Electricity consumption in Serbia decreases 5% to 7% due to coronavirus

Electricity consumption in Serbia is 5% to 7% lower than in the same period last year, probably because the economy operates with reduced capacity, said Milorad Grčić, acting director of state-owned power utility Elektroprivreda Srbije (EPS). According to Grčić, household consumption does not have a major impact on the increase or decrease of consumption, while […]

Romania caps energy prices including electricity, heat

Romania has limited the prices of electricity, heat, natural gas, water supply, sanitation and fuels due to coronavirus. On March 16, President Klaus Iohannis declared a state of emergency in Romania, which was approved by Parliament three days later. According to the decree, some prices may be capped, including electricity and thermal energy, gas, water […]

Wind portfolio in Turkey increased by 687 MW in 2019

In 2019 Turkey added 687 MW of installed capacity in wind power plants, which is an increase of 9.32% from 2018. In percentage, this is the second-worst achievement from 2006, but in terms of installed capacity, only four years have seen better results. According to the Turkish Wind Energy Statistic Report, the overall installed capacity […]

GEN-I cuts Slovenian power prices 15% for three months amid pandemic

Energy trader and supplier GEN-I lowered its electricity tariffs for low voltage in Slovenia, adding to the government’s support measures due to the coronavirus pandemic. Households and small businesses buying power from GEN-I doo are getting a 15% discount in the company’s home market. Slovenian customers in the category will be paying almost 30% less […]

Electricity, carbon prices plummet as coronavirus wounds EU economy

Market participants pushed prices of electricity and emission certificates lower at the main exchanges in Europe while widespread shutdowns caused a decline in carbon and other greenhouse gases released by the industry because of restrictions aimed at slowing the spread of the coronavirus. Statistical data show a global recession is close as the pandemic crippled […]