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McKinsey: EVs Unlikely to Create Power Demand Crisis But Will Reshape Load CurvePhoto: Andreja Šalamun

McKinsey: EVs Unlikely to Create Power Demand Crisis But Will Reshape Load Curve

August 17, 2018 | Tanja Srnovršnik Volarič
Electricity | RES and EE | Transport

The projected growth in e-mobility will not drive substantial increases in total electrical grid power demand in the near to midterm, thus limiting the need for new electricity generation capacity during that period. However, EVs will reshape the load curve, thus placing new strains on the grid, said the consultancy McKinsey in an analysis published on its website in August....


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Twenty State-Owned Serbian Companies Owe EUR 200m to EPSPhoto: Elektroprivreda Srbije

Twenty State-Owned Serbian Companies Owe EUR 200m to EPS

August 17, 2018 | Peter Palčec
Electricity | Energy policy | Economy

Twenty state-owned Serbian companies owed around RSD 22 billion, equating to close to EUR 200 million, to the Serbian power utility Elektroprivreda Srbije (EPS) as of 10 June 2018, which is almost the same amount as the previous year, reported SEEbiz.eu on Thursday....


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Albania: Electricity Prices 35% Higher in July 2018 for 35kV Network UsersPhoto: arhiv Energetika.NET

Albania: Electricity Prices 35% Higher in July 2018 for 35kV Network Users

August 17, 2018 | Peter Palčec
Electricity | Economy

The electricity price for consumers in Albania connected to the 35 kV power grid in July was ALL 12.86 (EUR 0.10) per kWh. This was the set price for customers who failed to find an electricity supplier and were obliged to buy electricity from the state-owned power distribution system operator (DSO), OSHEE, on the free market. The price in July 2018 was 35.4% higher compared to December 2017, when...


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Kosovo’s Power Generation from Coal Amounted to 1,402.5 GWh in Q2 2018Photo: KEK

Kosovo’s Power Generation from Coal Amounted to 1,402.5 GWh in Q2 2018

August 17, 2018 | Peter Palčec
Electricity | Economy

Coal production in the second quarter (Q2) of 2018 in Kosovo amounted to 164,000 tonnes. Electricity production from coal amounted to 1,402.5 GWh, while hydro power production amounted to 118.1 GWh, states a report from the Kosovo Statistics Agency (KSA)....


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Slovenia's Krško NPP Power Output 0.56% Above Plan in JulyPhoto: Simona Drevenšek

Slovenia's Krško NPP Power Output 0.56% Above Plan in July

August 17, 2018 | Peter Palčec
Electricity | Economy

Slovenia's 696 MW Krško nuclear power plant (NPP) generated 523,450.66 MWh of gross electricity in July, and submitted 497,765.29 MWh of electricity to the power grid....


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Unit 5 of Slovenia’s Šoštanj TPP to be Connected to the Grid This EveningPhoto: Ana Vučina Vršnak

Unit 5 of Slovenia’s Šoštanj TPP to be Connected to the Grid This Evening

August 16, 2018 | Peter Palčec, Tanja S. Volarič
Electricity | Coal

“Unit 5 is currently in operation for testing purposes on the generator and turbine systems by the company Siemens. After successful tests are concluded, the unit will be synchronised with the power grid. Today, in the evening hours, we are expecting the unit to become fully operational, if the synchronisation with the network is successful,” stated Slovenia's Šoštanj thermal power plant...


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Australia’s Woodside Acquires Stake in Offshore Block in BulgariaPhoto: www.pixabay.com

Australia’s Woodside Acquires Stake in Offshore Block in Bulgaria

August 16, 2018 | Peter Palčec
Natural gas | Oil and oil derivates | Energy policy | Economy

The Australian oil and gas company Woodside entered into a farm-in agreement in July 2018 with Shell International Exploration and Development Italia to acquire a 30% non-operated participating interest in Block 1-14 Khan Kubrat in Bulgaria, announced the company in its half year report for 2018....


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Romanian Nuclearelectrica's EBIT Up 27.3% in H1 2018Photo: Incont.ro

Romanian Nuclearelectrica's EBIT Up 27.3% in H1 2018

August 16, 2018 | Tanja Srnovršnik Volarič
Electricity | Economy

Romania's state-owned company Nuclearelectrica, the operator of the Cernavoda nuclear power plant (NPP), posted earnings before interest and taxes (EBIT) of RON 215.25 million (EUR 46.3 million) in the first half of 2018, up 27.26% compared to the same period in 2017 due to higher operating revenues influenced by higher electricity sales, according to the company's half-year report published on...


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Harnessing Smart Meter Data One Way of Addressing Digital Energy ConsumersPhoto: arhiv Siemensa

Harnessing Smart Meter Data One Way of Addressing Digital Energy Consumers

August 16, 2018 | Tanja Srnovršnik Volarič
Electricity | RES and EE | New technologies

Smart meter data is becoming a new asset for energy suppliers. By harnessing this data, energy companies can develop new and existing products and services, enter new markets, and generate new revenue, according to a new whitepaper published by the specialised energy consulting company Delta-ee. Providing energy insights for customers is another important area for energy companies.
...


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Romanian Romgaz's EBIT Down 11.9% in H1 2018Photo: Romgaz

Romanian Romgaz's EBIT Down 11.9% in H1 2018

August 16, 2018 | Tanja Srnovršnik Volarič
Natural gas | Economy

The Romanian natural gas producer and supplier Romgaz generated earnings before interest and taxes (EBIT) of RON 921.7 million (EUR 198.1 million) in the first half of 2018, down 11.9% compared to the same period in 2017. The company's revenues increased by 3.4% to RON 2.47 billion (EUR 530.8 million)....


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