North Macedonia to adopt Energy Development Strategy until 2040 in line with EU Energy Union pillars
North Macedonia’s Ministry of Economy plans to adopt the Energy Development Strategy until 2040 by the end of 2019, said Economy Minister Kreshnik Bekteshi during the Business Forum held as part of the Western Balkans Summit Poznan 2019. The ministry has also prepared a draft law on energy efficiency. By the end of 2019, North […]
Let the sunshine in, say civil society groups
Author: Igor Vejnović, Hydropower Coordinator, CEE Bankwatch Network Eight civil society organisations last week submitted proposals for a revamp of Serbia’s renewables support scheme to the Ministry of Energy and Mining. All across Europe, renewables incentive schemes have been transformed in recent years to take account of the growing costs of feed-in tariffs for end […]
Croatia’s HEP Group posts EUR 184 million net profit for 2018
Croatia’s state-owned energy company Hrvatska Elektroprivreda (HEP Group) reported a net profit of HRK 1.36 billion (around EUR 184 million) in 2018, an increase of 5% compared to 2017. The profit came from the group’s electricity business, with losses seem in other segments of operations, according to HEP Group’s annual report. HEP Group posted an […]
Call issued for climate change projects to be funded by Green Climate Fund
Serbia’s Ministry of Agriculture, Forestry and Water Management, in cooperation with the United Nations Environment Program (UNEP), has invited all interested parties to submit project ideas for reducing greenhouse gas emissions and adapting to climate change at the national level whose implementation requires funds from the Green Climate Fund (GCF). The deadline for submitting climate […]
Serbia introduces energy efficiency fee on gas, electricity, fuel
From July, consumers in Serbia will start to pay an energy efficiency fee through electricity and gas bills, and also when buying oil derivatives. The fee is RSD 0.015 (EUR 0.000127) per kWh and RSD 0.15 (EUR 0.00127) per cubic meter of natural gas and per liter of gasoline, local media reported. The fee was introduced […]
Greece’s new energy minister, Kostis Hatzidakis, announces rescue plan for PPC
Not 24 hours after the polls closed in Greece, the new prime minister, Kyriakos Mitsotakis, has unveiled his cabinet. New Democracy Vice President Kostis Hatzidakis will lead one of the two key ministries – of the environment and energy. The new Greek Environment and Energy Minister Kostis Hatzidakis’ key task will be to tackle the […]
Solar Pecka crowdfunding campaign raises USD 6,687
The Solar Pecka crowdfunding campaign to install a system of solar thermal collectors and solar panels on the Visitor Center Pecka in Bosnia and Herzegovina has been successfully completed. Solar Pecka is now the country’s first citizen initiative to bring solar energy to the rural area. The village of Pecka is located near the city […]
EPS reports net loss of EUR 11 million in 2018
State-owned power utility Elektroprivreda Srbije (EPS) made a net loss of RSD 1.3 billion (around EUR 11 million) in 2018, according to the business report of the EPS Group for 2018. A year earlier, the company reported a net profit of around RSD 6.3 billion (around EUR 53 million). EPS posted a pre-tax profit of […]