Energy Crisis

German stress test for winter - two nuclear plants as back-up

Grid stress test: Germany intends to extend operation of two nuclear plants

06 September 2022 - After performing a stress test, the German government now wants to keep two reactors in reserve this winter instead of closing them

nord stream shut down gazprom electricity gas prices

Natural gas, electricity prices soar 30% on Nord Stream 1 shutdown

05 September 2022 - Gazprom said it would keep the Nord Stream 1 pipeline offline right after the G7 agreed to cap the price of Russian oil

Democratic Party asks for parliamentary inquiry committee who is responsible for outages in EPS

Democratic Party demands parliamentary inquiry: who is responsible for outages in EPS?

05 September 2022 - As a result of the outages, Serbia became a major importer of electricity and spent EUR 650 million since last winter

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Albania, Serbia sign memorandum to cooperate in energy, mining sectors

02 September 2022 - The memorandum of cooperation between the two countries was signed at a summit of the Open Balkan initiative in Belgrade

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Mihajlović: Serbia preparing projects for two pumped-storage hydropower plants

02 September 2022 - Đerdap 3, a hybrid pumped-storage power plant, should be built in phases, Minister Zorana Mihajlović said in a interview

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

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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

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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

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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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