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Report: EIB’s Gas Investments Undermine EU’s Climate GoalsPhoto: Energetika.NET

Report: EIB’s Gas Investments Undermine EU’s Climate Goals

June 14, 2019 | Tanja Srnovršnik
Natural gas | Energy policy | Economy

The European Investment Bank’s (EIB) financing of fossil fuel projects - in particular gas pipelines and LNG terminals - is not compatible with EU climate commitments or the aims of the Paris Agreement, according to a new report by Oil Change International....


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Romanian OMV Petrom Invests EUR 50m in Gas Treatment Plant at HurezaniPhoto: OMV Petrom

Romanian OMV Petrom Invests EUR 50m in Gas Treatment Plant at Hurezani

June 14, 2019 | Tanja Srnovršnik
Natural gas | Economy

The Romanian oil and gas company OMV Petrom has invested around EUR 50 million in the gas treatment plant in Hurezani, which is currently being tested and is expected to become fully operational in July, said the company on Thursday....


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Swedish Northvolt Raises Funding for Europe’s First GigafactoryPhoto: Pixabay

Swedish Northvolt Raises Funding for Europe’s First Gigafactory

June 14, 2019 | Peter Palčec
Electricity | RES and EE | Economy

Northvolt, a Swedish supplier of sustainable battery cells and systems, has announced the agreement of a USD 1 billion (EUR 885.78 million) equity capital raising of funds to enable the establishment of Europe’s first homegrown gigafactory for lithium-ion battery cells, Northvolt Ett, in Skellefteå, Sweden. In cooperation with the Volkswagen Group, the company also announced plans to establish...


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FBiH’s Government Signs Consulting Agreement for Oil ExplorationPhoto: Victor Habbick via FreeDigitalPhotos

FBiH’s Government Signs Consulting Agreement for Oil Exploration

June 14, 2019 | Peter Palčec
Natural gas | Oil and oil derivates | Energy policy

The government of the Federation of Bosnia and Herzegovina (BiH) has signed a contract with the British energy consultant company IHS Global, which will assist the government in preparing a tender for the award of a concession for the exploration and exploitation of oil and gas in FBiH, reported SEEbiz.eu....


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EFET Warns Bulgaria Against Rushed Gas ExchangePhoto: Shutterstock

EFET Warns Bulgaria Against Rushed Gas Exchange

June 13, 2019 | Tanja Srnovršnik
Natural gas | Energy policy

Bulgaria has been consulting on the reform of its Energy Law, which includes provisions related to the introduction of a natural gas exchange and a gas release programme. However, whilst the European Federation of Energy Traders (EFET) encourages “any efforts to improve the functioning of the Bulgarian natural gas market”, the association warned against “rushing in the direction of a fully...


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Slovenian Environmental Ministry Confirms That an EIA is Needed for PetišovciPhoto: arhiv podjetja Geoenergo in Ascent

Slovenian Environmental Ministry Confirms That an EIA is Needed for Petišovci

June 13, 2019 | Tanja Srnovršnik
Natural gas | Energy policy | Ecology

The Slovenian Ministry of Environment and Spatial Planning has rejected an appeal by Geoenergo from Lendava and confirmed the decision of the Slovenian Environment Agency (ARSO) ordering an environmental impact assessment (EIA) to be undertaken and an environmental permit to be obtained for extracting gas with hydraulic fracturing at the Petišovci field....


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BiH’s Elektrokrajina Signs Network Modernisation AgreementPhoto: www.pixabay.com

BiH’s Elektrokrajina Signs Network Modernisation Agreement

June 13, 2019 | Peter Palčec
Electricity | Economy

A contract for the reconstruction and improvement of the medium and low voltage network, worth EUR 957,549.56, has been signed between Elektrokrajina, the largest electricity distribution company of Elektroprivreda Republike Srpske (ERS), and the Elnos Group from Banja Luka, reported Nezavisne.com....


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EV Batteries Could Provide Grid Support to Power SystemsPhoto: Pixabay

EV Batteries Could Provide Grid Support to Power Systems

June 12, 2019 | Peter Palčec
Electricity | Oil and oil derivates | RES and EE | Transport | Energy policy | CO2 emissions | New technologies

“Electric vehicle (EV) batteries have the potential to work synergistically with the power system, providing a range of services that can increase renewable energy uptake, reduce constraints on networks, and provide security of energy supply. The performance requirements for grid support batteries are lower than those for electric vehicles, which points to grid support being a key second life...


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Paper: Climate Planning Processes in Energy Community Should be ConsolidatedPhoto: www.pixabay.com

Paper: Climate Planning Processes in Energy Community Should be Consolidated

June 11, 2019 | Tanja Srnovršnik
RES and EE | Energy policy | CO2 emissions

There is an overlap between many climate-related processes in all Energy Community contracting parties, offering opportunities for consolidation, noted the New Climate Institute (NCI) in a paper titled ‘Consolidation of climate planning processes in the Energy Community contracting parties’ published on Friday....


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ACER Board of Appeal Extends Term of Its Chairman PiebalgsPhoto: osebni arhiv

ACER Board of Appeal Extends Term of Its Chairman Piebalgs

June 10, 2019 | Tanja Srnovršnik
Energy policy

The Board of Appeal (BoA) of the Agency for the Cooperation of Energy Regulators (ACER) has extended the term of its chairman, Andris Piebalgs, and vice chairman, Jean-Yves Ollier, who were designated for their first term in office in November 2016, for a second two-and-a-half year mandate, said ACER on Friday....


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