HOPS, Siemens sign EUR 5 million contract under Sincro.Grid project

Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a contract on deploying a variable shunt reactor at transformer station TS 400/220/110 kV Melina, as part of the implementation of the EU-backed smart grid project Sincro.Grid, according to a press release on HOPS’ website. The value of the contract to deploy the […]

New Croatian Energy Strategy and Electric Energy Market

Author: Marija Mušec, Partner at Law Firm Bardek, Lisac, Mušec, Skoko d.o.o. in cooperation with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH In May 2019, the Croatian Government proposed a new national Energy Strategy to run until 2030, including an overview to run to 2050. The proposal is currently under public review. The Energy Strategy foresees three […]

Romania to allow investors to trade electricity from projects under development

Romania’s legislation will be amended to allow investors in energy projects to trade electricity to be generated by projects under development, in order to enable them to raise financing for their investments, Romania Insider reported. Investors in energy projects, particularly those in renewable energy projects, have been urging Romania’s authorities since 2012 to enable them […]

Siemens Gamesa unveils world’s first electrothermal energy storage system

Siemens Gamesa Renewable Energy has put into operation the world’s first electrothermal energy storage system (ETES), which makes it possible to store large quantities of energy cost-effectively, decoupling electricity generation and use. The innovative storage technology is key to the next step in the energy transition, according to a press release from the Spain-based wind […]