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 […]
Fingrid acquiring new 400 MVA power transformers from Slovenia’s KOLEKTOR ETRA
Slovenia-based KOLEKTOR ETRA has signed a EUR 6 million contract to supply 400 MVA 400/120 kV power transformers to Finland’s transmission system operator Fingrid for its project to improve the electricity transmission connection between the south and north of Finland, according to a press release from Fingrid. The ordered power transformers will be delivered to […]
Energy Community contracting parties must speed up reforms to meet market coupling deadlines – report
The pace of reforms in the WB6 region overall must be accelerated if market coupling is to take place within the time horizon foreseen. The establishment of a legal framework harmonised with the Third Energy Package and a power exchange, the key prerequisites, are yet to be completed by all WB6 Contracting Parties, the Energy […]
Bulgaria scraps electricity export fee, enabling market coupling with North Macedonia
Bulgaria has amended its energy law to abolish a fee levied on exports of electricity, in what will remove obstacles to trade with Energy Community contracting parties in the Balkans and pave the way for the future market coupling with North Macedonia, the Energy Community Secretariat said in a statement welcoming the move. The amendments […]
SEE CAO appoints Ivan Bulatović as new executive director
Coordination Auction Office in South East Europe (SEE CAO) has appointed Ivan Bulatović as the new executive director, SEE CAO said in a news release. SEE CAO manages the coordinated explicit allocation of cross-border transmission capacities on six borders in SEE region. Ivan Bulatović has extensive experience in the field of power systems and has […]
CROPEX to organize auctions for purchase of energy to cover grid losses
On May 6, the Croatian Power Exchange (CROPEX) will organize auctions for the purchase of energy to cover transmission system losses in the years 2020, 2021 and 2022 via the CROPEX trading platform. This was agreed between Croatian transmission system operator (TSO) Hrvatski operator prenosnog sistema (HOPS) and CROPEX. The application for participation in the […]
ESO receives grant for Maritsa-Nea Santa power line, CESEC updates Electricity Action Plan
The Bulgarian Electricity System Operator (ESO) and the Innovations and Networks Executive Agency of the European Commission have signed a EUR 28.6 million grant agreement under the Connecting Europe Facility (CEF) for the construction of the Bulgarian section of the 400 kV power line Maritsa East (Bulgaria)-Nea Santa (Greece). The agreement was signed during the […]
Slovenia, Bulgaria receive EUR 76 million in EU financing for cross-border power lines
EU Member States have approved EUR 48.2 million in aid under the Connecting Europe Facility (CEF) to Slovenian transmission system operator (TSO) ELES for the construction of the first power line between Slovenia and Hungary, as well as EUR 28.6 million to Bulgarian TSO ESO for the construction of the power line between Bulgaria and […]