Parliament ignoring petition against power price hike
Civil Society Consortium for Sustainable Development (Kosid) demanded from the parliament of Kosovo* to envisage all the points of the petition against the increase of the price of power supply, Independent Balkans News Agency’s portal reported. Through this petition, last September the organizers and 33 thousand signatories demanded from the parliament to abrogate the decision […]
Bulgaria reluctant to join regional auction platform
Plans to create a single European cross-border capacity auction platform is holding back the Bulgarian transmission system operator from joining the regional platform. This is despite the fact a joint European auction platform might only be operational by 2019, petrochemical market information provider ICIS reported. At a recent industry event, Victoria Popovska, head of the […]
IFC invests in Finans Leasing to help energy efficiency
IFC, a member of the World Bank Group, said it is providing a USD 60 million (EUR 52.62 million) loan to Finans Leasing, a leading Turkish leasing company, to boost lending to small and medium enterprises (SMEs) for sustainable energy efficiency projects that will cut costs and help protect the environment. IFC will lend USD […]
Pressure mounts on EBRD to quit Mavrovo dams project
The Macedonian government has plans to make Mavrovo the home for two large and around 15 small hydro power plants, one with financial support from the EBRD, even though this is the largest and richest national park in the country and home to the critically endangered Balkan Lynx, CEE Bankwatch Network said. Boškov most, one of […]
German company scanning energy projects to invest in
AEG Industrial Engineering AG perceives Macedonia as being the main energy center in the region, said Heinrich Otterpohl, CEO of the German company, part of a delegation visiting Macedonia, the former Yugoslav republic’s government said on its website. In a meeting with deputy prime minister for economic affairs Vladimir Peševski, Otterpohl praised Macedonia’s investment opportunities, […]
Three countries fail to fulfil Energy Community obligations
Energy Community Secretariat said it submitted three reasoned requests on May 12 to the Ministerial Council as the next step in the dispute settlement cases against Albania, Bosnia and Herzegovina and the Former Yugoslav Republic of Macedonia. The secretariat seeks a decision establishing that the contracting parties concerned failed to fulfil their obligations stemming from […]
ČEZ overcomes green certificate allocation suspension
Czech energy group ČEZ’ operating profit in Romania stagnated in the first quarter of 2015 at EUR 29.2 million, compared to the same period last year, EnergyWorld magazine reported. The increase in energy production has offset the negative effect of suspending green certificate allocation for the Cogealac wind farm. ČEZ owns the Fântânele wind park, […]
Biomass enhances energy independence, adds savings
Guarantee Fund of Vojvodina, Serbia’s northern province, organized an international conference named ’Promoting Renewable Energy Sources: Biomass in Agriculture’ in partnership with Heinrich Böll Foundation, German International Cooperation – GIZ, and European Affaires Fund of Vojvodina, under patronage of the Provincial Secretariat for Energy and Mineral Resources, and with support from the Provincial Secretariat for […]
