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 […]

Republic of Srpska: KfW loan for Hrgud wind park approved by Assembly, opposition disputes it

Assembly of the Republic of Srpska approved a EUR 60 million loan from the German Development Bank KfW for the construction of Hrgud wind farm. The opposition’s NDP party says it would appeal to the Constitutional Court because it considers the decision illegal. State-owned utility Elektroprivreda (ERS) was granted a 50-year concession for the construction and […]

Republic of Srpska and KfW agreed EUR 60 million credit for Hrgud wind farm

The Government of the Republika Srpska approved EUR 60 million credit by German KfW Development Bank for financing the Hrgud windfarm project, as confirmed by the Ministry of finance. State-owned utility Elektroprivreda (ERS) from Trebinje, received 50 years concession for the construction and operation of the Hrgud wind farm in Berkovići municipality a year ago. Now, […]

Grants of EUR 13.3 million set for energy efficiency

The two entities that make up Bosnia and Herzegovina are about to obtain USD 15 million (EUR 13.3 million) from “green development” institutions for energy efficiency measures in buildings, according to Srebrenka Golić, minister for spatial planning, civil engineering and ecology of the Republic of Srpska. Speaking at a regional conference on energy efficiency in […]