Energy crisis accelerates construction of Bistrica pumped storage hydropower
The project is one of the most important investments in the energy sector of Serbia, with a planned capacity of 630 MW
EU sets out REPowerEU plan to speed up green energy transition
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
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
The government, employers and unions have agreed on compensation for high energy prices, the government said
Greece to tax power producers’ windfall profits
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
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
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
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
