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Romania’s Regulator to Defer Turnover Tax for Energy CompaniesPhoto: © European Communities, 2009

Romania’s Regulator to Defer Turnover Tax for Energy Companies

February 22, 2019 | Peter Palčec
Electricity | Natural gas | Oil and oil derivates | Energy policy | Economy

The State Secretary at Romania’s Ministry of Energy, Doru Visan, said on 19 February that he had instructed the relevant bodies to defer the 2% turnover tax for energy companies for a period of one year. The tax was provisioned by the government under emergency ordinance (OUG) 114/2018, reported the Romania Insider....


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Electricity Generation of Serbian TENT A TPP 17.5% Less Than Planned in 2018Photo: www.tentesla.com

Electricity Generation of Serbian TENT A TPP 17.5% Less Than Planned in 2018

February 22, 2019 | Peter Palčec
Electricity | Coal | Economy

Electricity generation at the Serbian Nikola Tesla A (TENT A) thermal power plant (TPP) in Obrenovac last year amounted to 17.5% less than planned, which is why imports of electricity to Serbia were higher, reported SEEbiz.eu. The value of the electricity not produced would have amounted to EUR 200 million and would therefore have represented stable reserves for the power distribution system of...


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Slovenian TSO Buys Power for Tertiary Frequency Control for March 2019Photo: Andreja Krašna

Slovenian TSO Buys Power for Tertiary Frequency Control for March 2019

February 22, 2019 | Peter Palčec
Electricity | Economy

The Slovenian electricity TSO, ELES, held an auction on Thursday for the purchase of electricity needed for the implementation of manual frequency restoration reserve in March 2019. ...


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BiH’s Čapljina HPP to Produce Electricity for Republika SrpskaPhoto: www.pixabay.com

BiH’s Čapljina HPP to Produce Electricity for Republika Srpska

February 22, 2019 | Peter Palčec
Electricity | Energy policy | Economy

The electricity that will be produced in 2019 from the Čapljina pumped storage hydropower plant (HPP) will be divided into a ratio of 50:50% for the first time in fifteen years, so that the first kW produced from the plant will be allocated to Elektroprivreda Republike Srpske (ERS), one of the three power utilities in Bosnia and Herzegovina (BiH), states a press release from ERS. An agreement was...


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Romania Considering Merging Hidroelectrica and Oltenia Energy ComplexPhoto: Alenka Žumbar

Romania Considering Merging Hidroelectrica and Oltenia Energy Complex

February 21, 2019 | Peter Palčec
Electricity | Coal | Energy policy

The Romanian Ministry of Energy plans to reorganise the country’s electricity generation by establishing a new company that will combine electricity coal generation capacities (thermal power plants) and electricity hydro generation capacities (hydropower plants), according to a statement from the State Secretary at the Energy Ministry, Doru Visan, reported Serbia-energy.eu....


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PwC: 82% of Utilities Still Not Ready for Energy TransformationPhoto: Roman Peklaj

PwC: 82% of Utilities Still Not Ready for Energy Transformation

February 21, 2019 | Tanja Srnovršnik
Electricity | Energy policy | New technologies | Economy

The global energy transformation is gathering pace, driven by the twin forces of changing customer expectations and rapid technological evolution. In response, companies must undertake a strategic shift to prepare for new energy markets. However, in PwC’s latest Global Power & Utilities Survey 82% of utility executives said that their company is not yet ready for the transformation, and a...


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Slovenia: Weak Start of the Year for HPPs; Unpromising Forecast for SpringPhoto: Lidija Petrišič Colarič

Slovenia: Weak Start of the Year for HPPs; Unpromising Forecast for Spring

February 21, 2019 | Tanja Srnovršnik
Electricity

Slovenian hydropower plants (HPPs) delivered just 178,727 MWh of electricity to the transmission system in January this year, which is 50.4% less than in the same period last year due to the extremely low rainfall. In February hydrology improved due to rainfall and warming, the power utility Holding Slovenske elektrarne (HSE) told Energetika.NET. Meanwhile, another utility, the GEN Group, stressed...


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Shell Teams Up With Repsol to Explore Hydrocarbons Offshore BulgariaPhoto: Alenka Žumbar

Shell Teams Up With Repsol to Explore Hydrocarbons Offshore Bulgaria

February 21, 2019 | Peter Palčec
Natural gas | Oil and oil derivates | Energy policy

The transfer of 20% of the exploration rights on offshore Block 1-14 Khan Kubrat, in Bulgaria’s sector of the Black Sea, to Spain's Repsol from Shell International Exploration and Development Italia was approved by the Bulgarian government, said the latter on Wednesday....


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Republika Srpska and ERS Sign Concession Agreement for Foča and Paunci HPPsPhoto: www.cez.cz

Republika Srpska and ERS Sign Concession Agreement for Foča and Paunci HPPs

February 21, 2019 | Peter Palčec
Electricity | Energy policy

Petar Đokić, the Minister of Industry, Energy and Mining of Republika Srpska, one of the entities of Bosnia and Herzegovina (BiH), and the acting director of Elektroprivreda Republike Srpske (ERS), one of the three power utilities in BiH, have signed a concession agreement for the construction and use of the Foča and Paunci hydropower plants (HPPs) on the Drina river in the municipality of...


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2,280 GWh Sold on the Macedonian Open Electricity Market in 2017Photo: arhiv Energetika.NET

2,280 GWh Sold on the Macedonian Open Electricity Market in 2017

February 21, 2019 | Peter Palčec
Electricity

The value of the competitive electricity market in Macedonia in 2017 amounted to EUR 112 million. The average market price was 49 EUR/MWh, and almost half of the sales came from the Macedonian electricity trading and supply company EDS Group and a quarter of that from EVN Snabdevanje, a subsidiary of EVN Macedonia. The Macedonian free market participants sold 2,280 GWh of electricity in 2017,...


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