Macedonia’s gross electricity output increases in Aug
SKOPJE (Macedonia), October 25 (SeeNews) – Macedonia’s gross electricity production rose by an annual 20.9% to 449,490 MWh in August, the national statistical office said on Wednesday.
Net electricity output increased 21.7% year-on-year to 420,027 MWh in August, Makstat said in a statement.
Thermal power plants contributed the largest portion of gross domestic electricity production, generating 265,392 MWh, 15.5% more than in August 2016.
Combined heat and power plants followed with 89,878 MWh, over four times more compared to August last year.
Hydropower plants generated 78,787 MWh, down 25.4% on the year.
Electricity generated by wind parks dropped 20.8% year-on-year to 7,964 MWh, while biogas plants’ output increased 41.9% to 4,707 MWh. Solar plants produced 2,762 MWh of electricity, up 2.1% on the year.
Macedonia’s electricity imports fell by an annual 16.5% to 156,688 MWh in August, while electricity imports soared to 41,752 MWh from 5,296 MWh in August last year.
Distribution losses shrank 5.6% on the year to 48,165 MWh in August.
EBRD has acquired stake in Ictas Surdurulebilir Enerji Yatirimlari, the renewable energy arm of Turkey’s IC Holding for $100m
The EBRD’s investment is expected to provide new boost to Turkey’s renewable energy sector. Ictas Surdurulebilir Enerji Yatirimlari owns a portfolio of ten hydropower plants with a total capacity of 400MW. With the funding, the company expects to invest in wind and solar power with a combined capacity of up to 250MW. The investment will…
Romania’s Govt. renews promises for 10% IPO at Hidroelectrica
Romania’s Government plans to launch an initial public offer (IPO) for the sale of a 10% stake in hydropower producer Hidroelectrica and a 15% stake in coal and power company CE Oltenia, according to the 2019-2022 Convergence Program, passed by the Government on May 8. The offers would include the issuing of new shares by…
EPCG’s new investment cycle focuses on portfolio diversification, hydropower projects
A Belgrade consortium comprising engineering firm Energoprojekt Hidroinženjering and water management institute Jaroslav Černi has been selected to produce a conceptual design for hydropower plant (HPP) Komarnica, and has already prepared an environmentally acceptable technical solution, which paves the way for the construction of the power plant following decades of research, Igor Noveljić, CEO of…