Higher electricity prices possible in Federation BiH on higher incentive fees
The incentive fees for renewable energy sources and cogeneration plants should be increased, said the new head of the Operator for renewables and cogeneration in Federation of Bosnia and Herzegovina. The Government of Federation of Bosnia and Herzegovina (FBiH) is expected to decide on amount of incentive fees aimed at boosting electricity production from renewable […]
Energy Community announces measures to support Western Balkans regional electricity market
The Energy Community Secretariat has published today the Work Programme for the provision of technical assistance to Western Balkan 6 Contracting Parties for supporting the creation of a regional electricity market. It is aimed at removing the existing legislative and regulatory barriers and enhancing the institutional structures necessary for the functioning of the market in […]
Electricity suppliers in Croatia demand market prices
Electricity suppliers in Croatia demand from the Government to ensure the purchase of electricity from renewable sources at market prices. Gathered together to criticize the amendments to the law that will provide higher incentives for renewable energy producers, the electricity suppliers have warned that such an energy policy could destroy the market and increase the […]
Montenegro finishes laying its part of underwater power cable with Italy
Montenegro has finished laying its part of the underwater power cable with Italy. The operation ended near the cape of Jaz, where a substation is being built. Montenegro is set to become a regional hub for transfer of electricity between Western Europe and Western Balkans, once the entire project is finished in 2018. The laying […]
Croatian HEP wins auction for transfer of electricity from renewables in Slovenia
Croatian state-owned utility company Hrvatska elektropivreda d.d. (HEP) has won the auction in Slovenia for the transfer of electricity from renewables for the entire ECO Group during 2017. HEP will be licensed to transfer all the electricity generated in the power plants that are part of the ECO Group system during the course of 2017. […]
Romanian Hidroelectrica sees healthy profits, plans investments
Hidroelectrica SA has some bold plans for the coming years, as the state-owned hydropower company returned from the brink of bankruptcy to become one of the most profitable companies in Romania. The company has plans to invest over EUR 500 million into modernisation in the next five years. The president of the Board of Directors […]
EU’s ambitious goals in the 2030 energy strategy package
The European Commission has presented an ambitious energy strategy, dubbed “Clean Energy for All Europeans” with plans to cut carbon-dioxide emissions by at least 40% before 2030. The proposed legislation covers energy efficiency, renewable energy, the design of the electricity market, security of electricity supply and governance rules for the Energy Union, and a strategy […]
EPS Supply electricity trade under investigation
The police launched an investigation into Electric Power Industry of Serbia (EPS) due to the suspicious commercial electricity trade conducted by the former company EPS Supply (EPS Snabdevanje) . After the internal control of the state-owned company revealed that there is a suspicion about corrupt activities due to which EPS has lost about 300 large […]
