EPS is worth up to EUR 14 billion, shouldn’t be sold
Branko Kovačević, chairman of the Supervisory Board of the Electric Power Industry of Serbia, told daily Politika the state-owned utility expects a possible capital addition. Asked about a recent dispute with Tony Verheijen, head of the World Bank in the Balkan country, he added the developments can point to the intention to sell the enterprise, but […]
Contract for Trans-Balkan Electricity Corridor signed
Minister of Economy Vladimir Kavarić said good energy connectivity is necessary for future investments in the energy sector and free flow of energy through the country. That brings Montenegro financial and strategic benefits, he added at a press conference about the construction of the Trans-Balkan Electricity Corridor – Section Montenegro, funded by the European Union […]
Study for Kostolac wind park to be done by October
Predrag Đorđević, manager for key investment projects at Electric Power Company of Serbia (EPS), said the feasibility study for the planned wind park in Kostolac would be finished by October. In an interview for the June issue of Energija, the state-owned utility’s magazine, he added the development of the main design will ensue, followed by the preparation of […]
Government in Ankara boosts transmission, distribution
More than TRY 5.6 billion (EUR 1.66 billion) was invested in the electricity transmission and distribution sector in Turkey last year, according to data released by the Energy Market Regulatory Authority (EMRA). Anadolu Agency’s Energy News Terminal reported 21 of the private electricity distribution companies invested more than EUR 1 billion. About 50% of investments […]
GIZ to promote renewable energy sources in BiH
The German government supports Bosnia and Herzegovina in the field of renewable energy sources through various financial arrangements through the KfW Development Bank, said Operator za OIEiEK, authority for renewable energy sources and efficient cogeneration. Based on the requirements of governmental institutions in BiH, Germany’s Federal Ministry for Economic Cooperation and Development (BMZ) has approved […]
Balkan countries sign up to Sustainability Charter
The six contracting parties from Southeastern Europe agreed on the Sustainability Charter at the Western Balkan 6 Summit in Paris, Energy Community said. Underlining the need to improve the health situation and prosperity in the region, their governments agreed to upgrade the effort to tap into energy savings and renewable energy generation potential, according to […]
Germany eyes projects in noninterconnected islands
Ministers Panos Skourletis, responsible for energy, and Giorgos Stathakis, who runs portfolios of economy, development and tourism, signed agreements with visiting German vice chancellor Sigmar Gabriel for the provision of knowhow from Europe’s largest economy to support renewable energy in Greece, especially in the noninterconnected islands, and to promote exports. The deal followed an energy […]
Green power capacity falls 9.5% in four months
Romania saw the production capacity for electricity from renewable sources decrease by 9.5% or 489 MW this year through the end of April, to 4.65 GW, data centralized by power grid operator Transelectrica show. A report by Act Media said wind farms had 2.93 GW, photovoltaic facilities had 1.31 GW, while there was 313 MW installed […]
