Energy Crisis

eurelectric power barometer 2023

Eurelectric: Investments urgently needed to triple electrification rates by 2050

07 November 2023 - The peak of the energy crisis may be over but the challenges to Europe’s decarbonization and security of supply aren't, according to the Power Barometer

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North Macedonia threatens to sue EU, Bulgaria over transit tax for Russian gas

03 November 2023 - The country is prepared to sue the EU and Bulgaria if it doesn’t get the possibility to avoid the costs of Bulgaria’s tax on Russian gas

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EU: Up to Bulgaria to decide how to use income from gas transit tax

31 October 2023 - Bulgaria can decide on its own what to do with income from the transit tax for Russian gas, the European Commission said

greece north macedonia natural gas pipeline

Greece, North Macedonia reach final investment decision on natural gas interconnector

30 October 2023 - Greece’s National Natural Gas System Operator - DESFA and North Macedonia’s natural gas transmission firm Nomagas have reached the FID

Bulgaria sets new transit fees for Russian gas that affect Greece and the region

How Bulgaria’s transit fees for Russian gas affect Greece

20 October 2023 - In addition to Serbia, Hungary and BiH, Bulgaria's new transit fee for Russian gas will substantially hit Greece, but the government is still silent

Hungary, Serbia say Bulgaria’s tax on Russian gas transit is aimed against their countries

18 October 2023 - Introducing the measure at the start of the heating season, when gas consumption is higher, could revive the energy crisis in Southeastern Europe

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Várhelyi: EU ready to build LNG terminal in Montenegro

09 October 2023 - Enlargement Commissioner Olivér Várhelyi has said the EU is ready to build an LNG terminal in Bar in partnership with Montenegro

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Southeast Europe keeps boosting regional gas pipeline links

07 October 2023 - As its remains uncertain whether Russia will stay the region's chief gas supplier, countries are looking to strengthen mutual ties

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Germany again resorts to coal to avert winter power shortages

06 October 2023 - The German government has given the green light to restarting several coal-fired power units to boost electricity supply this winter

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Romania’s Transgaz to take over stake in LNG terminal project in Greece

21 September 2023 - Mediterranean Gas, which is developing the Argo project for an LNG terminal offshore Volos, agreed to let Transgaz acquire 15% of ownership

Srbijagas, DEPA sign memorandum on natural gas cooperation

Srbijagas, DEPA plan to cooperate in natural gas sector

08 September 2023 - Srbijagas said its general manager Dušan Bajatović signed a memorandum of understanding with his counterpart from DEPA, Konstantinos Xifaras

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SEE region readies for winter: Hungary to import gas from Turkey, Serbia in talks with Azerbaijan

23 August 2023 - The situation is highly volatile, so the best policy is to ensure multiple supply routes ahead of the upcoming winter

North Macedonia secures EUR 100 million for green transformation of SMEs EIB loan

North Macedonia secures EUR 100 million for green transformation of SMEs

17 July 2023 - The credit line is part of the government's measures to support households and businesses amid the economic slowdown and the energy crisis

EU-shifting-focus-from-crisis-response-to-net-zero-agenda

EU shifting focus from crisis response to net zero agenda

14 July 2023 - The EU suggested it would ask UN member states to double energy efficiency improvements and triple renewable energy deployment by 2030

Germany suspends cooperation on energy projects with Kosovo*

07 July 2023 - Germany has decided to temporarily suspend cooperation with Kosovo*, including on two major energy sector projects

IEA-fatih-birol-gas-energy-prices

IEA chief warns of fresh energy price hike this winter

03 July 2023 - China’s economic recovery coupled with a harsh winter could push up gas prices, the IEA executive director has warned

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