Elektroprivreda BiH issues a Tender for Baseload Power Surplus
» Elektroprivreda BiH issues a Tender for Baseload…
Bosnia’s biggest power utility Elektroprivred Bosne i Hercegovine (EPBiH) on Friday issued a tender to sell nearly 221 gigawatt hours (GWh) of baseload power surplus it will produce in the second half of 2019.
EPBiH invited both domestic and international bidders to place their bids by April 19.
Unlike its Balkan neighbors, which rely on imports to cover part of their energy needs, BiH is able to export power thanks partly to hydropower generation, which provides 40 percent of its electricity. The rest comes from coal-fired plants.
Net profit at EPBiH soared to 52.4 million BAM ($30.2 million) in 2018 from just 620,382 BAM a year before thanks to improved hydropower output after a drought a year before, India Times reports.
Source: Sarajevo Times
EPCG to invest EUR 700 million to build new renewables capacities, upgrade other facilities
Author: Vladimir Berbatović Source: Balkan Green Energy News https://balkangreenenergynews.com/epcg-to-invest-eur-700-million-to-build-new-renewables-capacities-upgrade-other-facilities/ State power utility Elektroprivreda Crne Gore (ЕPCG) will invest a total of EUR 700 million to build new renewable energy capacities and upgrade its other power generation facilities to bring them into line with environmental standards, with the aim of reducing dependence on imports due to hydrologic conditions,…
EPS to invest EUR 4.6 billion by 2027, EUR 700 million to go into hydropower, renewables
Author: Vladimir Spasić Source: Balkan Green Energy News https://balkangreenenergynews.com/eps-to-invest-eur-4-6-billion-by-2027-eur-700-million-to-go-into-hydropower-renewables/ Public power utility Elektroprivreda Srbije (EPS) intends to invest EUR 4.6 billion from 2019 to 2027, of which EUR 1.6 billion in the modernization of existing and construction of new thermal power plants (TPPs) as well as environmental protection, EUR 1,3 billion in distribution projects, EUR 1 billion…
Romanian hydropower company spends EUR 80 mln to refurbish 350MW power plant
Romania’s state-owned hydropower company Hidroelectrica will totally refurbish its hydropower plant (CHE) Râu Mare – Retezat under a EUR 80 million project, financed from own funds. The plan’s capacity will increase to 350MW after the process, Economica.net reported. The company wants to make CHE Râu Mare – Retezat the country’s largest supplier of system services,…