EBRD exits ownership over share in E.ON Romania
The European Bank for Reconstruction and Development (EBRD) sold its 9.82% stake in E.ON Romania, part of German E.ON Group, Romania Journal reported on its website. The company is an integrated natural gas and electricity supplier on the domestic market. EBRD, which in 2007 bought E.ON’s shares for EUR 43 million, passed the stake to […]
New player and statuses in Balance Scheme
New player in the Slovenian power market is NIS Petrol Srl. The company entered the Balance Scheme on December 31, Borzen said. As of January 1 there are changes within the system, namely balance group Borzen, d. o. o. – Centre for support (Eco group) changed its status to balance subgroup responsible party in the […]
Biomass as storage facility in green energy system
Renewable energy is vast but one downside is that it is not a constant source of energy, Tanay Sıdkı Uyar, president of the Bioenergy Association of Turkey, told Anadolu Agency. The use of biomass energy in Turkey should be increased as it can provide independence from fossil fuels, he stressed. “The sun’s energy can be […]
TPI signs wind blade supply agreement with Vestas
Denmark’s Vestas Wind Systems A/S agreed to source blades for its V126 wind turbine from a recently announced factory in Izmir, Turkey, owned by TPI Composites Inc., SeeNews reported. Under the fresh multi-year supply agreement, the United States–based blade manufacturer will be delivering components for Vestas’ customers in the region of Europe, the Middle East […]
EPS becomes joint stock company by July
Electric Power Industry of Serbia (EPS) will become a joint stock company by July 1 to demonstrate to citizens that it is operating under conditions dictated by the market, its chief executive Aleksandar Obradović told the company magazine. The transformation is an obligation from the state’s agreements with the International Monetary Fund and the transition […]
Crodux energija joins BSP SouthPool
BSP Regional Energy Exchange LLC, registered in Ljubljana, said Crodux energija d. o. o. became a member of BSP SouthPool. The company joined the Slovenian electricity day-ahead and intraday market. Crodux energija was stablished by Croatian enterprise Crodux plin. In September it started trading electricity in its home country in strategic partnership with Swiss company […]
Foča assembly has little power over small hydro
The opposition in a town in southeastern Bosnia and Herzegovina is asking for a special session of the local parliament. At a regular meeting, Radisav Mašić, chief of the Municipality of Foča, read information on the plans and development of 14 small hydropower plants on the rivers Ćehotina, Govza, Bistrica, Oteša, Krupica, Jabušnica, Sutjeska i […]
Cystat: Solar thermal systems steadily expand
Electricity production from renewable sources increased from 807 MWh, recorded in 2004, to an estimated 315.8 GWh in 2014, according to Cystat’s annual report issued at the end of last year. The statistical bureau said in the beginning there were no systems connected to the grid, while by the end of the period gross production […]
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