Energy Crisis
Energy crisis is not emergency but new reality – Trhulj
01 June 2022 - Power companies imported electricity at a price three to five times higher than their retail price
WB-6 countries struggling to secure electricity production in their old coal power plants
31 May 2022 - It's going to be a long winter in several Western Balkan countries as old coal-fired power plants are unreliable and lignite is scarce
Germany puts coal phaseout on hold to prepare for possible Russian gas supply cut
30 May 2022 - European countries are canceling the closure of coal plants despite phaseout plans to prevent a collapse if Russia halts its gas deliveries
Putin, Vučić agree on new gas supply contract for Serbia
30 May 2022 - The agreement drew the attention of global news outlets, considering the sanctions the Western countries imposed on Russia
Wind, solar save Turkey amazing USD 7 billion in last 12 months
27 May 2022 - Wind and solar power plants saved Turkey USD 7 billion over the last 12 months as it would have had to compensate for the shortfall with gas imports
Hungary, Serbia agree to improve energy cooperation
26 May 2022 - The two countries plan to strengthen energy ties to ensure a stable energy supply and achieve energy security during the energy crisis
IGB, Alexandroupolis LNG to help gas diversification in Bulgaria, Greece, Western Balkans
26 May 2022 - New natural gas infrastructure is key for increased diversification in the Balkans, according to Alexander Nikolov
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