Electricity consumption in Romania increases by 8.5%
As local companies used 10.6% more energy, electricity consumption rose 8.5% in the first quarter of the year, data from the National Statistics Institute (INS) showed, according to a report published by Romania Insider. Public lightning was up 1.8%, while individual consumers used 2.4% more electricity. Total production rose by 0.3% year on year, to […]
Coupling Croatia with Slovenia may take until end of 2017
Estimates for day-ahead market coupling of Croatia with Slovenia are being revised to be set for the final quarter of next year. ICIS portal revealed it obtained information the schedule initially determined for the second half of 2016 was off and that the possible hike in prices in Croatia may be postponed. Integration with the […]
Electricity consumption lowered by one fifth in April
Last month households in Montenegro consumed 87 GWh of electricity, 20.6% less than in the previous month and 9.5% under the level from April of last year, state-owned utility Electric Power Company of Montenegro (EPCG) stated on its website. The average electricity bill for households, excluding non-read metering points in buildings not permanently resided, amounted […]
Electricity distribution to be fully privatized by 2020
Energy and natural resources minister Berat Albayrak announced electricity distribution in Turkey will become fully privatized by 2020 and that distributer companies will be followed closely by the ministry, Daily Sabah reported. He stressed a special office under the ministry will follow the distributors, and that the ones that duly perform their duties will be supported, while […]
Enel overhauling electrical grid in Bucharest
Simco International Impex, an energy services company, has won a EUR 1.5 million contract to carry out investment and maintenance works on low-voltage and high-voltage public lighting networks in Bucharest, networks leased to Enel, according to a report published on Nine o’Clock portal. Enel Distribuţie Muntenia, the contracting authority, points out one third of the works can […]
Tekno Group opens largest solar power plant in Turkey
Tekno Ray Solar, with its Italian partner Enerray, opened Turkey’s largest photovoltaic facility, which in the first stage has production capacity of 18.5 MW. It is located in the central Anatolian province of Konya. The plant, planned for 22.5 MW, will meet electricity demand of more than 20,000 households, the company said in a press release. The […]
Attractiveness of Turkish market growing with renewables
Turkey, despite the problems in the surrounding Middle Eastern region, is a good country to make energy investments, according to the head of Energy Council of Foreign Investors, Anadolu Agency’s Energy News Terminal reported. Mario Diel said in an interview that domestic electricity and natural gas markets are new, developing and ripe for foreign investors to profit. He […]
First licences for electricity trading issued to non-Croatian companies in Croatia
By Vanesa Vujanić, Attorney-at-Law and Partner at Vujanić Law Office Surely, one of the reasons for up to date more timid entrance of foreign electricity trading companies to the Croatian wholesale electricity trading market was a prerequisite for such companies to establish Croatian subsidiary in order to obtain electricity trading license from the relevant authority, i.e., […]