Greece asks EU to approve state aid for 680 MW pumped storage project

GEK Terna is building two pumped storage hydropower plants and artificial lakes in Amfilochia in western Greece that will use an existing lower reservoir. The government filed its support scheme with the European Union’s competition authorities for clearance. The Ministry of the Environment and Energy of Greece has submitted a request to the European Commission […]

Hungary, Serbia set to double power interconnection capacity

Hungary and Serbia plan to double their cross-border power interconnection capacity and exchange, according to Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó. Increasing the interconnection capacity will enable electricity balancing between the two countries, Serbian Mining and Energy Minister Aleksandar Antić said following a meeting with Szijjártó in Budapest. Hungary has a strong […]

Energy transition is region’s development opportunity, experts say in REPCONS survey

The energy transition is a development opportunity for the region, and the key factors for its implementation will be the European Union’s influence on local politicians as well as the downward trend in costs for wind and solar photovoltaic (PV) power plant technology, according to experts from Bosnia and Herzegovina, Montenegro and Serbia. They expressed […]

China inks first deal for three HPPs in Srpska in BiH worth EUR 100 million

Prime minister of the Republic of Srpska Radovan Višković has reached the initial agreement on installing three hydropower plants on the Bistrica river with 45 MW in combined capacity. AVIC-ENG – China National Aero-technology International Engineering Corp. accepted the assignment and its chairman Suo Shuhe signed the agreement. During a working visit to the world’s […]

Most read in November: DiCaprio, Manu Chao join fight against SHPPs, conference on RES in district energy, Croatia’s first geothermal power plant

The support from Leonardo DiCaprio and Manu Chao for the initiative to ban the construction of small hydropower plants on Vjosa River in Albania and the part of the Balkan mountain range in Serbia was the most popular last month among our readers. Also check out the top three list for the part of our […]

CEZ receives over 30 letters of interest for Romanian assets

Czech energy group CEZ has received more than 30 expressions of interest for its Romanian assets, which include Europe’s largest on-shore wind farm, the 600 MW Fantanele-Cogealac, and plans to invite prospective buyers to submit non-binding bids in December. The filing of binding offers is planned for the second quarter of 2020, while the transaction […]

Electricity November 14, 2019