PPC begins voluntary layoffs at coal mines with program for 890 workers
The state-owned company PPC managing lignite open pits and thermal power plants in Greece launched the first round of the voluntary layoffs for employees in the fossil fuel business. Workers aged 55 and higher who apply are entitled to compensation of EUR 35,000 each. Minister Kostis Hatzidakis says PPC may let go up to 5,500 […]
Serbia issues draft spatial plan for coal-fired thermal power plant Kolubara B
A public consultation was launched on the draft spatial plan for the special purpose area and the strategic environmental impact assessment report for Kolubara B. Serbia is moving ahead with the development of the coal power plant project, arguing “it is not possible” to replace the fossil fuel with other sources “in the near term.” […]
Public consultation starts on study on TENT thermal power unit in Serbia
Elektroprivreda Srbije is seeking approval for the study on the assessment of the environmental impact of the formal legalization of TENT A. The Ministry of Environmental Protection of Serbia launched a public consultation about the document. EPS is planning to reconstruct blocks A1 and A2 in its TENT thermal power division, claiming pollution would then […]
Enel scraps Romania asset sale plan, insiders tell local media
Anonymous people familiar with the matter revealed Enel is counting on Romania as a strategic market and that the management wouldn’t negotiate about stakes in its businesses in the country. Romania’s state-owned utility Hidroelectrica, which has an ambitious long-term diversification plan, may have to expand without Enel’s assets. The largest foreign investor in the country’s […]
Households in Kosovo*, Serbia have cheapest electricity in Europe
Kosovo* has the lowest gross tariffs for power for households and only Malta has a smaller share of taxes and levies for electricity in whole Europe. Turkey reported the biggest jump in power prices for the second half of 2019 in the continent on an annual basis. The regular semiannual statistical report has shown retail […]
ELES preparing auction to buy power for covering losses through 2023
ELES is receiving suppliers’ applications for baseload products of 10 MW for next year and 11 MW for both 2022 and 2023 to cover losses in electricity. Slovenia’s transmission system operator or TSO said interested parties can submit auction documents by June 3. ELES doo issued a public call for an auction to buy energy […]
Delaying coal phaseout would be expensive for Bulgaria, Romania and Greece
The drop in market prices of power amid the coronavirus crisis opens the way for a less costly closure of thermal power plants that burn lignite. Postponing the coal phaseout in Balkan states would magnify expenses, according to a study released by the Southeast Europe Energy Transition Network. The COVID-19 pandemic sent market prices of […]
Low costs boost demand for renewables during coronavirus crisis
Green energy has been the most resilient to the effects of lockdowns worldwide, said Dave Turk, Acting Deputy Executive Director of the International Energy Agency. The demand for renewables is seen growing 1% this year, while the coronavirus impact may push the level in the overall energy sector as much as 6% lower, according to the […]