World Bank’s loan to support electricity supply tariff rises in Serbia

World Bank (WB) EUR 160.6 million loan provided to Serbia will, among other activities, support public power utility Elektroprivreda Srbije (EPS ) in achieving increased convergence of the guaranteed electricity supply tariff to reach market parity levels. The percentage and the date of the electricity price hike are not determined. According to World Bank’s statement […]

EU report: Southern Europe’s fossil fuel power plants contradict European markets’ pattern

In the fourth quarter of 2017 low water levels in the Balkans negatively affected wholesale electricity prices in Hungary and Slovenia, but also in Romania and Serbia, while fossil fuel based electricity generation in the Southern Europe secured profitability contrary to the case in the European markets, the European Commission’s latest Quarterly report on European […]

Croatia increased fee for renewable energy after four years

After four years, Croatia increased the incentive fee for renewable energy sources that is payed by citizens through electricity bills. The fee is increased from EUR 0.47 per kilowatt hour (kWh) to EUR 1.42 per kWh. The Croatian government decided to increase the fee on August 31. The decision came into force on September 1. […]

Renewables September 4, 2017

Private suppliers of power offer firms 20% lower prices

Although the electricity market in Bosnia and Herzegovina is open to all customers from the beginning of the last year, it seemed that there is not much interest among companies and citizens to replace traditional suppliers such as power utilities. However, recent trends show firms are increasingly starting to think about changing, particularly since a […]

News May 23, 2016