sciences sign memorandum on sustainable development
The Ministry of Economy and the Macedonian Academy of Sciences and Arts (MANU) have signed a Memorandum of Cooperation for Sustainable Energy Development in Macedonia. The memorandum was signed by Economy Minister Kreshnik Bekteshi and President of MANU, academician Taki Fiti. “The aim of the memorandum is to establish cooperation and an efficient institutional dialogue, […]
Fintel Energija IPO on Belgrade Stock Exchange in May
Fintel Energija will conduct the initial public offering (IPO) on the Belgrade Stock Exchange in May, company CEO Tiziano Giovannetti said. The first IPO after almost 80 years on the Belgrade Stock Exchange is being prepared for nine months. The Fintel Energija plans to sell 15-20% of its shares. “The necessary IPO procedure will be […]
Energy Agency gets new president and members of the Council
The National Assembly of the Republic of Serbia elected a new president and members of the Energy Agency (AERS) Council because the old management mandate has expired. The new President of the Council is Dejan Popović, and the members are Aca Marković, Dejana Stefanović-Kostić, Negica Rajkov and Goran Petkovic, who is re-elected. Officials of the […]
Energy Community and EBRD issue Policy Guidelines for renewable energy auctions
The European Bank for Reconstruction and Development (EBRD) and the Energy Community (EnC) Secretariat have published joint Policy Guidelines to help countries design and implement competitive selection processes for supporting renewable energy. The International Renewable Energy Agency (IRENA) assisted EBRD and EnC Secretariat with designing Policy Guidelines. The Draft Policy Guidelines on Introducing Renewable Energy […]
Ugljevik 3 TPP fails again to comply with environmental acquis
The Energy Community Secretariat has moved to second step in a dispute settlement procedure against Bosnia and Herzegovina for its non-compliance with the requirements of the Environmental Impact Assessment Directive. In its Reasoned Opinion, the Secretariat maintained the view that the environmental impact assessment procedure of the planned Ugljevik 3 thermal power plant (TPP) in […]
FYRM is promoting renewables and energy efficiency by subsidies
The Government of Macedonia (FYRM) has allocated over EUR 800.000 (MKD 50 million) for the promotion of renewable energy sources and improvement of energy efficiency in households for 2018. The subsidy program, recently published on the Ministry of Economy website determines the method, conditions, criteria and procedure for allocating these funds from the budget. EUR […]