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BiH: Elektroprivreda HZHB’s Operating Profit Down 72.3% in H1 2020

Date: 04.08.2020 Author: Tanja Srnovršnik
BiH: Elektroprivreda HZHB’s Operating Profit Down 72.3% in H1 2020Photo: Roman Peklaj

Elektroprivreda HZHB, one of the three power utilities in Bosnia and Herzegovina (BiH), ended the first half of 2020 with an operating profit of KM 8.04 million (EUR 4.12 million), down 72.3% compared

Montenegrin EPCG’s Shareholders Decide to Skip Dividend Payment

Date: 04.08.2020 Author: Tanja Srnovršnik
Montenegrin EPCG’s Shareholders Decide to Skip Dividend PaymentPhoto: Roman Peklaj

Despite the bad hydrological situation, last year was one of the most successful business years for the Montenegrin power utility Elektroprivreda Crne Gore (EPCG). The EPCG group generated a profit of

Verbund Sells 43.1% of Its 2021 Output at 44.8 EUR/MWh

Date: 04.08.2020 Author: Tanja Srnovršnik
Verbund Sells 43.1% of Its 2021 Output at 44.8 EUR/MWhPhoto: Roman Peklaj

Austria's biggest utility Verbund hedged 10.9 TWh – equating to about 43.1% - of its planned power generation for 2021 at an average price of 44.8 EUR/MWh by 30 June 2020, according to Verbund's

How Big Will Wind Energy’s Share of the Market Be?

Date: 03.08.2020 Author: Alenka Lena Klopčič
How Big Will Wind Energy’s Share of the Market Be?Photo: Alenka Lena Klopčič

Offshore wind is one of the world's fastest growing energy sources, with strong year-on-year growth expected across the next few decades. Many nations are banking on offshore wind to play a major role

Deutsche Bank to End Global Business Coal Mining Activities By 2025

Date: 31.07.2020 Author: Peter Palčec
Deutsche Bank to End Global Business Coal Mining Activities By 2025Photo: Pixabay

The German Deutsche Bank has adopted a new fossil fuels policy which provides its business divisions with a strict framework for their business activities involving coal, oil and gas. “This means

AI in Energy: Data Becoming More Valuable Than Energy

Date: 31.07.2020 Author: Alenka Lena Klopčič
AI in Energy: Data Becoming More Valuable Than EnergyPhoto: Roman Peklaj

Artificial intelligence (AI) has been receiving renewed interest from businesses and academia in recent years. In 2017 the thought-leader NBER held a conference to set a research agenda on the

Slovenia's ELES Gets Government Go-Ahead for EIB Loan

Date: 31.07.2020 Author: Valerija Hozjan
Slovenia's ELES Gets Government Go-Ahead for EIB LoanPhoto: Alenka Lena Klopčič

The European Investment Bank (EIB) has received a favourable opinion from the Slovenian government on granting an up to EUR 70 million loan to the Slovenian TSO for electricity, ELES. The company's

Czech Government Signs Agreements With ČEZ For Dukovany NPP

Date: 30.07.2020 Author: Peter Palčec
Czech Government Signs Agreements With ČEZ For Dukovany NPPPhoto: CEZ

The Czech government has signed agreements with ČEZ for a planned multi-billion-dollar expansion of the majority state-owned utility’s Dukovany nuclear power plant (NPP), reported Reuters. The

German Company to Build 120 MW Wind Park in Croatia

Date: 30.07.2020 Author: Valerija Hozjan
German Company to Build 120 MW Wind Park in CroatiaPhoto: OMV Petrom

The German company Wpd europe and the Croatian company T. T. Energija are planning to build a wind park in Gračas, Croatia. The 120 MW Vučipolje facility would be part of a 1 GW complex in border

Montenegro to Invest Around EUR 1bn in the Energy Sector By 2024

Date: 30.07.2020 Author: Peter Palčec
Montenegro to Invest Around EUR 1bn in the Energy Sector By 2024Photo: Roman Peklaj

Montenegro’s largest energy entities have announced investments with a total value of as much as EUR 1 billion by 2024, according to the country’s Third Package of Socio-Economic Measures,

Albanian Regulator Lowers Purchase Price For Electricity Produced From Wind

Date: 30.07.2020 Author: Peter Palčec
Albanian Regulator Lowers Purchase Price For Electricity Produced From WindPhoto: Alenka Lena Klopčič

The Albanian energy regulatory agency, ERE, has approved the purchase price of electricity from wind parks with a capacity of up to 3 MW that are not subject to concessions. Thus, the purchase price

Romanian OMV Petrom’s Net Financial Result Slightly Down in H1 2020

Date: 30.07.2020 Author: Valerija Hozjan
Romanian OMV Petrom’s Net Financial Result Slightly Down in H1 2020Photo: Roman Peklaj

Lower prices and the COVID-19 crisis have had a negative impact on the performance of the Romanian oil and gas group OMV Petrom.


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