EPS not to raise electricity price for the time being, energy minister says

Serbia’s public power utility Elektroprivreda Srbije (EPS) will not raise electricity prices over the coming period, Minister of Mining and Energy Aleksandar Antić has said, noting that Serbia is “defending the electricity price” before the International Monetary Fund (IMF) and the World Bank by citing EPS’ “good business results” and a favorable energy mix that […]

Electricity October 2, 2018

EDP Renewables opens energy storage for Cobadin wind farm

Renewable energy company EDP Renewables (EDPR) has opened a pioneering facility for the battery-based storage of wind energy produced at its Cobadin wind farm in Romania, EDPR said on its website. The Stocare Project, as this EDPR venture has been named, represents the first energy storage undertaking in Romania, according to the company’s website. When there […]

Renewables October 1, 2018

Hidroelectrica to have EUR 800 million budget for HPP upgrades by 2020

State-owned power utility Hidroelectrica will have EUR 800 million at its disposal by 2020 to modernize the hydropower plants (HPPs) it currently operates, according to Romania’s draft Energy Sector Strategy for the period 2018-2030 with projections until 2050, local media reported. The strategic document also envisages EUR 2.5 billion in investments for completing new hydropower […]

Electricity September 28, 2018