energyobserver

SEA SECTION OF RUSSIA’S NORD STREAM 2 NATURAL GAS PIPELINE IS 60% COMPLETE / ENERGYNOMICS.RO

Russia has finished laying nearly two thirds of the Nord Stream 2 natural gas pipeline along the bottom of the Baltic Sea, the deputy chairman of Gazprom’s management committee has announced.

COURT OF ACCOUNTS: IMPORT OF NATURAL GAS INCREASED DUE TO OVER-TAXATION OF DOMESTIC PRODUCTION / ENERGYNOMICS.RO

Extra-taxation of natural gas producers’ revenues has led to a rise in cheaper Russian imports, according to a report by the Court of Accounts on the performance of the domestic market.

ENERGY COMPANIES MUST TAKE CYBER SECURITY INTO ACCOUNT – VICTOR GÂNSAC, CEO OF SAFETECH / BOGDAN TUDORACHE - / ENERGYNOMICS.RO

Expansion of IT and digitalization systems incite more and more cyber security risks, says Victor Gânsac, CEO of Safetech Innovations, a company that offers integrated solutions and services in the field of cyber security. And energy companies have to take these risks into account.

REPUBLIKA SRPSKA TO ADOPT NEW RENEWABLES INCENTIVE SCHEMES BY END-2019 / BOSNIA AND HERZEGOVINA / AUTHOR: VLADIMIR SPASIĆ / BGEN

  Republika Srpska plans to introduce auctions for the construction of hydropower and solar power plants, as well as to continue using its power generation resources, including small and large hydropower plants and lignite-fired power plants. In an interview with Balkan Green Energy News, Petar Đokić, Minister of Energy and Mining of Republika Srpska, says that he is aware of the Energy Community Secretariat’s warnings and global intentions to curb fossil fuel power plants, but that he is convinced that the application of state-of-the-art technologies at coal power plants will ensure environmental protection standards are observed.

CEZ SHAREHOLDERS HAVE MADE THE DECISION TO SELL ROMANIAN ASSETS, BUT THERE IS NO DEADLINE – SAFAR / BOGDAN TUDORACHE / ENERGYNOMICS.RO

It is too early to speculate on the price of CEZ’s assets in Romania, and a comparison for the valuation of assets’ purposes with the Bulgarian subsidiary would not be right, as Romanian businesses are more profitable, with the market being much bigger, told energynomics.ro Ondrej Safar, country manager and chairman of CEZ Romania.

SPARK, THE FIRST E-CAR-SHARING SERVICE IN BUCHAREST / ENERGYNOMICS.RO

The first e-car-sharing platform operating in Bucharest, Spark, was officially launched on Wednesday, with the lowest customer asking rate of 1.20 lei/ minute to rent a compact Renault Zoe model. Customers interested in using this car-sharing service can locate the car closest to their location via the company’s phone application, book it, and then drive up to the desired destination, where it is parked. The opening of the car, the activation of the engine and the closing of the car are done electronically, by the client, from the application on the phone, representatives of Spark Romania told a press conference, according to Agerpres. Customer tax is based on the time spent at the wheel of the car rather than the distance traveled. The two car models offered by the Spark platform are Renault Zoe and Nissan Leaf.

ABOUT 5,000 MINERS FROM THE JIU VALLEY WILL BE TRAINED AS TECHNICIANS IN THE FIELD OF WIND ENERGY PRODUCTION AND DISTRIBUTION OF ELECTRICITY / ENERGYNOMICS.RO

The mining redevelopment project in the Jiu Valley has been launched, with 5,000 miners trained to become employed in the production of wind energy and electricity distribution.

EU, US, EGYPT WARN TURKEY OVER DRILLING OFF CYPRUS / ENERGYNOMICS.RO

The United States and Egypt warned Turkey against escalating tensions in the eastern Mediterranean over its attempt to drill for oil and gas in the waters off Cyprus, while the EU threatens with sanctions.

BIH, KOSOVO*, SERBIA PAY EUR 444 MILLION IN COAL SUBSIDIES, EUR 147 MILLION FOR RENEWABLES – REPORT / REGION/EU / AUTHOR: VLADIMIR SPASIĆ / BGEN

The three most coal-intensive Energy Community (EnC) Contracting Parties – Bosnia and Herzegovina, Kosovo*, and Serbia – paid a total of EUR 444 million in direct subsidies to coal, while their incentives for production from renewables reached EUR 147 million during the period 2015-2017. The total sum of direct subsidies in all Contracting Parties, including Montenegro, North Macedonia, and Ukraine, reached EUR 1,2 billion (or on average EUR 400 million annually).

SRBIJA / EPS ENERGIJA / IZGRADNJA POSTROJENJA ZA TRETMAN OTPADNIH VODA U TE „KOSTOLAC B“ / RADOVI POČINJU U MARTU