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 […]

Renewables September 15, 2020

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 […]

ERS, EPHZHB to continue with cooperation on electricity production at PHE Čapljina

Public power utilities Elektroprivreda Republike Srpske (ERS) and Elektroprivreda Hrvatske Zajednice Herceg Bosne (EPHZHB) have agreed to continue with their cooperation on electricity production at pumped-storage hydropower plant PHE Čapljina in 2020. The cooperation in 2020 will be regulated by an agreement worth roughly BAM 100 million (around EUR 51.2 million), under which ERS will […]

Energy Vault – energy storage made of concrete blocks and cranes

Concrete blocks and cranes that is all that you need to store electricity. How? Simple. The crane uses excess energy from renewables to lift concrete blocks, and when the power is required, the crane lifts blocks, and the generator produces it. The process is similar to a pumped-storage hydropower plant (HPP), with water substituted with […]

Electricity September 12, 2019

PPC inaugurates hybrid wind-hydro system on island of Ikaria

Greek power utility Public Power Corporation (PPC) has launched Europe’s second hybrid renewable energy park, combining wind and hydraulic energy with energy storage, and Grid Master Control System solutions, on the Aegean island of Ikaria. The 6.9 MW project has been implemented by PPC Renewables, a subsidiary of the majority state-owned PPC. The first European […]