TPP Kostolac fulfilled annual production plan – Serbia, 29 December 2016

Thermal power plant complex Kostolac, which is operated by state-owned power utility EPS, announced that it has already fulfilled this year’s electricity production plan. Since the beginning of 2016, the complex produced 6.67 billion kWh of electricity to Serbian energy system, which also broke all previous production records. This result is achieved mostly due to […]

Nuclearelectrica to invest 63 million euros in 2017 – Romania, 29 December 2016

Nuclearelectrica, the operator of sole Romanian nuclear power plant Cernavoda, announced that it plans to invest about 63 million euros in 2017. The majority of investments, some 87 %, will be allocated into maintenance and modernization of the existing two nuclear reactors at NPP Cernavoda. The company also announced that it will continue with the […]

Discounts will incur 330 million annual revenue loss to PPC – Greece, 29 December 2016

Greek Public Power Corporation (PPC) announced that a 15 % discount on electricity bills for regularly paying customers which was introduced last summer incurred a loss of 83 million euros in revenues in the first nine months of 2016. Since this measure came into force on 1 July 2016, this means that the loss of […]