ERS unit gets loan from EBRD for smart grid project
Power distribution company Elektro-Bijeljina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), has signed a EUR 15 million loan agreement with the European Bank for Reconstruction and Development (EBRD) for the reconstruction of the medium and low-voltage power network in Elektro-Bijelijina’s distribution area and the installation of smart meters. The loan to finance […]
Turkey sets roadmap to smart grids, plan worth over EUR 4 billion
Turkey plans to replace at least 80 percent of its current electricity meters with smart meters by 2035. It will cost EUR 4,3 billion (TRY 21 billion). Turkey’s Energy Market Regulatory Authority (EMRA) and Association of Distribution System Operators (ELDER) set a plan for this transition. The main goal is to ensure the provision of […]
Slovenia and Japan’s NEDO sign smart grid agreement
Slovenia and Japan signed a memorandum of cooperation to coordinate research and demonstration actions for smart grid projects and smart community, and to facilitate cooperation with the state-owned transmission operator. Slovenian Ministry of Economic Development and Technology’s Aleš Cantarutti and the New Energy and Industrial Technology Development Organization (NEDO) chairman Mr. Kazuo Furukawa, signed the […]
Enel to invest EUR 200 million in digitalisation in Romania
Italian energy company Enel announced plans to invest EUR 200 million in network and equipment digitalisation in Romania, for the 2017-2019 period, according to the newly unveiled business strategy. As a part of a wide corporate changes, Enel Group announced it will invest as much as EUR 4.7 billion in digitalisation of its asset base, […]
Government in Ankara boosts transmission, distribution
More than TRY 5.6 billion (EUR 1.66 billion) was invested in the electricity transmission and distribution sector in Turkey last year, according to data released by the Energy Market Regulatory Authority (EMRA). Anadolu Agency’s Energy News Terminal reported 21 of the private electricity distribution companies invested more than EUR 1 billion. About 50% of investments […]
Siemens hired for construction of substation
Electric Power Industry of Serbia (EPS) and Siemens d.o.o. reached an agreement on the construction of 110/10 kV substation Beograd 23 – Autokomanda worth EUR 7.67 million. The contract was signed by acting head Milorad Grčić and chief executive Udo Eichlinger, respectively. EPS’s priorities are the modernization of the system, improving efficiency and raising quality […]
Electricity distribution to be fully privatized by 2020
Energy and natural resources minister Berat Albayrak announced electricity distribution in Turkey will become fully privatized by 2020 and that distributer companies will be followed closely by the ministry, Daily Sabah reported. He stressed a special office under the ministry will follow the distributors, and that the ones that duly perform their duties will be supported, while […]