Slovenia’s ELES to pay EUR 49.75 per MWh for transmission losses in 2021
The Slovenian transmission system operator completed the auction for baseload products it would buy for the next three calendar years. ELES said suppliers offered electricity at EUR 49.5 per MWh to EUR 55.7 per MWh for the company to cover losses. After a public call, ELES conducted an electronic auction for power suppliers in order […]
Electric vehicle prices declining as average range goes up
The prices of electric vehicles have been declining, while their average range has grown, making them more attractive to customers, according to a report by Lux Research, a US-based provider of tech-enabled research and advisory services. Battery electric vehicles (BEV) are consistently making progress on how far they can go, with the average range now […]
Greece presents mobile recycling kiosk powered by solar panels
Envipco and Texan, which started the production of public devices for returning plastic, glass and metal packaging in Greece, launched their portable automated machine that runs exclusively on a photovoltaic system. The government in Athens is promoting public–private partnerships and it is about to detail an EU-funded program for local authorities worth EUR 2.5 billion. […]
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 […]
