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Photo: Alenka Lena KlopčičRomanian Hidroelectrica Interested in ČEZ’s Wind Park in Romania
December 13, 2019 | Peter PalčecElectricity | 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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Photo: arhiv Energetika.NETArcelorMittal Suspends Production at Romanian Unit Due to High Energy Prices
December 13, 2019 | Peter PalčecElectricity | 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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Photo: Andreja KrašnaRomania's Power Imports Up 87.8% in First Ten Months of 2019
December 13, 2019 | Peter PalčecElectricity | 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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Photo: www.cez.czFBiH’s Government Approves Loan Guarantee for Čapljina HPP
December 13, 2019 | Peter PalčecElectricity | 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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Photo: Energetika.NETFBiH’s Government Approves 8.59% Reduction in Wholesale Gas Price
December 13, 2019 | Peter PalčecNatural 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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Photo: Andreja KrašnaFBiH’s Government Adopts Restructuring of Power Sector Programme
December 13, 2019 | Peter PalčecElectricity | 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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Photo: PixabayEU Countries Could Have Spent EUR 4.6bn More on Climate Action in 2018
December 12, 2019 | Peter PalčecEnergy 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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Photo: www.pixabay.comRomanian and Croatian Gas TSOs Sign MoU
December 12, 2019 | Peter PalčecNatural 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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Photo: ACERShare of Green Electricity Sold on Croatian CROPEX to Increase to 60%
December 12, 2019 | Peter PalčecElectricity | 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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Photo: PixabayMetair Investments Completes Romanian lithium-Ion Battery Cell Factory
December 12, 2019 | Peter PalčecElectricity | 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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