Croatia launches project to upgrade power grid
The Croatian Ministry of Environmental Protection and Energy published an advertisement for the direct allocation of a project to introduce advanced IT networks into the distribution system operator (DSO) HEP – ODS company which supplies power to the population and companies across the country. HEP – ODS is subsidiary of the power utility Hrvatska elektroprivreda […]
Montenegro accelerates takeover of A2A shares in EPCG
The Government of Montenegro intends to increase the ownership in public power utility Elektroprivreda Crne Gore (EPCG) in May from 57,01 to 70,16%, instead of initially planned 63%. This is envisaged by the Proposal of the Contract on the execution of put option, which the Montenegrin Government adopted and submitted it to the National Assembly, […]
Energy minister announces reorganization of public utility ERS
Public utility Elektroprivreda Republike Srpske (ERS) will have to go through major transformation in the first half of 2019 in order to become even more efficient in its business, the Bosnian Serb entity’s Minister of Industry, Energy and Mining Petar Đokić said. According to media reports, he noted that two major obstacles to ERS’ development […]
World Bank’s loan to support electricity supply tariff rises in Serbia
World Bank (WB) EUR 160.6 million loan provided to Serbia will, among other activities, support public power utility Elektroprivreda Srbije (EPS ) in achieving increased convergence of the guaranteed electricity supply tariff to reach market parity levels. The percentage and the date of the electricity price hike are not determined. According to World Bank’s statement […]
EU report: Southern Europe’s fossil fuel power plants contradict European markets’ pattern
In the fourth quarter of 2017 low water levels in the Balkans negatively affected wholesale electricity prices in Hungary and Slovenia, but also in Romania and Serbia, while fossil fuel based electricity generation in the Southern Europe secured profitability contrary to the case in the European markets, the European Commission’s latest Quarterly report on European […]
Report: Energy Community countries’ shift in day-ahead markets development
The Western Balkans 6 (WB6) countries shifted from activities to develop national day-ahead markets towards finding an efficient solution that will secure rapid introduction of day-ahead market processes and coupling with neighboring markets, the Energy Community (EnC) Secretariat said in its latest WB6 report on electricity. However, overall the report sees very limited progress since […]
Terna to complete Italy-Montenegro power line by end-2019, halves initial capacity
Italian energy company Terna has said it plans to complete the Italy-Montenegro electricity interconnector project by the end of 2019, slipping the project conclusion from the previously targeted date in 2018, while also halving the planned initial capacity to 600 MW, according to reports. The submarine cable has been laid, receiving points completed, and the […]
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 […]