Serbia’s EPS posts record profit for first quarter of 2023
The firm suffered a loss of almost RSD 30 billion (about EUR 256 million) in the same period of 2022
Montenegro launches day-ahead electricity market at MEPX
Montenegrin Power Exchange – MEPX or BELEN – launched its day-ahead market and registered 1.11 GWh in baseload electricity volume
Turkey launches construction of its first car battery factory
TOGG and Farasis' joint venture Siro will produce batteries near Bursa for Turkey's first national car model and all-electric SUV – the T10X.
North Macedonia to subsidize households to switch to natural gas for heating
The incentives to replace coal, wood and fuel oil with gas is a novelty in the country’s household subsidy program in the energy sector
Voltalia secures EUR 99 million loan for Karavasta solar power plant
The construction of the 140 MW Karavasta solar power plant, the first utility-scale PV project in Albania, started in July
EU to abolish free CO2 emission allowances for companies in 2034
The EU has passed the reform of the CO2 Emissions Trading System including a carbon border tax and passed a law on the Social Climate Fund
Serbia’s DSO Elektrodistribucija Srbije launches smart meter procurement
The deadline for bids to modernize the measuring infrastructure of the distribution system operator is May 3
Serbia to officially commit to phasing out coal by 2050
Obligation on decarbonization are part of the bill on the ratification of contract on guarantees for the EUR 300 million loan