EU ban on Russian oil to boost fuel prices in Southeastern Europe
Exemptions from sanctions were granted to Bulgaria and Croatia as well as to the Czech Republic, Hungary, and Slovakia
Government of Serbia keeps electricity prices at EUR 75 per MWh until end of August
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 warn compensation for price caps is drying up their liquidity
The Romanian association of energy suppliers says some of its members may cease operations amid a lack of compensation for energy price caps
Energy crisis is not emergency but new reality – Trhulj
Power companies imported electricity at a price three to five times higher than their retail price
WB-6 countries struggling to secure electricity production in their old coal power plants
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 puts coal phaseout on hold to prepare for possible Russian gas supply cut
European countries are canceling the closure of coal plants despite phaseout plans to prevent a collapse if Russia halts its gas deliveries
Putin, Vučić agree on new gas supply contract for Serbia
The agreement drew the attention of global news outlets, considering the sanctions the Western countries imposed on Russia
Wind, solar save Turkey amazing USD 7 billion in last 12 months
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