EPCG signs agreement on TPP Pljevlja environmental overhaul
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) has signed an agreement worth over EUR 54 million on an environmental overhaul of its coal-fired thermal power plant (TPP) Pljevlja, a project that will extend the plant’s lifespan by 30 years and greatly reduce its impact on the environment. The agreement on the environmental overhaul was […]
Renewables and the market: intermittent energy source balancing is not that hard to grasp
The COVID-19 pandemic has rocked electricity markets across Europe, including Serbia. “Prices on SEEPEX in May dropped by about 40% against the three-year average. This trend will continue for some time, while forecasts beyond that period will depend on how fast consumption returns to pre-pandemic levels,” according to Dejan Stojčevski, Chief Operating Officer of the […]
PPC begins voluntary layoffs at coal mines with program for 890 workers
The state-owned company PPC managing lignite open pits and thermal power plants in Greece launched the first round of the voluntary layoffs for employees in the fossil fuel business. Workers aged 55 and higher who apply are entitled to compensation of EUR 35,000 each. Minister Kostis Hatzidakis says PPC may let go up to 5,500 […]
Hungary, Serbia set to double power interconnection capacity
Hungary and Serbia plan to double their cross-border power interconnection capacity and exchange, according to Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó. Increasing the interconnection capacity will enable electricity balancing between the two countries, Serbian Mining and Energy Minister Aleksandar Antić said following a meeting with Szijjártó in Budapest. Hungary has a strong […]
Environmental fund to resume grant programs put on hold by COVID-19
Croatia’s Environmental Protection and Energy Efficiency Fund is resuming grant programs for individuals and businesses following a hiatus caused by the COVID-19 pandemic. Announcing the resumption of regular activities in June, Siniša Kukić, the fund’s director, said that over EUR 79.3 million is expected to be approved under the grant programs by the end of […]
Serbia issues draft spatial plan for coal-fired thermal power plant Kolubara B
A public consultation was launched on the draft spatial plan for the special purpose area and the strategic environmental impact assessment report for Kolubara B. Serbia is moving ahead with the development of the coal power plant project, arguing “it is not possible” to replace the fossil fuel with other sources “in the near term.” […]
World Oceans Day 2020: Exploring innovation to protect oceans
The United Nations (UN) is celebrating this year’s World Oceans Day focusing on innovative solutions from around the globe that can help ensure a sustainable management of the world’s oceans amid unprecedented threats they face due to human activity. The UN’s virtual conference marking World Oceans Day 2020, to be followed by events throughout World […]
TENDERING: Geothermal water exploration areas in Croatia
The Croatian Hydrocarbon Agency issued a public call for bids for four exploration areas. It said the goal is to utilize geothermal waters in Slavonia, Podravina and Međimurje in the north of Croatia for the production of energy. A significant geothermal potential has been proven in the geographical zone of the Drava river valley, the […]