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 […]

Features February 26, 2018

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 […]

AERS approved agreements between national TSO EMS and its regional peers

The Council of the Energy Agency of the Republic of Serbia (AERS) approved the agreements between the public utility Elektromreža Srbije (EMS), national transmission system operator (TSO), and its neighboring peers on the procedure and method of allocating the right to use cross-border capacities and access to cross-border transmission capacities for 2018. TSO EMS signed […]

Electricity December 14, 2017

Croatian Government appointed new HEP’s Supervisory Board

General Shareholders Assembly of the public power utility Hrvatska elektroprivreda (HEP) elected new Supervisory Board, company said in a statement. The General Shareholders Assembly, chaired by Minister of Finance Zdravko Marić, at the proposal of the Croatian Government, revoked the old and appointed new members of HEP d.d. Supervisory Board. Old members were Nikola Bruketa, […]

Electricity December 12, 2017