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 […]
Cheaper electricity from Turkey for Turkish Cypriots seen in the future
The recent agreement between Turkey and Turkish part of Cyprus to supply electricity through an underwater cable has become a threat not only for political solution for the divided island, but also may endanger a progress Cyprus has made in the transition towards a sustainable energy sector. Media reports were expectedly biased over legality of […]
New law on renewables acceptable, still room for improvement
The Association for Wind Energy (RWEA) welcomed the decision of the Romanian Government to change the Law which sets the support system for the production of energy from renewables. According to RWEA, a series of legislative changes introduced since 2013 have affected the support scheme for energy producers in the renewables industry and a new […]