HSE’s net profit plunges 56% in 2017 as electricity production shrinks 10%
Slovenian state power utility Holding Slovenske Elektrarne’s (HSE) net profit in 2017 dropped 56% against 2016, to EUR 19.7 million, as a result of a 10% year-on-year decrease in electricity production, according to HSE’s annual report. HSE’s total electricity production in 2017 was 7,034 GWh, down from 7,778 GWh in 2016. Output at HSE’s hydropower […]
Vranje inks KfW-financed deals to build wastewater treatment facility, collector
Public water supply utility Vodovod Vranje has signed two agreements worth EUR 14.2 million with contractors for the construction of a wastewater treatment facility and a wastewater collector, financed by German development bank KfW. “We are investing a total of EUR 250 million in the development of utility infrastructure in Serbia through the program with […]
GIZ and Partners mark World Environment Day in Sarajevo, Subotica and Belgrade
The German development organization GIZ, marked the World Environment Day on June 05 with parallel activities in Sarajevo, Subotica and Belgrade. The focus of this year’s event was on biodiversity, with special focus on protection of bees and pollination, sustainable urban mobility, climate protection, and sustainable use of natural resources, also from the perspective of […]
Republika Srpska government proposes new energy sector development strategy until 2035
The government of Republika Srpska, the Serb entity of Bosnia and Herzegovina, has adopted a proposal of the energy sector development strategy until 2035, focusing on the security of supply and the creation of a sustainable and competitive energy sector, local media reported. The document, which has been sent to parliament for a fast-track procedure, […]
EU ETS implications for Serbia – price of electricity made from coal to go up
Carbon pricing – forcing electrical generators to pay for the right to emit carbon – is coming to Serbia, sometime in the period 2020 – 2025, as Serbia joins the EU. This will inevitably increase the price of electricity made from coal, and will give an incentive for Serbia to produce more of its power […]
Cyprus preparing plan to cut GHG emissions, plastic waste – minister
Cyprus will complete a new national plan for climate and energy within the year to address cutting GHG emissions and plastic waste, Agriculture, Rural Development, and Environment Minister Costas Kadis said during a recent discussion in the Cypriot parliament. For his part, Theodoulos Mesimeris, Head of the Climate Change Unit at the ministry’s Department of […]
PPC Renewables’ geothermal partnership draws two 2nd round binding bids
Only two second-round binding bids were submitted for geothermal development partnership with Greece’s PPC Renewables, a subsidiary of the country’s majority state-owned power utility, Public Power Corporation (PPC), by the June 1 deadline, according to reports. The second-round binding bids for the geothermal partnership with PPC Renewables were filed by Greece’s waste-to-energy producer Helector, part […]
FBiH government proposes bill to strengthen polluter pays principle
The government of the Federation of Bosnia and Herzegovina (FBiH) has proposed a bill seeking to strengthen the polluter pays principle and more clearly define the energy efficiency activities of the Environmental Protection Fund, including by renaming it the Environmental Protection and Energy Efficiency Fund. The polluter pays principle envisaged under the bill on the […]
