Market assessment underway for expansion of gas Interconnector Greece-Bulgaria
The Interconnector Greece-Bulgaria (IGB) natural gas pipeline is planned to be expanded to five billion cubic meters per year from
Serbia’s electricity imports up 15% in 2024
Electricity consumption by end consumers in Serbia increased 2.7% last year, while production decreased 6.7%, according to the 2024 annual
Simtel to install BESS for Güriş in Romania
Romanian engineering and technology company Simtel will install a battery energy storage system in Romania for Turkey-based Güriş. With a
Montenegro’s EPCG to take out EUR 50 million loan
Montenegro’s power utility Elektroprivreda Crne Gore will take out a loan of EUR 50 million to purchase electricity to supply
Bulgaria’s TPP Maritsa East 2 coal plant posts EUR 52 million loss for 2024
Even with a quota for the regulated electricity market in Bulgaria, low electricity prices pushed TPP Maritsa East 2 into
Heatwave strains European grid, brings profit to energy storage operators
Record solar power production, backed by yet insufficient energy storage capacity, helped maintain the stability of the electricity system in
Montenegro determines quota, maximum price for solar power auction
At the forthcoming auction for market premiums for electricity from solar power plants in Montenegro, the participants will bid for
Open call for green hydrogen high-efficiency CHP pilot plant in northern Greece
Greece’s Alternate Minister of Economy and Finance Nikos Papathanasis has launched an open call for the installation and operation of
Foreign renewable energy investors remain committed to Romania as large plants coming online
Renewable energy companies from abroad aren’t intimidated by negative power prices in Romania, especially with the battery storage segment accelerating.
EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries
Energy modernization projects in nine member states of the European Union will receive a total of EUR 3.66 billion from