Romanian manufacturers seen tapping on EU’s high-efficiency CHP subsidies to cut energy costs
Romanian manufacturers are increasingly seeking new solutions to cut electricity costs, including through the European Union’s (EU) subsidies for building high-efficiency cogeneration (CHP) facilities for the production of energy for their own manufacturing activities, according to Business Review, a Romanian business news website. Under the financing axis 6 of its Operational Program for Large Infrastructure […]
Downward trend in industry prices in Energy Community ends in 2018 – ACER report
The upward trend in final household prices in the Energy Community Contracting Parties continued in 2018, while final industry prices increased on average in 2018 after several years of continuous decrease, the ACER Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets in 2018 finds. The Market Monitoring Report (MMR) […]
Electricity prices for households in Serbia to go up 3.9% on December 1
Electricity prices for households in Serbia will be increased by 3.9% on December 1, while prices for industrial consumers remain unchanged, according to energy minister Aleksandar Antić. The Energy Agency of the Republic of Serbia (AERS) has approved the price hike and it will reflect on December electricity bills, which households receive in January, the […]
Electricity market liberalization lowers prices by 32% in North Macedonia
The electricity market liberalization has decreased prices for small commercial customers by about 32%, said Marko Bislimoski, president of North Macedonia’s Energy Regulatory Commission, local media reported. These consumers became eligible to choose their supplier from January 1 this year, and they are using the opportunity. Bislimoski said that the price they paid before January […]
Serbia needs to hike electricity prices, but not before reforming EPS – Fiscal Council
Serbia’s state power utility Elektroprivreda Srbije (EPS) must step up investments in order to boost production capacities and meet environmental protection standards, which requires first implementing the company’s long-delayed reform and reducing power distribution losses, slashing or aborting the channeling of EPS’ profits into the state budget, and only then increasing electricity prices, according to […]
Electricity prices across the region to increase by up to 40% in 2019
Electricity prices for businesses went up in Croatia this year, while hikes have been announced for 2019 in Serbia, of about 20%, and Bosnia and Herzegovina (BiH), of around 15%. At the same, wholesale prices in Romania could increase by 40%. Electricity supply for the business segment in the region has been liberalized, and state […]
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 […]
Households in Serbia and Kosovo* paid the lowest energy prices in Western Balkans
Households electricity prices in Serbia and Kosovo* are the lowest in the Western Balkans region, though both countries had the highest increase between the first half of the 2016 and first half of this year, the Eurostat data showed. Expressed in euro, the average electricity price per 100 kWh in the 1st half of 2017 […]