Business interests of coal, oil, gas, nuclear are main obstacle to 100% renewable electricity worldwide
Serbia has enough potential to cover energy demand with renewables only, including solar, wind, biomass, organic waste, hydropower, and geothermal. The main obstacles to 100% renewable electricity worldwide are the business interests of coal, oil, gas, and nuclear, says Energy Watch Group (EWG) President Hans-Josef Fell, author of the 2000 German Renewable Energy Sources Act […]
Albania’s power generation quadruples in Q3
Albania’s net domestic production of electricity in the third quarter of 2018 almost quadrupled, reaching 1,630 GWh, compared to 418 GWh of electricity generated in Q3 2017, which could boost the country’s economic growth to 4% this year. According to the Albanian Institute of Statistics (INSTAT), public hydropower plants (HPPs) contributed 80%, while independent HPPs […]
Republika Srpska’s electricity balance for 2019-2021 projects annual surpluses of over 1,500 GWh
The Republika Srpska government has passed a decision on the adoption of state power utility Elektroprivreda Republike Srpske’s (ERS) electricity balance for 2019 and a decision on the adoption of ERS’ electricity balance for 2019-2021, projecting significant balance surpluses in the observed period, according to a statement issued following a government session on Monday, November […]
Slovenian blockchain-based energy trading platform SunContract to expand to Italy
Slovenian blockchain-powered energy trading platform SunContract has recently entered into a strategic partnership with Italian energy company Tecnoapp. Under a cooperation agreement signed by SunContract and Tecnoapp, the parties are to work on the market expansion of SunContract Energy Marketplace and decentralization of the energy market in Italy. SunContract is an energy trading platform that directly […]
Hidroelectrica to forge cooperation with Verbund
State-owned Hidroelectrica plans to sign a cooperation agreement with Austria’s electricity producer Verbund, Romanian media reported. The approval of the cooperation agreement between the biggest power producer in Romania and the largest provider of electricity in Austria is on the agenda of the next General Shareholders Meeting planned to take place in October, Romania’s portal […]
All of EPS’ coal-fired power plants will have to meet EU environmental protection standards
Serbian public power utility Elektroprivreda Srbije (EPS) will have to comply with all EU environmental standards concerning its coal-fired power plants, EPS’ supervisory board chairman, Branko Kovačević, PhD, tells Balkan Green Energy News. The long-serving university professor believes that EPS’ electricity production will be based on coal and hydropower, as well as renewable energy sources, […]
GEN-I secures EUR 20 million via bond issued on Ljubljana Stock Exchange
Electricity and gas trading group GEN-I has announced that it has successfully completed the simultaneous issue of a bond and a commercial paper. The issue of the bond has secured the company EUR 20 million, Nova Ljubljanska Banka (NLB) said on its website. GEN-I issued a 45-month bond with an annual interest rate of 2.4% […]
HEP gets green light to build HES Kosinj hydropower complex as part of EUR 500 million project
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) has been given a go-ahead by the Environmental Protection and Energy Ministry for a project to build the HES Kosinj hydropower complex, and it plans to launch preparatory works in 2019, local media have reported. The HES Kosinj project envisages the construction of a reservoir with three dams, […]