Slovenia will purchase renewable energy from Croatia through a statistical transfer to meet its 2024 renewable energy target. A statistical transfer is allowed at the European Union to help member states meet their national renewable energy targets. This will be the fourth time Slovenia has used this option in the 2020-2024 period. Since 2020, the […]
A total of 43 project ideas from 28 local authorities for establishing the first renewable energy communities in Bosnia and Herzegovina have been pre-selected to receive assistance under the EU for Collective Action for Energy Transition project. The EU for Collective Action for Energy Transition (EU4CAET) project is jointly financed by the European Union and […]
Romanian ENEVO Group has started the construction of a solar power plant for Croatia-based ENNA Group. The site for the 87.5 MW photovoltaic plant is 25 kilometers southwest of Romania’s capital Bucharest. It is ENNA Group’s first major investment outside of Croatia. Installation began after an EPC contract was signed in November between PVP Cepheus, […]
North Macedonia’s power utility Elektrani na Severna Makedonija has secured EUR 97 million for the installation of the Bitola 3 solar power plant and revitalization of hydropower plants. Elektrani na Severna Makedonija (ESM) said today it signed the contracts for a state guarantee and loans totaling EUR 97 million for two major energy projects. This […]
State-owned power utility Elektrani na Severna Makedonija should make the most of the opportunities when prices on the power market are lower than its production costs, according to Marko Bislimoski, President of the Energy, Water Services and Municipal Waste Management Services Regulatory Commission of the Republic of North Macedonia (ERC or RKE). Marko Bislimoski doesn’t […]
In cooperation with the Jožef Stefan Institute, the Ministry of the Environment, Climate and Energy has issued the first national assessment of climate vulnerability and risks for the energy sector. The analysis shows that the sector is moderately vulnerable under current climate conditions. The main threats to the energy sector in Slovenia are floods, fires, […]
Croatia-based Dalekovod, Elnos from Bosnia and Herzegovina, and Serbian Kodar Energomontaža will jointly build electricity transmission infrastructure in North Macedonia. Dalekovod said it signed a EUR 19.7 million contract with MEPSO, the transmission system operator of North Macedonia, as the lead member of a consortium that includes Elnos BL and Kodar Energomontaža. The contracted works […]
A European energy system based on a high share of renewable energy is the cheapest scenario until 2050 for achieving the net-zero goal, when compared to an increased use of nuclear capacity, or hydrogen, or carbon capture and storage, and against a delayed energy transition, according to a study produced by Hitachi Energy for WindEurope. […]
Siemens Energy and Končar will install an electrolyzer and a solar power plant for Croatian oil and gas company INA. INA said it has signed two important contracts for the implementation of the green hydrogen production project at its Rijeka refinery. By signing contracts with reputable companies, with a total value of EU 33 million, […]
Montenegro is facing its most challenging year for the energy sector, Minister of Energy and Mining Admir Šahmanović stressed. State-owned power utility Elektroprivreda Crne Gore (EPCG) will suffer a loss of around EUR 80 million given that the Pljevlja coal power plant is offline, while electricity consumption is rising amid increases in prices of other […]
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