Energy Community adopts 20% target on efficiency
The 13th Energy Community Ministerial Council took place today in Tirana under the Albanian presidency in office of the Energy Community. A study on progress in renewable energy and assessment of action plans was published. European commissioner for climate action and energy Miguel Arias Cañete, representing the European Union at the meeting, said: “The Energy […]
Study underway for Kostolac wind power plant
National power producer EPS published an invitation on October 12 for offers for a feasibility study with a concept design for a future wind power plant at the coal mining complex of Kostolac, 90 kilometres east of Belgrade. The public procurement project JN 1000-0041-2015 is for a wind park study for possible locations of Drmno, […]
Power purchase agreements finally on the table
Ministry of Mining and Energy of Serbia organized a public consultation process on proposed directives for incentives for the production of energy from renewable sources and highly efficient cogeneration. The documents include the conditions for achieving the status of a privileged producer, temporarily privileged producer and of a producer from renewable energy sources. Another directive […]
Erdemir group’s loan from EBRD pending signing
The European Bank for Reconstruction and Development said its board approved a long-term loan of up to EUR 75 million (or equivalent in dollars) to Ereğli Demir ve Çelik Fabrikaları TAŞ (Erdemir) and İskenderun Demir ve Çelik AŞ (İsdemir). The group was incorporated in Turkey in 1960 and runs steel production facilities in Ereğli and […]
OMV Petrom selling wind farm in Dobruja?
OMV Petrom SA plans to sell the 45 MW wind power plant it holds in Dobruja, as part of a larger plan to optimize business following the global drops in oil price, Mediafax reported. The report, published by Business Review magazine, adds the facility was built in 2011 from an investment of EUR 90 million. […]
Energy efficiency enables sustainable development
Compared to the countries in the region, Serbia is ranked the second regarding the consumption of electricity per capita, and the first regarding the emission of carbon dioxide, according to Arne Gooss, director of KfW bank in Serbia. Speaking at an international conference on energy efficiency in public and private sector on October 15, he […]
Renewables bring deficit of EUR 17.37 million in Greece
The latest report showed the gap at the special account for renewable energy sources at Lagie, the Greek electricity market operator, increased by EUR 11 million in August to EUR 77.21 million, Energy Press said. The state’s special account had begun the year with a deficit of EUR 101.88 million and is forecast to end […]
Government and A2A agree to prolong partnership
Minister of Economy Vladimir Kavarić said the Government of Montenegro and Italian-based company A2A have reached an agreement on the basic elements of future cooperation and the extension of cooperation for five years once the shareholders’ agreement in the Electric Power Industry of Montenegro (EPCG) gets signed towards the end of the year. Meanwhile, the […]