Bulgaria to add 2.65 GW of renewables capacity by 2030
In its draft Sustainable Energy Development Strategy until 2030 with a 2050 horizon, Bulgaria doesn’t envisage the shutdown of its coal power plants. The government said efforts would be made in green energy, innovation, energy efficiency, nuclear sources and gas to ensure energy security. Within the decarbonization push, Bulgaria revealed a goal of installing 2.65 […]
Energy transition in BiH: burden or chance for development
Experts Damir Miljević, Nikola Rajaković and Igor Kalaba called for reform and the beginning of the energy transition away from coal in BiH. The new analysis indicates the process would be the most cost effective if started right away. Bosnia and Herzegovina (BiH) must begin the energy transition process in earnest as soon as possible […]
Outrage in Skopje over destruction of river for small hydropower plant
Locals are complaining about damage to the landscape amid works on the first of the three planned small hydroelectric units in Skopje territory. Eko-svest demands the construction on the Markova reka to be halted and all such projects to be suspended until a review of concessions is conducted. Eko-svest condemned the destruction of the upper […]
Montenegro awards deal to EPCG for hydropower plant Komarnica
State-owned power producer Elektroprivreda Crne Gore got the right to build Montenegro’s first hydroelectric station in four decades and run it for up to 60 years. Hydropower plant Komarnica will cost EUR 260 million to EUR 290 million, more than in the previous official estimate. Minister of Economy of Montenegro Dragica Sekulić handed the concession […]
Slovenia approves EUR 12.7 million for unfinished infrastructure at HPP Brežice
The Slovenian government has approved an additional EUR 12.7 million to complete the unfinished infrastructure at hydropower plant (HPP) Brežice on the river Sava and extended the time frame for the works until the end of summer 2022. The unfinished infrastructure works that need to be completed concern nature protection measures as well as flood […]
Zorlu Energy merging its geothermal, renewables businesses for IPO
Zorlu Enerji Elektrik or Zorlu Energy intends to establish a renewables subsidiary and prepare it for an initial public offering. The new company, Zorlu Yenilenebilir Enerji, will focus on geothermal projects, according to the agenda prepared for the general assembly next month. Zorlu Jeotermal Enerji Elektrik, Zorlu Doğal Elektrik and Rotor Elektrik, fully owned subsidiaries […]
Energy Community urges BiH to scrap feed-in tariffs for hydropower
Renewable energy installations of a maximum of 500 kW and demonstration projects are the only ones eligible for feed-in tariffs as state aid, the Energy Community Secretariat told officials in BiH, pointing to continued government support for larger hydropower projects. The Federation of Bosnia and Herzegovina proposed the reduction of feed-in tariffs for renewables, which […]
ERS risks failure of Bistrica hydropower plants project on lack of funding
ERS claims it would extend deadlines for the three hydropower plants on the Bistrica, citing force majeure due to the COVID-19 pandemic issues. Contractor AVIC-ENG from China is said to have the option to terminate the contract if funding isn’t found in less than two months and to keep the advance payment. Elektroprivreda Republike Srpske, […]