Gov’t, investor committed to Kosova e Re, as World Bank pulls support for coal-fired power plant project
After the World Bank announced that it will not support a 500 MW Kosova e Re coal-fired power plant, Kosovo’s* government and the US-based ContourGlobal reaffirmed their commitment to completing the project. Kosovo* currently generates almost all of its electricity from two coal-fired power plants, but power shortages are not rare, and imports account for […]
Energy Community finds distortions of state aid rules regarding Kosova e Re power plant
The Energy Community Secretariat believes that several elements of the power purchase agreement signed between the Kosovo* Government and the US-based ContourGlobal for 500 MW Kosova e Re power plant constitutes state aid. In the meantime, Reuters reported that the World bank has not confirmed it will back the project as it announced earlier. According […]
Producers, Associations establish National Energy Chamber
Legitimate representation and protection of the interests of the energy companies in Bulgaria are the leading priorities of the newly founded National Energy Chamber (NEC). Its establishment was officially announced during an energy event organised by Economedia in Bulgaria’s capital Sofia on March 22, Publics.bg portal reported. It groups renewable and conventional energy producers and […]