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ACER: Most EU Gas Networks Not Yet Ready to Transport Hydrogen

Gas TSOs still do not accept the injection of, or allow hydrogen volumes into, the gas transmission network in 65% of 23 EU member states, shows a report published by the EU Agency for the Cooperation...
Date: 14.07.2020, Category: Articles

Works Begin on Austria’s Largest Area Photovoltaic Plant

OMV, the international, integrated oil and gas company headquartered in Vienna, and the Austrian electricity company and one of the largest hydropower producers in Europe, Verbund, have begun construc...
Date: 13.07.2020, Category: Trading

E.ON Croatia Becomes the Third Largest Gas Distributor in Croatia

E.ON Croatia, a subsidiary of the German power utility E.ON, has taken over the companies Plin-Projekt from Nova Gradiška and Moslavina Plin from Kutina, thus becoming the 100% owner of two additional...
Date: 13.07.2020, Category: Trading

Montenegrin CGES Generates EUR 5.8m in Revenues from Offshore Cable

The Montenegrin electricity TSO, CGES, generated revenues of EUR 5.8 million in the last six months from the operation of the offshore electricity cable between Montenegro and Italy, reported SEEbiz.e...
Date: 13.07.2020, Category: Trading

BiH’s Elektroprivreda HZHB and ERS Sign Framework Agreement

Bosnia and Herzegovina’s (BiH) two power utilities, Elektroprivreda HZHB in Elektroprivreda Republike Srpske (ERS), have signed a framework agreement on cooperation between the two companies, states a...
Date: 13.07.2020, Category: Trading

Around 60% of Bulgarian Houses Must Be Renovated By 2050

“By 2050, 60% of the housing stock in Bulgaria and nearly 17% of the non-housing stock must be renovated. This will save 7,329 GWh of energy per year,” states a draft of the long-term national strateg...
Date: 13.07.2020, Category: Articles

Construction of Bistrica HPPs Could Be Delayed If BiH’s ERS Fails to Pay EUR 10m

If Elektroprivreda Republike Srpske (ERS) fails to pay KM 20 million (EUR 10.22 million) by 4 September to China’s National Aero-Technology International Engineering Corporation (AVIC), the company ch...
Date: 10.07.2020, Category: Trading

ACER Announces Consultation on Cross-border Participation in Capacity Mechanisms

The European Union Agency for the Cooperation of Energy Regulators (ACER) has launched a public consultation to decide on the rules for cross-border participation in capacity mechanisms. “These rules ...
Date: 13.07.2020, Category: Trading

Romanian OMV Petrom’s Hydrocarbon Output Down 2.03% in Q2 2020

The total hydrocarbon production of the Romanian oil and gas company OMV Petrom amounted to 147,300 barrels of oil equivalent per day (boe/d) in Q2 2020, down 2.03% compared to Q1 2020 and down 2.71% ...
Date: 09.07.2020, Category: Trading

IEA: Global Oil Demand to Fall by 7.9 mb/d in 2020

World oil demand is projected to decline by 7.9 million barrels per day (mb/d) in 2020 and to recover by 5.3 mb/d in 2021, said the International Energy Agency (IEA) in its latest oil market report. H...
Date: 14.07.2020, Category: Trading

North Macedonia Seeking Advisor For Gas Distribution System Project

The government of North Macedonia, via its Ministry of Economy, is developing a public-private partnership for a natural gas distribution system project in North Macedonia. North Macedonia, with the h...
Date: 13.07.2020, Category: Trading

Bulgarian EWRC Starts Public Debate on Bulgartransgaz’s TYNDP

The Bulgarian energy regulator, EWRC, held a public discussion on the ten-year gas network development plan (TYNDP) for the period 2020-2029 of the Bulgarian gas TSO, Bulgartransgaz. Interested partie...
Date: 09.07.2020, Category: Trading

Macedonian TSO to Invest Over EUR 100m in Reconstruction of Transmission System

“The Macedonian electricity TSO, MEPSO, will invest over EUR 100 million in the construction and reconstruction of the electricity transmission system, which will ensure a stable and reliable supply o...
Date: 09.07.2020, Category: Trading

Bulgarian Bulgargaz Proposes a 2.2% Gas Price Increase in August

The Bulgarian state gas provider, Bulgargaz, has sent a proposal to Bulgaria’s Energy and Water Regulatory Commission (EWRC) to approve a price of BGN 19.52 (EUR 9.98) per MWh for natural gas for Augu...
Date: 14.07.2020, Category: Trading

Montenegro’s Power Consumption Down 16.5% in June

Households in Montenegro consumed 81,632,458 kWh of electricity in June 2020, which is 6.7% less than in May 2020 and 16.5% less than in June 2019, said the Montenegrin power utility, Elektroprivreda ...
Date: 14.07.2020, Category: Trading

Croatian HEP Plin Acquires Gas Distribution Network of the Bizovac Municipality

HEP Plin, a subsidiary of the Croatian power utility Hrvatska elektroprivreda (HEP), signed an agreement with the municipality of Bizovac at the beginning of July on the purchase of a 52.5 kilometre-l...
Date: 13.07.2020, Category: Trading

Bulgarian Gas TSO Receives Loan Offers From 13 Financial Institutions

Thirteen financing institutions have submitted offers amounting to EUR 542 million for the implementation of the investment programme of the Bulgarian gas TSO, Bulgartransgaz, states a press release f...
Date: 13.07.2020, Category: Trading

Commission Sets Out Strategies For Energy System Integration and Hydrogen

The European Commission adopted the EU strategies for energy system integration and hydrogen on Wednesday, which, according to the press release, will pave the way towards a more efficient and interco...
Date: 09.07.2020, Category: Focus

Croatia Announces Call For Co-financing Use of RES in Public Buildings

The Croatian Fund for Environmental Protection and Energy Efficiency has launched a public call for co-financing the use of renewable energy sources (RES) in public buildings. “In this call, we have a...
Date: 10.07.2020, Category: Articles

SEE CAO Announces NTC Curtailment On ME-IT Border For 17 July

Based on instructions from the Italian and Montenegrin transmission system operators, TERNA and CGES, the South East European Coordinated Auction Office (SEE CAO) has announced that the net transfer c...
Date: 10.07.2020, Category: Trading

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