Energy Crisis
Romania picks site of old coal power plant for first small nuclear reactor in Europe
25 May 2022 - The site was chosen as a result of an agreement between Romania's Nuclearelectrica and US-based NuScale Power
Romania, Serbia in talks on pumped storage hydropower Đerdap 3, energy cooperation
25 May 2022 - Two energy ministers met in Bucharest after a roundtable organized by the Partnership for Transatlantic Energy and Climate Cooperation
Greece preparing for rolling power outages if Russia cuts off gas
24 May 2022 - If Russia stops delivering gas, Greece intends to impose rotating blackouts for energy-intensive industries
Slovenia backs controversial hydropower project Mokrice amid energy crisis
23 May 2022 - The Government of Slovenia said the public interest outweighs nature conservation in the case of HESS's hydropower project in Mokrice
Energy crisis accelerates construction of Bistrica pumped storage hydropower
23 May 2022 - The project is one of the most important investments in the energy sector of Serbia, with a planned capacity of 630 MW
EU sets out REPowerEU plan to speed up green energy transition
18 May 2022 - The REPowerEU plan calls for investing an additional EUR 210 billion by 2027 and increasing the share of renewables fto 45% by 2030
Slovenia expects electricity price hike in Q3 2022
18 May 2022 - The end of the war in Ukraine would lead to lower electricity prices, said Aleksander Mervar, ELES CEO
Bulgaria extends subsidies for businesses to pay high electricity, gas prices
17 May 2022 - The government, employers and unions have agreed on compensation for high energy prices, the government said
Greece to tax power producers’ windfall profits
16 May 2022 - The European Commission has backed taxing windfall profits to mitigate high energy prices causes by the energy crisis
German year-ahead power price holds near record amid disputes with Gazprom
13 May 2022 - German year-ahead electricity price held near yesterday's all-time high amid threats that Gazprom's gas deliveries to Europe would be cut
New offshore law to bring Romania 60% of profits from Black Sea gas
13 May 2022 - With the amendments to its offshore law, Romania expects to kickstart investments in gas for its needs as it would have preemptive rights
Republic of Srpska to add 700 MW in renewables within five years
11 May 2022 - The Republic of Srpska is exporting 35% of the electricity it produces and it will use the proceeds to promote the prosumer concept, Minister Đetar Đokić said
Serbia to protect vulnerable households from jump in energy prices
10 May 2022 - Serbia will adopt a decree to help 200.000 households to pay electricity bills and 50.000 will be able to get aid for heat costs, Minister Zorana Mihajlović said
European carbon prices tumble, failing to scale new highs as gas drops
09 May 2022 - Recession fears spilled over to the EU's carbon market: the price dropped 5% per ton after challenging recent record highs
SEE countries set up regional taskforce to jointly diversify gas supplies, strengthen energy security
05 May 2022 - Representatives of Azerbaijan, Bulgaria, Greece, North Macedonia, Romania, Serbia, Ukraine, and Turkey also discussed decarbonization and the green transition
Launch of works on Alexandroupolis LNG terminal in Greece
03 May 2022 - Works on the Alexandroupolis LNG terminal were launched today in Greece, a project that is expected to help reduce dependence on Russian gas.