EPS is investing 450 million euros in new equipment at the Kolubara coal mine to increase its production capacity, the energy ministry Dubravka Djedovic Handanovic said in a press release. The investment also involves the launch of replacement production capacities to enable the exploitation of coal from surface mines, as well as the construction of […]
Serbia: EPS to invest 450 million euros in Kolubara lignite mine Read More »
Holding Slovenske Elektrarne (HSE) has repaid 492-million-euro capital funding received from sovereign holding company SDH in December 2022, SDH said in a statement. HSE has repaid the last 75-million-euro instalment of the funding provided by SDH to bridge its liquidity gap at the end of 2022. -We have been able to return all 492 million
Slovenia: HSE fully repays 492-million-euro capital funding Read More »
The Board of Directors of Elektroprivreda Srbije (EPS) Joint Stock Company adopted the Report on the three-year business plan implementation for the first quarter of 2024, revealing that the company’s profit reached 28.3 billion dinars. This figure is twice as high as projected, EPS announced today. The profit marks a five percent increase compared to
EPS doubles its profit in Q1 Read More »
Gross electricity production in North Macedonia decreased by an annual 35.3% in March 2024, to 455,607 MWh, according to the data published by the statistical office Makstat. In the same period, net electricity generation fell to 427,947 MWh from 661,657 MWh in March 2023. Thermal power plants contributed the largest portion of gross electricity production, but their production
North Macedonia: Net electricity production fell to 428 GWh in March Read More »
Power utility Elektroprivreda BiH has proposed a linear increase in electricity prices to the Regulatory Commission for Energy (FERK) after the regulator declined an earlier proposal for the introduction of tiered electricity pricing. Following the review of the rejected price model, EPBiH has proposed a linear increase of 10% for households and an 8.1% increase for other types of
FBiH: EPBiH proposes linear electricity price hike Read More »
Algeria and Slovenia have signed several cooperation agreements, one of which involves enhancing Algeria’s gas exports to Slovenia. Slovenia’s largest gas supplier Geoplin and Algeria’s state-owned energy company Sonatrach signed an annex to their gas supply contract under which Algeria’s natural gas supply to Slovenia will increase by an additional 200 million cubic meters per
Slovenia: Algeria to increase its gas supply to Slovenia Read More »
The net electricity production in the Federation of BiH decreased to 514 GWh in April 2024 from 605 GWh in the same month of 2023, the statistical office said in a monthly report. Electricity imports rose to 63 GWh last month from 30 GWh in April 2023, while exports decreased to 110 GWh from 223
FBiH: Net electricity generation reached 514 GWh in April Read More »
Fitch Ratings has assigned Romanian Romgaz a first-time ‘BBB-‘ Long-term Issuer Default Rating (IDR) with a Stable Outlook. Romgaz’s ‘BBB-‘ rating benefits from a one-notch uplift from its ‘bb+’ Standalone Credit Profile (SCP) for state support, as per our Government-Related Entities (GRE) Rating Criteria. The SCP reflects Romgaz’s dominant position in Romania’s natural gas market,
Romania: Fitch assigns Romgaz ‘BBB-‘ Rating Read More »
The decline in production was influenced by the overhaul of the Krsko nuclear power plant In April in Slovenia, the net electricity production was 877 gigawatt hours. Compared to March (1.374 GWh), this is a decrease of just over a third, and compared to April 2023, almost a quarter. The decline in production was influenced
Slovenia: Electricity generation fell by 25% in April Read More »
In the application of the Agreement between the Governments of Azerbaijan, Georgia, Romania and Hungary regarding the Strategic Partnership in the field of green energy development and transport – the “Green Energy Corridor” project, Transelectrica and its counterparts – AzerEnerji JSC, Georgian State Electrosystem and MVM, signed a Memorandum of Understanding by which they agree
Romania: Transelectrica signed MoU on establishing Green Energy Corridor Read More »
