
The European Union will support the construction of the Rentel wind farm off the Belgian coast with a loan of up to EUR 300 million from the EIB. EUR 250 million of the loan will be guaranteed under the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe, in which the EIB is the strategic partner of the European Commission. The total cost of the project is estimated to be around EUR 1.1 billion, of which the EIB will provide approximately 27%.
Source: eib.org
















Since the last IEA in-depth review in 2009, Turkey has made significant progress in reforming its energy sector. Completing the reforms will allow Turkey to tap into its renewable and energy efficiency potentials, latest IEA report says.










Energy portal had chance to meet in Novi Sad Mr Henk van den Dool, ambassador of Netherlands in Serbia. We talk to him during the fair “International days of energetics and investment” which were held in March. He presented energy sector of his country at the opening ceremony of the international conference Perspective & Challenges in Energy sector. In the summer of 2015, Henk van den Dool was appointed Ambassador to the Republic of Serbia in Belgrade. He is also accredited to Montenegro. The main areas of expertise and interest of Ambassador Van den Dool are European Integration, Human Rights and transformation processes in Central and Eastern Europe. Since Serbia has many challenges to solve in process of EU integration, his opinion about energy sector is very useful.
Mr Dool: As part of our approach to a more sustainable energy system, the Dutch are fully embracing energy from organic sources, specifically biomass, waste, biofuels, the Jatropa plant and algae. Biomass accounts for almost two-thirds of the sustainable energy currently used in the Netherlands, while the government is aiming to produce 30 percent of its energy using biomass by the year 2030. It is the simplest of all the sustainable options to integrate into energy management. Obtaining bio-energy from biomass may involve combustion, gasification, fermentation, or the production of liquid biofuels. The most important bio-energy sources are biomass additives and fuel in power plants, biofuels for motor vehicles, and energy from waste incineration plants.


NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key components in sustainable energy networks, used for transmitting large amounts of electricity over long distances. The business is part of ABB’s Power Grids division, which is currently undergoing a strategic review.