EIB approves loan for CHP plant in Sofia
The board of the European Investment Bank (EIB) has approved a EUR 45 million (USD 53 million) loan to the municipality of Sofia for the construction of a combined heat and electric power (CHP) plant. Once built, the plant will operate as part of the Bulgarian capital’s central heating network, local media reported, quoting an EIB […]
Renewable sources of energy in Bosnia and Herzegovina: issue of (un)sustainability
Author: Nihad Harbaš, Energy and climate change consultant Do we really know how much energy we generate and use in B&H? Consumption or use of energy in Bosnia and Herzegovina (B&H) is unknown, although data on the annual consumption of about 140 PJ can be found. Although this sounds unbelievable at first, the energy balances […]
EPS completes Đerdap 1 unit revitalization, ups capacity by 60 MW
The overhaul of four units of hydroelectric power plant Đerdap 1 has increased the plant’s installed capacity by 60 MW, which will result in its electricity generation increasing by 90 million kWh, or 2% of last year’s production. Having completed the revitalization of hydro generators A4, A5 and A6, state-owned power company Elektroprivreda Srbije (EPS) […]
Work on Israel-Cyprus-Greece 1520 km electricity link to start in 2018
Work on an electric cable linking the power grids of Israel, Cyprus and Greece is to start in the first quarter of 2018 and is expected to last until 2022. Israeli regulators are expected to give their approval next month, announced Nasos Ktorides, head of the EuroAsia Interconnector project. Greek and Cypriot regulators’ expected approval […]
New energy strategy of Croatia in 2018
Croatia’s long-awaited energy strategy should be prepared next year. Experts warned that this strategic document is one of the conditions for withdrawing money from the EU funds dedicated to the energy sector. Minister of Environment and Energy Tomislav Ćorić announced at the 5th Energy Market Forum, organized by Poslovni dnevnik, the launch of energy strategy document […]
Shell to expand from wholesale to retail electricity market in Turkey
The Shell company is getting ready to enter the electricity retail market in Turkey after three years of operations in the wholesale market, Turkish media reported adding that the company will focus on industrial consumers. The company operates its natural gas and electricity supply in Turkey as Shell Energy and has had a presence in […]
Bulgarian and Romanian transmission system operators signed emergency power supply agreement
Bulgarian and Romanian electricity transmission system operators have signed an agreement for emergency power supply in case of accidents that can threaten their supply systems, Bulgarian Ministry of Energy announced. The agreement was signed on October 3, at a meeting in Varna, by Electricity System Operator of Bulgaria and Romanian Transelectrica CEOs and in the […]
Norwegian power group Statkraft selling Cetin hydropower plant to Turkish Limak Enerji
The Turkish power company Limak Enerji has bought the partly constructed Cetin hydropower plant from the Norwegian energy group Statkraft, the Turkish Anadolu news agency reported on it Energy Terminal site quoting Norwegian company officials. Statkraft said security concerns caused it decide to pull out of the hydropower plant project on the Botan river, which […]
