Croatia’s HEP Group posts EUR 184 million net profit for 2018
Croatia’s state-owned energy company Hrvatska Elektroprivreda (HEP Group) reported a net profit of HRK 1.36 billion (around EUR 184 million) in 2018, an increase of 5% compared to 2017. The profit came from the group’s electricity business, with losses seem in other segments of operations, according to HEP Group’s annual report. HEP Group posted an […]
Greece’s new energy minister, Kostis Hatzidakis, announces rescue plan for PPC
Not 24 hours after the polls closed in Greece, the new prime minister, Kyriakos Mitsotakis, has unveiled his cabinet. New Democracy Vice President Kostis Hatzidakis will lead one of the two key ministries – of the environment and energy. The new Greek Environment and Energy Minister Kostis Hatzidakis’ key task will be to tackle the […]
Romania to allow investors to trade electricity from projects under development
Romania’s legislation will be amended to allow investors in energy projects to trade electricity to be generated by projects under development, in order to enable them to raise financing for their investments, Romania Insider reported. Investors in energy projects, particularly those in renewable energy projects, have been urging Romania’s authorities since 2012 to enable them […]
Barrier analysis and derisking RES in Serbia: Study Results
Author: Maja Turković, expert in sustainable energy & renewables and country partner on WeBET project The Western Balkans Energy Transition Dialogue (WeBET) project, together with the NewClimate Institute, has carried out research on the capital cost challenge for renewables in Serbia. Maja Turković, an expert in sustainable energy & renewables and country partner on the […]
European Commission: North Macedonia moderately aligned on energy, makes limited progress in environment-related laws
North Macedonia remains moderately aligned with the EU acquis in the field of energy, while making limited progress in further harmonizing some environment-related laws and policies. At the same time, the alignment of the climate-related rules is still at an early stage, according to the European Commission’s latest report on the country’s alignment with the […]
Montenegro registers 10 days of coal-free electricity generation
Montenegro produced enough electricity to cover domestic consumption from renewable energy sources only from May 24 to June 2, 2019, for the first time ever going coal-free for 10 days, the Government of Montenegro said in a press release. During the period, coal-fired power plant Pljevlja was not operating, yet Montenegro produced around 82 million […]
European Commission: Albania should urgently diversify away from hydropower, properly conduct environmental assessments
Albania is moderately prepared in the area of energy, according to the European Commission’s latest report on the country’s alignment with the EU acquis. Albania’s national energy strategy 2018-2030 has been adopted, the Chapter 15 section of the report notes. However, the country has delayed electricity market reforms and should accelerate implementation of the connectivity […]
Top 3 in May: Smart Cities, Biodiversity, Bulgaria’s electricity export tariff
Our coverage of the Smart City SEE19 international conference held in Belgrade made it to the number one spot on our English-language Top 3 Most Read list for May. The list is also available for our portal’s Serbian/local language version. 1 – Smart city concept: digitalization, e-mobility, renewables, smart grids Urban sprawl requires and is […]
