Three new signatories join WB6 initiative for energy market integration
Three new signatories have joined the Western Balkan Six (WB6) regional electricity market integration initiative, Energy Community announced. The Romanian transmission system operator CNTEE Transelectrica SA, the Greek transmission system operator IPTO SA and the Greek market operator LAGIE SA have signed the Energy Community’s Western Balkan 6 Memorandum of Understanding (MoU) on regional electricity […]
Hydropower potential Croatia’s best chance for more energy independence
Hydropower potential is Croatia’s best chance for more energy independence, concluded the participants of the 4. Energy Investment Forum 2017, which was organized in Zagreb by Poslovni dnevnik. The country currently imports around 30 percent of electricity consumed. “Hydro potential is our biggest potential with KN 3 billion investment cycle (EUR 403,8 million),” said Perica […]
Power production and distribution companies in the Balkan region – governments still in charge
By Vladimir Spasić, energy journalist and analyst It is not just that the governments in the Balkan region do not consider selling their power utilities, but they covet buying what they sold twenty years ago, or at least buying from their neighbors. This can be illustrated by the announcement of Serbian power utility Eletkroprivreda Srbije (EPS) […]
Greek PPC Renewables plans to triple electricity production from geothermal energy
PPC Renewables, the leading Greek company for the production or electricity from renewables, wants to triple production capacity from geothermal energy. Business plan which includes the development of geothermal energy is prepared by the newly elected Board of Directors. Previous board is replaced after the series of bad decisions which caused, according to Manolis Panagiotakis, […]
European demand for solar power decreased by 21 percent in 2016
European demand for solar power decreased by over 21 percent to 6.7 GW in 2016, according to the market research conducted by SolarPower Europe. At the same time, global solar installations grew by around 50 percent to an all-time record number of 76.2 GW. “The European solar industry is ready to take a larger share […]
GreenWEEE invests EUR 8.5 million in new recycling plant and modernization of existing
GreenWEEE International will invest EUR 8,5 million to open a new plant in Campia Turzii, Cluj county for the recycling of electrical and electronic waste, and to modernize and enlarge the capacity of existing facility at Buzau. GreenWEEE, a part of integrated recycling park Green Group, will invest EUR 3.5 million in the second plant […]
Switching to biomass could save to Valjevo heating plant up to EUR 1.4 million
Valjevo Heating Plant is planning to switch to biomass, which would cost EUR 4-5 million. According to this year’s expenses, utilizing biomass would save the plant EUR 1.3-1.4 million annually. “Ahead of us is a 12-month period during which we have to conduct a feasibility study and obtain the project documentation. The ambitious plan is […]
Slovenia adopts proposed draft of EU directive on renewables
The Government of Slovenia adopted the proposed draft of a European Parliament and European Council directive for promotion of energy from renewable sources. Slovenia supports the binding EU target of at least 27 percent energy from renewable sources in gross final energy consumption by 2030. Slovenia agreed that EU member states should determine by themselves […]