Industry saving EUR 48 million per year on green power costs
As earlier this month the European Commission approved Bulgarian state aid system of support for generation of energy from renewable sources from 2011, the measures will be implemented retroactively, from August last year through 2020. Over two hundred companies are going to save BGN 94 million (EUR 48 million) per year or EUR 255.5 million […]
EPBiH to get Podveležje wind power plant site online
Bajazit Jašarević, chief executive of Elektroprivreda Bosne i Hercegovine dd (Electric Utility of Bosnia and Herzegovina – EPBiH), and Senad Salkić, chief capital investment officer of the utility, signed a contract on connecting wind park Podveležje to 110 kV transmission network with Matan Zarić, head of Transco (Elektroprenos-Elektroprijenos BiH ad), and Cvjetko Žepinić, its director […]
Antić: Serbia is not selling EPS
Officials denied speculations the Government of Serbia hired domestic Energoprojekt Entel and the Economics Institute to evaluate the assets of Electric Power Industry of Serbia (EPS) in order for the state to be able to sell it. Minister of mining and energy Aleksandar Antić said the aim is to strengthen the enterprise, Tanjug agency reported. […]
EPCG appoints Tonino Maglio executive director
The Montenegrin Electric Power Company (EPCG) said it has appointed Tonino Maglio as its new executive director. Tonino Maglio’s predecessor Stefano Pastori resigned from the position due to health problems, according to a statement on the utility’s website. The state-controlled company stressed its new head has a long working experience in the field of energy. Tonino […]
Končar delivers equipment for substations in Albania
Končar Group said its unit High Voltage Switchgear delivered the equipment for the first phase of the construction of a new 110/35/10 kV transformer station Çorovodë in Albania. The high voltage gear, connecting and suspension material are for a project which Končar Power Plant and Electric Traction Engineering (KET) realized with a local partner for […]
Montenegro expects electricity deficit for three years
Total net deficit of power for consumption in Montenegro will amount to 229.9 GWh (6.5%) next year and 230 GWh (6.3%) in 2018, while in 2019 a shortfall of 209 GWh (5.7%) is expected, shows the government’s document on the long-term energy balance. Purchase of electrical energy because of the deficit, will be carried out […]
Power output eligible for incentives rises 4.6%
Slovenia’s electricity feed-in support scheme for renewable energy sources and high-efficiency cogeneration power plants included 3,899 facilities with an overall capacity of 416 MW at the end of June, power market operator Borzen reported. In comparison, last year was finished with 21 units more and 433 MW. The volume includes 8.9 MW of the TE-TOL […]
Enel wins case brought on by government
The Arbitration Court in Paris ruled against Romania’s state energy holdings administration company SAPE SA in the case for alleged breaches of privatization contract by Italian Enel SpA. The government earlier lost processes involving E.ON and ČEZ, which had also acquired branches of state-owned Electrica SA. The current case was for damages of over EUR […]
