Energy Crisis

HEP to take loans worth EUR 1 billion to secure energy supplies

EUR 1 billion loan for HEP to secure energy supplies

07 June 2022 - The funds will be used to buy gas for the Okoli storage facility and achieve the target set by EU to fill up at least 80% of gas storage capacity before the winter

Croatia considering alternative fuels retired coal plant Plomin 1

Croatia examining alternative fuels for its retired coal plant Plomin 1

07 June 2022 - A consortium will determine the best solutions for using gas, biomass and waste in defunct thermal power plant Plomin 1 in Croatia

Priority new Government Slovenia energy crisis

Priority of new Government of Slovenia is to tackle energy crisis

06 June 2022 - Prime Minister Robert Golob promised everyone would take their fair share of the burden from rising food and energy prices

EU ban on Russian oil supply prices southeast europe

EU ban on Russian oil to boost fuel prices in Southeastern Europe

06 June 2022 - Exemptions from sanctions were granted to Bulgaria and Croatia as well as to the Czech Republic, Hungary, and Slovakia

Electricity price for businesses won't change by end of August in Serbia

Government of Serbia keeps electricity prices at EUR 75 per MWh until end of August

03 June 2022 - Serbia has decided to keep electricity tariffs frozen to ease the burden of the price spike on consumers amid the energy crisis

Romanian energy suppliers compensation price caps is liquidity

Romanian energy suppliers warn compensation for price caps is drying up their liquidity

02 June 2022 - The Romanian association of energy suppliers says some of its members may cease operations amid a lack of compensation for energy price caps

The energy crisis is not an emergency, but a new reality - Trhulj

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

Western Balkan countries struggling coal plants

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 coal phaseout on hold Russian gas supply cut

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

Serbia agrees new gas supply contract with Russia - Vucic

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 USD 7 billion in last 12 months

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

serbia hungary mali szijjártó gas power line cooperation energy crisis

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

diversification

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 coal power plant first small nuclear reactor in Europe nuclearelectrica nuscale

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 held talks on pumped-storage HPP Đerdap 3, closer energy ties

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 rolling power outages Russia cuts off gas

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

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