Macedonia taking steps to market-based support scheme for renewables
Macedonia has recently taken legislative steps toward introducing a market-based support scheme for renewable energy, as well as prosumers that would produce electricity for self-consumption and feed surpluses to the grid. The 2018-2020 Economic Reform Program (ERP), produced as part of the country’s EU accession process, provides a timeline for preparing implementing regulations and carrying […]
Germany’s WPD eyes EUR 100 million wind farm investment, government announces tendering
Vjetroelektrana Budva has submitted a request for opening a tendering procedure for the construction of a wind farm at the Brajići locality in the Budva and Bar municipalities, the Montenegrin government has announced, adding that it authorized the line ministries to prepare tendering documents and issue a public invitation of bids. According to a document […]
BSTDB initiates first energy efficiency facility in Romania
The Black Sea Trade and Development Bank (BSTDB) has secured a EUR 7 million revolving facility for Garanti Consumer Finance, a Romanian non-banking financial institution, to finance energy efficiency, renewable energy, and water-saving solutions in the Romanian residential housing sector, the BSTDB said in a press release. The BSTDB’s first facility of the kind is […]
EPS reports net profit of EUR 28.8 million, distribution subsidiary EUR 20.3 million in 2017
Public power utility Elektroprivreda Srbije (EPS) made a net profit of around RSD 3.4 billion (about EUR 28.8 million) in 2017, according to the unconsolidated audited financial report posted on the company’s website. In 2017, EPS bought RSD 11.4 billion (some EUR 96.6 million) worth of electricity on the domestic market, about RSD 5.9 billion […]
Romania moves to not tax prosumers feeding surplus energy into grid
The Romanian parliament has adopted a law enabling prosumers with small renewable energy systems to secure self-consumption and deliver surplus energy to the grid without having to obtain any authorization or pay taxes on the energy, the Romanian Ministry of Energy has said in a statement. Romania needs small energy producers that will be able […]
HSE’s net profit plunges 56% in 2017 as electricity production shrinks 10%
Slovenian state power utility Holding Slovenske Elektrarne’s (HSE) net profit in 2017 dropped 56% against 2016, to EUR 19.7 million, as a result of a 10% year-on-year decrease in electricity production, according to HSE’s annual report. HSE’s total electricity production in 2017 was 7,034 GWh, down from 7,778 GWh in 2016. Output at HSE’s hydropower […]
Republika Srpska government proposes new energy sector development strategy until 2035
The government of Republika Srpska, the Serb entity of Bosnia and Herzegovina, has adopted a proposal of the energy sector development strategy until 2035, focusing on the security of supply and the creation of a sustainable and competitive energy sector, local media reported. The document, which has been sent to parliament for a fast-track procedure, […]
FBiH government proposes bill to strengthen polluter pays principle
The government of the Federation of Bosnia and Herzegovina (FBiH) has proposed a bill seeking to strengthen the polluter pays principle and more clearly define the energy efficiency activities of the Environmental Protection Fund, including by renaming it the Environmental Protection and Energy Efficiency Fund. The polluter pays principle envisaged under the bill on the […]
