ECONOMY

Foratom: Nuclear Long-Term Operation to Help Europe Meet Its Climate Goals

Date: 22.06.2018 Author: Andreja Šalamun
Foratom: Nuclear Long-Term Operation to Help Europe Meet Its Climate GoalsPhoto: Westinghouse's archive

EU must recognise and reward the long-term operation (LTO) of nuclear reactors in their role in meeting Europe’s long-term climate goals, said Foratom, the European nuclear trade body, to the

European Commission Opens Investigation into Qatar Gas Flow

Date: 22.06.2018 Author: Andreja Šalamun
European Commission Opens Investigation into Qatar Gas FlowPhoto: www.pixabay.com

The European Commission opened a formal investigation on Thursday to assess whether supply agreements between Qatar Petroleum companies exporting liquefied natural gas (LNG) and European importers

Petition for Development Banks to Stop Supporting HPPs in the Balkans

Date: 22.06.2018 Author: Andreja Šalamun
Petition for Development Banks to Stop Supporting HPPs in the BalkansPhoto: Andreja Šalamun

Representatives from the Save the Blue Heart of Europe campaign to save Europe’s last remaining wild rivers have handed in a petition endorsed globally by more than 120,000 people, calling on

China and Its Energy Investment in Germany: Cause for Concern or Unfounded Fear?

Date: 21.06.2018 Author: Ana Vučina Vršnak
China and Its Energy Investment in Germany: Cause for Concern or Unfounded Fear?Photo: Roman Peklaj

Although direct foreign investment is usually welcome, an increasing number of Chinese investments in Germany has recently caused considerable uneasiness in Europe’s biggest economy. There is a

Porsche Takes 10% Stake in Croatian Electric Sports Car Company Rimac

Date: 21.06.2018 Author: Tanja Srnovršnik Volarič
Porsche Takes 10% Stake in Croatian Electric Sports Car Company RimacPhoto: Mestna občina Celje

Porsche, the sports car division of Germany’s Volkswagen, said on Wednesday that it has invested in the Croatian technology and electric sports car company, Rimac Automobili, by taking a minority

Croatian INA Buys Italian Eni’s Share in Northern Adriatic Offshore Gas Fields

Date: 21.06.2018 Author: Peter Palčec
Croatian INA Buys Italian Eni’s Share in Northern Adriatic Offshore Gas FieldsPhoto: Janaf

The Croatian oil and gas company INA has agreed to buy Eni Croatia BV, a wholly-owned member of Italy’s Eni Group, through which Eni participated in the joint project for gas production in

Slovenian Petrol to Exceed EUR 5bn Sales Revenue by 2022

Date: 20.06.2018 Author: Andreja Šalamun
Slovenian Petrol to Exceed EUR 5bn Sales Revenue by 2022Photo: Petrol

The supervisory board of the Slovenian Petrol Group has discussed and approved a document titled ‘The Strategy of the Petrol Group for the period 2018 – 2022’. In accordance with the strategy,

Romanian Hidroelectrica Awarded Two Electricity Supply Contracts

Date: 20.06.2018 Author: Peter Palčec
Romanian Hidroelectrica Awarded Two Electricity Supply ContractsPhoto: Energetika.NET archive

The Romanian power producer Hidroelectrica was awarded two contracts to supply electricity to RATB and Metrorex in June 2018. The criteria used in choosing the contractor was the lowest price, states

Minister Antić Opens Gas Pipeline Network in Serbia’s Topola

Date: 20.06.2018 Author: Peter Palčec
Minister Antić Opens Gas Pipeline Network in Serbia’s TopolaPhoto: Energetika.NET

Serbia’s Minister of Energy and Mining, Alexander Antić, has officially put into operation the natural gas pipeline network in Serbia’s Topola municipality, states an announcement on the

BP: Coal Consumption Up for First Time in 4 Years

Date: 20.06.2018 Author: Peter Palčec
BP: Coal Consumption Up for First Time in 4 YearsPhoto: Valerija Hozjan Kovač

Renewables grew strongly in 2017 by 17%, with wind and solar leading the way. Coal consumption was also up, growing for the first time since 2013, states the 2018 edition of the BP Statistical Review

PowerUp! 2018: Startups Bring Disruption, but Also Freshness!

Date: 20.06.2018 Author: Alenka Žumbar, Prague
PowerUp! 2018: Startups Bring Disruption, but Also Freshness!Photo: http://powerup.innoenergy.com

At this year’s PowerUp! competition, organised by Europe’s leading cleantech Accelerator InnoEnergy, more startups applied than last year, and their solutions were even more advanced, said Jakub

SEE CAO: 17.26 EUR/MWh Auction Price Achieved at Turkey-Greece Border

Date: 19.06.2018 Author: Peter Palčec
SEE CAO: 17.26 EUR/MWh Auction Price Achieved at Turkey-Greece BorderPhoto: Martina Budal

The South East European Coordinated Auction Office (SEE CAO) has announced the results of the monthly auction for the allocation of physical transmission rights (PTR) for July 2018. The highest

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