Public Power Corporation has received funds to speed up its Mesochora hydropower project, stalled for 24 years. The Greek Ministry of Environment and Energy announced that the procedures to complete the Mesochora hydropower plant (HPP) in Trikala would be significantly accelerated, ending a 24-year period of judicial deadlock and construction suspension. Of note, the project […]
Romanian state-owned hydropower operator and electricity supplier Hidroelectrica is expecting record-low output this year amid a severe drought. However, it entered the winter season with much higher water reserves than in 2024. The company projected its annual profit at EUR 590 million. Chronic drought and heat in Southeastern Europe may require countries in the region […]
A new agreement between the UAE and Montenegro will facilitate connecting the energy sector with financial technologies and artificial intelligence. The two countries are also considering to deploy solar, wind, hydropower, green hydrogen and battery projects. The United Arab Emirates and Montenegro agreed to cooperate in the energy sector, setting up a bilateral strategic partnership […]
Serbia’s power utility Elektroprivreda Srbije (EPS) signed a contract for the modernization of its Vlasina hydropower plants with Energotehnika – Južna Bačka. The contract for the reconstruction and modernization of the Vlasina (Vlasinske) hydropower plants (HPPs), with a capacity of 129 MW, was signed by Dušan Živković (sitting first from right), Chief Executive Officer of […]
Power utility Elektrani na Severna Makedonija estimated that it requires EUR 3 billion by 2040 to replace electricity from its lignite-fired power plants. According to member of the Board of Directors Ivan Stojanovski, the state-owned company is preparing investments in gas power plants, solar, wind, hydropower and energy storage. He highlighted its plans for a […]
PPC Group has launched the construction of a battery energy storage system in the area of its Amyntaio coal plant. The company is also building BESS facilities at its thermal power plants Kardia and Meliti, as it is preparing to end coal use in Greece. One BESS unit is under construction in Bulgaria, as well. […]
The share of solar power plants’ capacity in North Macedonia has surpassed hydropower plants in 2024, Minister of Energy, Mining and Mineral Resources Sanja Božinovska said at the 14th International Forum on Energy for Sustainable Development in Skopje. The three-day International Forum on Energy for Sustainable Development (IFESD-14) started yesterday. Its theme is From Goals […]
Since last year, there is more electricity generation capacity in private ownership in Albania than in the system under state-controlled utility KESH. Growth in the solar power segment is the biggest factor for the switch. Its share of capacity has reached 10%. Government-owned KESH in Albania lost its monopoly in electricity production in 2007 with […]
Electricity production at state-owned power utility Elektroprivreda Srbije’s (EPS) hydropower plants is set to hit a historic low this year due to unfavorable hydrological conditions, caused by exceptionally low precipitation in the Drina and Danube river basins over the past 18 months. The year-end figure will depend on whether and how well the hydrological situation […]
Romanian state-owned power utility Hidroelectrica will install storage on all its run-of-river hydropower plants, to be able to switch the supply of surplus electricity to the evening peak, according to interim CEO Bogdan Nicolae Badea. Hybrid power plants are all the rage. Two- and even three-way combinations between batteries and solar and wind power plants […]