Local governments get EUR 2.76 million from budget fund for energy efficiency
Serbian Mining and Energy Minister Aleksandar Antić has signed agreements with representatives of 24 local governments to receive a total of RSD 325 million (around EUR 2.76 million) from Serbia’s budget fund for improving energy efficiency. The energy efficiency funds have been allocated to Trgovište, Surdulica, Subotica, Bela Palanka, Majdanpek, Alibunar, Zemun, Svilajnac, Raška, Kanjiža, […]
Serbian power futures begin trading
The European Energy Exchange (EEX) has registered the first trade in Serbian power futures, the Serbian power exchange, SEEPEX, announced today. EEX registered the first trade in Serbian power futures, specifically a monthly future for July, at the price of EUR 51.45 per MWh, SEEPEX said. The first trade in Serbian power futures, specifically a […]
METKA EGN acquires 260 MW solar PV project in Australia
Greek EPC contractor METKA EGN has announced the acquisition of a 260 MW solar photovoltaic (solar PV) project in Australia, the subsidiary of Greek industrial giant Mytilineos Holdings said in a statement. “Following the opening of our office in Melbourne in 2018, we are pleased to have closed the acquisition of a first 260MW solar […]
IRENA: SEE region yet to realise full potential of energy transition
Energy transition in South-East Europe is slowly but steadily gaining momentum as costs of investment in solar PV and onshore wind projects are declining significantly. Electricity produced from renewables is on the verge of becoming less expensive than electricity produced from fossil fuels, and the region should embrace this opportunity, it was said at the […]
European Commission: Turkey makes good progress on renewables, energy efficiency
Turkey is moderately prepared in the area of energy, according to the European Commission’s latest report on the country in view of EU enlargement. Good progress has been made on security of supply, renewable energy, and energy efficiency, the European Commission said. In the coming year, Turkey should in particular: adopt legislation in line with […]
First trades in Slovenian, Bulgarian power futures registered
The European Energy Exchange (EEX) has registered the first trade in Slovenian power futures, as well as the first trade in Bulgarian power futures, according to news releases from BSP SouthPool Energy Exchange, the Slovenian power exchange, and the Independent Bulgarian Energy Exchange (IBEX). The EEX launched Slovenian, Bulgarian, and Serbian power futures on June […]
Project scrapped to build HPP Hrastje-Mota over negative environmental impact
The Slovenian government has halted preparations to produce a national spatial plan (DPN) for the Hrastje-Mota hydropower plant (HPP), the first that was planned on the Mura river. Numerous NGOs, which had been opposing the construction of the HPP over its negative environmental impact, welcomed the decision. However, the project developer, HSE Group, said that […]
Romania mulls carbon price compensation scheme
The Romanian government is considering introducing a scheme for offsetting the cost of the EU Emission Trading System (EU ETS), but details have not yet been announced, local media reported. The scheme would be available to all companies that are obliged to hold emission allowances. The price of these certificates has increased sharply in the […]