Bulgarian PM proposes electricity transmission JV with Montenegro, possibly Serbia

Bulgarian Prime Minister Boyko Borissov has proposed for Bulgaria and Montenegro to set up a joint venture for electricity transmission, possibly with participation from Serbia, according to local media. Borissov, who made the proposal during his recent visit to Montenegro, where he met Montenegrin Prime Minister Duško Marković and other officials, was quoted as saying […]

Electricity September 10, 2018

Albania won arbitration against Hydro S.R.L. over Kalivac HPP

The Republic of Albania won arbitration over hydropower plant (HPP) Kalivac against Italy’s Hydro S.R.L, Albanian infrastructure and energy ministry announced. The International Court of Arbitration ruled in favor of Albania in a breach of contract in the Kalivac construction case and the Albanian government will receive EUR 172 million in damages. In October 2014, […]

Electricity January 30, 2018

Plastic waste processing in Serbia attracts interest of foreign investors

Representatives of the Italian company Novamont are interested in the development of a system for the processing of plastic waste in Serbia. Earlier this month, the Chinese company Blue Sky officially announced the construction of a plastic waste processing plant in Ćuprija. Italians visited earlier this week S Group, paints and plastic raw materials producer […]

Waste January 26, 2018

Hungary interested in investing in energy capacities of Montenegro

Hungarian companies are interested in investing in Montenegro’s energy sector, said Peter Szijjarto, Hungarian Minister of Foreign Affairs and Trade, during his recent visit to Podgorica. Investing in Montenegro’s energy capacities is of a particular interest to Hungarian companies, the minister said during a meeting with Montenegrin economy minister Dragica Sekulić. According to Szijjarto, Montenegro […]

EPCG joining SEEPEX later this year just the first step in further integration with other power markets

Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro is currently preparing paper work to become member of SEEPEX, licensed Serbian power market operator. CEO of SEEPEX Miloš Mladenović sees this move as mutually beneficial, one which will provide EPCG with safe and stable energy trading platform, along with increased regional presence and improved […]

CROPEX joins Western Balkan 6 electricity market integration initiative  

The Croatian Power Exchange (CROPEX) signed the Western Balkan 6 (WB6) Memorandum of Understanding on Regional Electricity Market Development. By signing the memorandum, CROPEX declared its willingness to participate in the day-ahead electricity market integration project, Energy Community Secretariat reported. The Croatian Power Exchange will join the Programme Steering Committee on day-ahead market integration, whose […]