RiTE Gacko, the coal mine and thermal power plant, has announced a series of tenders in preparation for a significant overhaul planned for this year. The tenders are aimed at selecting contractors for various critical projects at the facility. One of the tenders focuses on repairs to the piping system of the boiler plant, with […]
Serbia: EPS to invest 450 million euros in Kolubara lignite mine Read More »
EPS is investing 450 million euros in new equipment at the Kolubara coal mine to increase its production capacity, the energy ministry Dubravka Djedovic Handanovic said in a press release. The investment also involves the launch of replacement production capacities to enable the exploitation of coal from surface mines, as well as the construction of
EPS doubles its profit in Q1 Read More »
The Board of Directors of Elektroprivreda Srbije (EPS) Joint Stock Company adopted the Report on the three-year business plan implementation for the first quarter of 2024, revealing that the company’s profit reached 28.3 billion dinars. This figure is twice as high as projected, EPS announced today. The profit marks a five percent increase compared to
Romania: EC Oltenia to renegotiate the restructuring plan with the European Commission Read More »
The Oltenia Energy Complex wants a renegotiation of its restructuring plan with the European Commission, the president of the Competition Council, Bogdan Chirițoiu, said. Regarding the Jiu Valley, he said that the European Commission wants the Romanian authorities to respect the decisions they have taken. Too little coal is extracted from Jiu Valley, so little that
Greece: The share of coal in the electricity mix fell to 2% in April Read More »
The remaining lignite-fired power plants in Greece have faded from the picture, as highlighted by latest electricity market data showing the grid’s needs are now being covered by gas-fueled power stations, renewables, hydropower plants and electricity imports. Energy-mix data concerning last week showed that lignite-fired power stations were completely sidelined. Gas-fueled power stations and renewables
Federation BiH to launch just energy transition in coal regions Read More »
The Government of the Federation of Bosnia and Herzegovina adopted a conclusion on the implementation of measures for a just transition in FBiH in areas where active coal production is ongoing. The conclusion states that the government expresses full commitment to the process of a just transition in the FBiH, in line with BiH’s international commitments and
Companies from Bosnia and Herzegovina could lose more than 250 million euros annually if the country does not join the cross-border carbon export tax payment system (CBAM) introduced by the European Union to encourage non-member countries to stop producing electricity from fossil fuels. From October 1, 2023, the European Commission introduced the Carbon Border Adjustment
