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information on the energy sector

THERE IS NO LIFE WITHOUT WATER, AND SMALL HYDROPOWER PLANTS WOULD EXTINGUISH IT ON STARA PLANINA / AUTHOR: SVETLANA JOVANOVIĆ / BGEN

Aleksandar Jovanović Ćuta has been fighting against the construction of run-of-river small hydropower plants (SHPPs) on Mt. Stara Planina (the Balkan mountain range) since 2016. Growing up, Jovanović witnessed much better hydrological days of the rivers and streams of Stara Planina, which have since been hurt by climate change and investors’ plans to build SHPPs. In an interview with Balkan Green Energy News, Jovanović says that building SHPPs in protected areas would be impossible but for “the legal system breakdown.”

18.05.2019 · SERBIA

IS BECOMING A PROSUMER IN SERBIA AN IMPOSSIBLE MISSION?/SERBIA AUTHOR: BALKAN GREEN ENERGY NEWS

Aleksandar Janjić, PhD, Univeristy of Niš, Faculty of Electronic Engineering, Department of Power Engineering Perhaps even more so than Serbian energy companies, the Serbian language tends to be resilient to novelty, and blend words. This is why any attempt at translating the term “prosumer” ends up as an entertaining incident. Prosumer is a term coined in 1980 by American futurist Alvin Toffler in his bestseller The Third Wave to refer to the active role that consumers would play when goods would be mass customized in the production process (prosumer = producer + consumer). However, in recent years the meaning and significance of the term has evolved due to the integration of information technologies and renewable energy into what is often called the “smart grid.”

18.05.2019 · SERBIA

MONTENEGRO SCRAPS FEED-IN TARIFF SURCHARGE / MONTENEGRO / AUTHOR: VLADIMIR SPASIĆ/ BGEN

The Montenegrin government has decided to abolish the surcharge paid by consumers through electricity bills to fund the feed-in tariff scheme for privileged power producers. The funds collected through the surcharge will instead be secured through coal excise duty. Answering MPs questions in the parliament, Prime Minister Duško Marković said the abolition of the surcharge will lower electricity bills by 1.5%-5%.

18.05.2019 · MONTENEGRO

HIGH-TECH SOLUTIONS FOR ROMPETROL RAFINARE’S TRANSPORTS / ENERGYNOMICS.RO

Rompetrol Rafinare, a member of the KMG International Group, together with its main partner for domestic rail transport, Romanian Rail Group, successfully implemented a real-time monitoring and control system for oil products traffic.

11.05.2019 · ROMANIA

TRANSGAZ HAS SIGNED THE MEMORANDUM OF UNDERSTANDING TO TAKE OVER THE GAS TO BE PRODUCED BY BLACK SEA OIL & GAS / ENERGYNOMICS.RO

On Monday, May 6, SNTGN Transgaz SA signed the Memorandum of Understanding on the use and development of the natural gas transmission network for the Midia Gas Development Project (“MGD Project”) with Black Sea Oil & Gas (BSOG). This comes immediately after the Ministry of Energy has issued the decision that allows Transgaz to start the works of the Podişor pipeline, which will unite the Black Sea platforms with the national transport system as well as the future BRUA project

11.05.2019 · ROMANIA

MOL GROUP ANNOUNCES A GLOBAL PROFIT BEFORE TAX OF USD 500 MLN. AND RISING DIESEL SALES IN ROMANIA / BOGDAN TUDORACHE / ENERGYNOMICS.RO

Mol posted an EBITDA of over USD 500 million in the first quarter of 2019, the company said.

11.05.2019 · HUNGARY

NUCLEARELECTRICA – 3 MAJOR INVESTMENT PROJECTS AND THE FINANCING FOR THEM / ENERGYNOMICS.RO

At present, SNN is focusing on three major investment projects, said Cosmin Ghiță, Nuclearelectrica’s general manager, at a CNR-CME conference in Bucharest: the detritiation facility, the refurbishment of Unit 1 in Cernavodă and the project of Units 3 and 4.

11.05.2019 · ROMANIA

THE SIBIU DECLARATION – GENEROUS PRINCIPLES TO BE TESTED VERY SOON / ENERGYNOMICS.RO

EU leaders gathered in Sibiu, Romania, for a special summit on Europe Day to proclaim their unity before the European Parliament elections in two weeks (also read European elections on May 26 – 3 reasons why it is important) and amid the strong turbulences against the EU (BREXIT, asymmetric threats, stranded euro Atlantic relationship, climate vs economic competitivity. How the EU answers such challenges will define the future of the continent for the next decades (also read The EU is about to define itself a new strategic vision).  This is the official Sibiu Declaration.

11.05.2019 · ROMANIA

OMV PETROM: NOTHING HAS CHANGED IN THE DECISION ABOUT THE BLACK SEA EXPLOITATION – WE HAVE NOT TAKEN ANY NEW DECISION / BOGDAN TUDORACHE / ENERGYNOMICS.RO

OMV Petrom’s new report released last week led some analysts to interpret that the company would have taken a new decision to postpone investment in the Black Sea, a fact firmly denied by a company official for energynomics.ro.

11.05.2019 · ROMANIA

SHAREHOLDERS DO NOT AGREE FOR HIDROELECTRICA TO HIRE LAWYERS / ENERGYNOMICS.RO

Hidroelectrica’s plans to diversify and develop the production portfolio through new projects can be done, but only with its own strength. For the shareholders did not approve the acquisition of consulting advisory services requested by the company for „the company’s objective to diversify and develop its production portfolio through new projects, both through business transfer, acquisition of holdings, development of innovation centers, research, acquisition of shares of other companies or other methods”, says a document quoted by investenergy.ro.  

11.05.2019 · ROMANIA

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