Energy Crisis

German firms lower, halt production due to high energy prices habeck

German firms reduce, halt production over high energy prices

01 September 2022 - The halting of production because of the high energy prices is seen by the German government as an alarming situation

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Turkey breaks record in solar, wind power output in July

01 September 2022 - Turkey's solar power plants generated a total of 2.07 billion kWh and wind power plants 4.2 billion kWh in July

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EU governments preparing market reforms to decouple power prices from gas

29 August 2022 - Austria, Belgium, and Germany believe market reforms are inevitable to weaken the prevailing influence of gas costs on electricity prices

Montenegro to follow Croatia's move, set to abolish VAT on solar panels

Following Croatia, Montenegro to abolish value added tax on solar panels

29 August 2022 - The Ministry of Economic Development and Tourism of Montenegro announced that it is preparing new measures to weaken the pressure of the energy crisis in the autumn

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Facades of government buildings set to go dark as Serbia readies power saving measures

29 August 2022 - Serbia plans to offer large discounts on electricity bills to households that cut their consumption compared to the same month a year earlier

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The Hague hopes to keep buying Russian gas after EU sanctions deadline

26 August 2022 - The Hague seeks a temporary exemption from the EU’s sanctions against Russia as it struggles to find a replacement for Gazprom’s gas

eu-countries-bruegel-energy-crisis

EU countries set aside EUR 236 billion in past year to offset energy crisis

25 August 2022 - Measures to shield businesses and citizens against the rising energy prices range from tax breaks to direct financial aid

France to introduce unprecedented measures to cushion energy crisis windeurope

France to introduce unprecedented measures to cushion energy crisis

25 August 2022 - The French government has made a move to have as many new power plants as possible in operation in the shortest possible time

sarajevo-pellet-factory

Sarajevo secures funding for wood pellet factory

25 August 2022 - While governments in the region are struggling to secure enough wood pellets, Sarajevo Canton is moving forward with a plan to build a factory

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Bulgarian gas thriller – between LNG tankers and payments in rubles

24 August 2022 - Bulgaria is looking to Azerbaijan and Turkey for additional gas supplies, as the caretaker government announces inevitable talks with Gazprom

Prices_electricity_gas_heating_oil

Europe’s power crisis overtaking gas crisis

24 August 2022 - Europe is now facing a parallel gas and power crisis. The influence of the rising...

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Record electricity, gas prices: steady supply in the Balkans will depend on coal power plants

24 August 2022 - Power prices rose due to gas price hikes, prompted by Gazprom’s announcement it will suspend Nord Stream 1 deliveries for three days

heyden 4 coal power plant uniper restart

Germany’s Uniper to restart 875 MW coal power plant for 2022/2023 winter

23 August 2022 - Germany's Uniper is bringing the Heyden 4 coal power plant back on the market to help secure electricity during the upcoming winter

Croatia plans to expand LNG terminal on Krk island

23 August 2022 - Croatia is boosting its LNG capacity in a bid to strengthen gas supplies, while environmental organizations say the government is misleading the public

coal-projects

Energy crisis triggers new coal projects in Republic of Srpska, Serbia

22 August 2022 - Republic of Srpska plans a new unit at thermal power plant Gacko, as firm in Serbia eyes an underwater coal mining project

Serbia to spend EUR 3 billion on energy imports next winter

Serbia to spend EUR 3 billion on energy imports next winter

22 August 2022 - The import of natural gas and electricity cost Serbia EUR 1.65 billion last winter

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