Germany, Netherlands emerging as BESS optimization, offtake deal hotspots
BESS dealmaking in Europe has evolved dramatically, driven by diminishing battery pack costs and the emergence of stackable revenue streams, Pexapark said
WindEurope seeks next CEO as Giles Dickson to depart
Chief Executive Officer Giles Dickson will remain at the helm of WindEurope until it appoints his successor later this year
Market assessment underway for expansion of gas Interconnector Greece-Bulgaria
The IGB gas pipeline is planned to be expanded to five billion cubic meters. The non-binding market assessment phase is underway.
Serbia’s electricity imports up 15% in 2024
Electricity consumption increased 2.7%, while production decreased 6.7% from 2023, according to the energy agency's report
Simtel to install BESS for Güriş in Romania
The EPC contract is worth RON 168.9 million (EUR 33.3 million), and the deadline for completion is nine months
Montenegro’s EPCG to take out EUR 50 million loan
Elektroprivreda Crne Gore will take out a loan of EUR 50 million to purchase electricity to supply consumers in the country.
Bulgaria’s TPP Maritsa East 2 coal plant posts EUR 52 million loss for 2024
Even with a quota for the regulated electricity market in Bulgaria, low electricity prices pushed TPP Maritsa East 2 into a loss last year
Heatwave strains European grid, brings profit to energy storage operators
Record PV production, backed by energy storage, helped maintain electricity system stability in Europe in the latest heatwave, Ember said