Energy Crisis
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.
ACER report: electricity price volatility is likely to increase in years ahead
02 May 2022 - In its Final Assessment of the EU Wholesale Electricity Market Design, ACER says that the electricity market design is not to blame for the energy crisis
Energy Community’s Ukraine Energy Support Fund receives first donation
29 April 2022 - Denmark provided a donation to the Ukraine Energy Support Fund for equipment and energy for Ukrainian companies in the sector
Electricity prices for households in Serbia have to be higher – ministry
29 April 2022 - Since the beginning of the energy crisis, the prices in the Southeast Europe were frozen or increased in the small range
Serbia’s EPS delaying, reconsidering reconstruction of coal plant units
27 April 2022 - EPS said it is reconsidering the plan to reconstruct coal plant units TENT A1 and A2 and that it intends to start works on TENT B2 only in 2025
Bulgaria reviewing gas transit contracts with Gazprom after delivery suspension
27 April 2022 - Bulgarian Prime Minister Kiril Petkov said Gazprom's move is blackmail and that the government is reviewing all agreements, including the ones on transit
Balkan countries count on offshore platforms, LNG to replace Russian gas
20 April 2022 - Southeastern European countries are cutting red tape for offshore gas, offering incentives and looking at LNG as an alternative to Russian gas
Croatian companies face up to 400 percent higher power bills with new contracts
15 April 2022 - The Croatian Employers' Association is asking for electricity subsidies similar to the model introduced for natural gas
Wind, solar PPA prices jump 27.5% in Europe year over year
14 April 2022 - The wind and solar PPA index for 14 European countries rallied 8.6% in the first quarter and 27.5% year on year, to EUR 57 per MWh
Environmentalists oppose Greece’s plan to accelerate fossil gas exploration, extraction
14 April 2022 - Greece is speeding up exploration activities with the aim to exploit potential oil and gas reserves and build infrastructure
Energy transition in Western Balkans – how to move forward
08 April 2022 - In an op-ed for Balkan Green Energy News, energy experts Mirza Kušljugić and Damir Miljević write about the ongoing energy crisis and the energy transition in the Western Balkans.
EU bans Russian coal imports – what lies ahead for global coal, gas, power prices
08 April 2022 - EU member states import more than 40 percent of the coal they consume, and half is supplied from Russia
Serbia to be exempt from EU’s sanctions against Russian oil firms
08 April 2022 - The fourth package of EU sanctions has banned EU companies from doing business with a new list of Russian companies
Revised Fit for 55: Preliminary goals show more renewables, nuclear, coal – much less natural gas
06 April 2022 - The revision of the Fit for 55 energy package calls for more renewables, coal and nuclear in order to offset a great reduction in natural gas