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Romanian Hidroelectrica Interested in ČEZ’s Wind Park in RomaniaPhoto: Alenka Lena Klopčič

Romanian Hidroelectrica Interested in ČEZ’s Wind Park in Romania

December 13, 2019 | Peter Palčec
Electricity | RES and EE | Economy

State-controlled Hidroelectrica, the largest electricity producer in Romania, is reportedly interested in taking over the wind park owned by the Czech power utility ČEZ in Romania, while the electricity distribution and supply group Electrica, in which the state holds a 49% stake, is looking at the distribution assets that ČEZ has put up for sale, reported the Romania Insider....


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ArcelorMittal Suspends Production at Romanian Unit Due to High Energy PricesPhoto: arhiv Energetika.NET

ArcelorMittal Suspends Production at Romanian Unit Due to High Energy Prices

December 13, 2019 | Peter Palčec
Electricity | Natural gas | Energy policy

The global steel group ArcelorMittal announced that since 1 December production has been temporarily suspended at its steel plant in Hunedoara, Romania, which is part of the ArcelorMittal Europe - Long Products division. The group said the decision was determined by the high electricity and natural gas prices. The factory has 640 employees and 200 contractors, reported the Romania Insider....


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Romania's Power Imports Up 87.8% in First Ten Months of 2019Photo: Andreja Krašna

Romania's Power Imports Up 87.8% in First Ten Months of 2019

December 13, 2019 | Peter Palčec
Electricity | Natural gas | Oil and oil derivates

Romania's electricity imports increased by 87.8% to 3,984.2 GWh in the first ten months of 2019 compared to the same period in 2018, while electricity exports fell by 42.5% to 2,748.2 GWh, reported Romania's National Institute of Statistics....


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FBiH’s Government Approves Loan Guarantee for Čapljina HPPPhoto: www.cez.cz

FBiH’s Government Approves Loan Guarantee for Čapljina HPP

December 13, 2019 | Peter Palčec
Electricity | Energy policy

The government of the Federation of Bosnia and Herzegovina (FBiH) has approved the granting of a guarantee for a EUR 15 million loan for the rehabilitation and modernisation of the Čapljina pumped storage hydropower plant (HPP) project. The loan will be provided by the German Development Bank KfW, states a press release from FBiH’s government....


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FBiH’s Government Approves 8.59% Reduction in Wholesale Gas PricePhoto: Energetika.NET

FBiH’s Government Approves 8.59% Reduction in Wholesale Gas Price

December 13, 2019 | Peter Palčec
Natural gas | Energy policy

The government of the Federation of Bosnia and Herzegovina (FBiH) has adopted a decision on the wholesale price of natural gas for distribution companies in the territory of FBiH. With effect from 1 January 2020, the new price will amount to KM 585 (EUR 299.1) per 1,000 cubic metres of gas or KM 0.299 per cubic metre of gas, excluding VAT. The new price is 8.59% lower than the previous price,...


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FBiH’s Government Adopts Restructuring of Power Sector ProgrammePhoto: Andreja Krašna

FBiH’s Government Adopts Restructuring of Power Sector Programme

December 13, 2019 | Peter Palčec
Electricity | Energy policy

The government of the Federation of Bosnia and Herzegovina (FBiH) has adopted a programme for the restructuring of FBiH’s power sector, which will be forwarded to the parliament of FBiH for approval, states a press release from the government....


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EU Countries Could Have Spent EUR 4.6bn More on Climate Action in 2018Photo: Pixabay

EU Countries Could Have Spent EUR 4.6bn More on Climate Action in 2018

December 12, 2019 | Peter Palčec
Energy policy | CO2 emissions

“The European Commission says that an additional EUR 175 to EUR 290 billion needs to be invested per year to reach net zero emissions by 2050. Revenues from the EU’s carbon market, – the emissions trading scheme (ETS) – could help achieve this. Yet it currently does not deliver as much money for climate action as it could,” states an analysis from the World Wildlife Fund (WWF). According...


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Romanian and Croatian Gas TSOs Sign MoUPhoto: www.pixabay.com

Romanian and Croatian Gas TSOs Sign MoU

December 12, 2019 | Peter Palčec
Natural gas | Energy policy

The Croatian and Romanian gas TSOs, Plinacro and Transgaz, have signed a memorandum of understanding (MoU) on exploring opportunities for mutually beneficial co-operation, states a press release from Plinacro....


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Share of Green Electricity Sold on Croatian CROPEX to Increase to 60%Photo: ACER

Share of Green Electricity Sold on Croatian CROPEX to Increase to 60%

December 12, 2019 | Peter Palčec
Electricity | Energy policy

At a session of Croatia’s government held on 5 December 2019, a Decree was adopted on the share of net electricity supplied from privileged producers, by which electricity suppliers are obliged to take over green electricity from the electricity market operator, states a press release from the Croatian power exchange CROPEX....


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Metair Investments Completes Romanian lithium-Ion Battery Cell FactoryPhoto: Pixabay

Metair Investments Completes Romanian lithium-Ion Battery Cell Factory

December 12, 2019 | Peter Palčec
Electricity | RES and EE

The South African energy storage company Metair Investments has announced that its Romanian units Prime Batteries and Rombat have completed the installation of the group's first lithium-ion battery cell manufacturing and assembly facility in Bucharest, Romania, reported Evertiq.com....


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