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Petišovci Gas Project Could Supply 10% of Slovenia’s Gas NeedsPhoto: iStockphoto

Petišovci Gas Project Could Supply 10% of Slovenia’s Gas Needs

December 14, 2018 | Valerija Hozjan
Natural gas | Economy

The Petišovci gas project in Slovenia now produces between 30 and 35 cubic metres of gas per year, while its potential – considering the current activities and permits – is five- or six-fold higher, said Borut Bizjak of Geoenergo, one of the partners in the project. According to Bizjak, the gas from Petišovci could supply 10% of Slovenia’s gas needs. Natural gas makes an important part of...


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Industrial Companies in Bulgaria Could Receive Aid Due to Carbon AllowancesPhoto: Ana V. Vršnak

Industrial Companies in Bulgaria Could Receive Aid Due to Carbon Allowances

December 14, 2018 | Peter Palčec
Electricity | Energy policy | CO2 emissions | Economy

Industrial enterprises in Bulgaria whose competitiveness is at risk due to the impact of carbon allowances on the final price of electricity could receive aid in the form of compensation for indirect costs of CO2, states a press release from the Bulgarian Ministry of Energy....


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Energy Transformation in Romania Needs More Financial SupportPhoto: Roman Peklaj

Energy Transformation in Romania Needs More Financial Support

December 14, 2018 | Peter Palčec
Electricity | RES and EE | Energy policy | CO2 emissions | New technologies

Europe’s commitment to the Paris Agreement and the 2030 Agenda for Sustainable Development means that the EU must drive an energy transformation, however, in Romania inadequate financial support and a lack of political will still stand in the way of progress. The process of an energy transformation is often perceived with scepticism in Romania in spite of some improvements in the energy sector...


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Special Edition of Energetika.NET Magazine out Now!Photo: Energetika.NET

Special Edition of Energetika.NET Magazine out Now!

December 13, 2018 | Editorial Board
Energy policy | Economy

The Editorial Board of Energetika.NET has prepared a special edition of its magazine, in which it gathered this year’s most important news snippets and most interesting stories, along with predictions for the energy sector in 2019....


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Croatian INA Signs USD 300m Credit Facility AgreementPhoto: © European Communities, 2009

Croatian INA Signs USD 300m Credit Facility Agreement

December 13, 2018 | Peter Palčec
Natural gas | Economy

The Croatian oil and gas company INA signed a USD 300 million (EUR 264.98 million) credit facility agreement with seven bank groups on 11 December. This facility refinances the facility concluded in 2015 for the same amount. The facility was arranged as a club-deal via procuring sources of funds on domestic and international markets and will be used for general corporate purposes, states a press...


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EIB Supports Croatian Company with EUR 30m for Research into EVsPhoto: www.pixabay.com

EIB Supports Croatian Company with EUR 30m for Research into EVs

December 12, 2018 | Andreja Šalamun
Electricity | Transport | Energy policy | CO2 emissions | New technologies | Economy

The European Investment Bank (EIB) and the Croatian car company Rimac Automobili have signed a EUR 30 million loan for investment in the research and development of electric vehicles and related components, said the EIB in a press release. The transaction is guaranteed by the European Fund for Strategic Investments (EFSI)....


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EPSC Reveals Ten Trends on Reshaping Climate and EnergyPhoto: Gualberto107/FreeDigitalPhotos

EPSC Reveals Ten Trends on Reshaping Climate and Energy

December 11, 2018 | Andreja Šalamun
Electricity | Energy policy | CO2 emissions | Economy | Ecology

Worldwide weather and climate disasters caused a record-breaking loss of EUR 290 billion in 2017, and are set to increase significantly with higher temperatures, according to the findings of a new study prepared by the think tank European Political Strategy Centre (EPSC) in collaboration with the Joint Research Centre’s Knowledge for the Energy Union. It reveals ten trends on reshaping climate...


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Croatian Končar Concludes Joint Venture Agreement with China XD ElectricPhoto: www.pixabay.com

Croatian Končar Concludes Joint Venture Agreement with China XD Electric

December 11, 2018 | Peter Palčec
Electricity | Economy

The Croatian company Končar has concluded a contract for the establishment of a joint venture for the production of high voltage equipment with China’s XD Electric, an investment worth HRK 140 million (EUR 18.95 million), states a press release from Končar....


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Croatian HEP to Invest EUR 135m Annually in RESPhoto: 

Croatian HEP to Invest EUR 135m Annually in RES

December 10, 2018 | Peter Palčec
Electricity | RES and EE | Energy policy

Croatia’s Prime Minister, Andrej Plenković, has put the unit B generator of the Ozalj 1 hydropower plant (HPP) into trial operational last week. On the occasion, representatives of Croatia's state-owned power utility, Hrvatska elektroprivreda (HEP), informed the Croatian government that HEP plans to invest HRK 1 billion (EUR 135.27 million) in HPPs and other renewable energy sources annually,...


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Ascent to Seek Business Opportunities Outside SloveniaPhoto: arhiv podjetja Geoenergo in Ascent

Ascent to Seek Business Opportunities Outside Slovenia

December 7, 2018 | Peter Palčec
Natural gas | Energy policy | Economy

Given the investment environment in Slovenia, and following the termination of a strategic review, the board of Ascent Resources, a U.K.-based oil and gas production and exploration company, is actively seeking business development activities elsewhere, states a press release from Ascent....


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