Energy Crisis
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.
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