Novi Sad to get its second cogeneration facility

The public heating utility Novosadska Toplana is planning to build a second cogeneration energy plant this summer to produce electricity and heat energy as part of the reconstruction of the TO Jug heat facility with production of heat and electric energy expected in May 2019, Balkan Green Energy News was told by that company. This […]

Regional electricity markets’ outlook for the near future

Author: Dejan Drašković, Chief Operating Officer, Montenegrin Power Exchange Since their emergence, power exchanges have become staunch promoters of market development: neutral entities advocating transparent electricity price formation, based on the current supply and demand. In order to find and secure liquidity, exchanges quickly started taking part in cross-border projects so as to carry out market […]

EC asked Bulgaria to comply with Third Energy Package

Arguing that Bulgaria has not transposed Third Energy Package electricity and gas directives into its national legislation, the European Commission asked Bulgaria to comply with the legislative package and correctly implement two directives concerning the common rules. Bulgaria now has two months to transpose the directives into its national legislation. Otherwise, the Commission may decide […]

Oil company Jugopetrol eyeing electricity generation from renewable energy sources in Montenegro

Montenegro-based oil company Jugopetrol will try to expand its energy portfolio and to assess the potential of Montenegro in the production of electricity from renewable energy sources, which is its area of interest for investment, said Antonis Semelides, executive director at Jugopetrol. ’Jugopetrol, owned by Greece’s Hellenic Petroleum, has already announced plans to transform from […]