Croatia: EC sent another warning to Croatia Read More »
The European Commission sent an additional reasoned opinion to Croatia because it didn’t fully transpose EU rules on promoting the use of energy from renewable sources into its legislation. It’s a directive that provides a legal framework for the development of renewable energy across the European Union. The directive set a binding goal that at […]
SEE region: Romania cautiously considers to build a new hydropower plant with Serbia Read More »
Romanian Ministry of Energy confirmed that the country could join Serbia as an equal partner in the project for a third hydropower plant on the Danube, but it denied that a joint team to coordinate the project was set up and highlighted that the project should be approached with caution since it has an important
Romania: Rompetrol seeks a partner for a green hydrogen project Read More »
Rompetrol Rafinare is seeking a partner to build and operate a green hydrogen plant to decarbonise its Petromidia Refinery. The plant should be located near or on the grounds of the refinery and be capable of producing 11,000 tons of green hydrogen annually. This necessitates a renewable electricity supply of around 75 MW which should
Serbia: EPS to receive 100 million euros loan for decarbonisation projects Read More »
Italian development bank Cassa Depositi e Prestiti will provide a 100 million euro financing package to Serbian power utility Elektroprivreda Srbije to support the decarbonisation process, EPS said in a press release. The initiative aims to bolster renewable energy use, enhance energy sector security, and promote sustainability, supporting Serbia’s plans for renewable energy expansion and
BiH: EPBiH launched a tender for TPP Kakanj’s Unit 7 overhaul Read More »
Power utility EPBiH launched an international e-auction for the revitalization of the turbine unit at Unit 7 of the TPP Kakanj. According to tender documentation, the estimated value is around 17.5 million euros including VAT. The deadline for bid submission is July 5. The procedure is planned based on the lowest price criterion. The delivery
Slovenia: Petrol shareholders approve 1.8 euro per share dividend Read More »
Slovenian energy group said that its shareholders have approved a gross dividend payment of 1.8 euro per share, scheduled for August 2, up from 0.7 euro paid for the previous year. At their general meeting held on May 23, shareholders approved a dividend payout of 74 million euros from the profit available for appropriation, Petrol
EU gas reduction exceeded targets Read More »
The REPowerEU policy has done well so far in its aim of ending Europe’s dependency on Russian fossil fuels by 2027. The target of a 15% reduction in gas use, compared to the average consumption between April 2017 and March 2022, was exceeded in both 2023 and 2024. The Commission has again set the same
Romania considers to build a new hydropower plant with Serbia Read More »
Romanian Ministry of Energy confirmed that the country could join Serbia as an equal partner in the project for a third hydropower plant on the Danube, but it denied that a joint team to coordinate the project was set up and highlighted that the project should be approached with caution since it has an important
Romania considers to build a new hydropower plant with Serbia Read More »
Romanian Ministry of Energy confirmed that the country could join Serbia as an equal partner in the project for a third hydropower plant on the Danube, but it denied that a joint team to coordinate the project was set up and highlighted that the project should be approached with caution since it has an important
The Government of FBiH passed the Decision on granting prior approval for the loan of Elektroprivreda BiH from the European Bank for Reconstruction and Development for the implementation of the Project “Construction of Photovoltaic Power Plant Gračanica 1 and Photovoltaic Power Plant Gračanica 2 in the amount of EUR 25.1 million. According to the decision,
