News
Turkish companies expand presence in solar power market in Romania
11 February 2025 - Turkish oil refiner Tüpraş and joint venture Defic Globe, controlled by YEO, have published updates on their operations in Romania
Cyprus launches grant mechanism for energy storage
11 February 2025 - Owners of renewable energy systems in Cyprus can apply from February 14 for grants to add batteries, under a EUR 35 million program
Giving the billions to the millions: a socially just distribution of ETS-2 revenues
11 February 2025 - For ETS-2 to work, two elements are crucial: first, revenues need to be distributed equitably and, second, other policies to reduce fossil fuel demand must complement the EU’s carbon price
Aydem Renewables to expand hydropower plant in Turkey with floating solar power system
10 February 2025 - Aydem Renewables is developing a project for turning its Adıgüzel hydroelectric facility of 62 MW into a hybrid power plant
Greece becomes net electricity exporter in 2024
10 February 2025 - Greece went from net electricity imports of 18% in 2019 to a small surplus in the balance last year, mostly attributed to gas power plants
Bulgaria’s NEK to equip five hydropower plants with battery storage
10 February 2025 - In addition to a 10 MWh pilot project at Vacha 1, NEK plans to add battery energy storage systems (BESS) to four other hydropower plants
Serbia’s EPS, industry sign contracts on disposal of ash from coal-fired power plants
07 February 2025 - Power utility Elektroprivreda Srbije will sell 30 million tons of ash to Lafarge Serbia, Elixir Group and Moravacem
Đedović Handanović: Serbia to cooperate with Slovenia in nuclear energy
07 February 2025 - Serbian Minister Dubravka Đedović Handanović spoke with Ambassador of Slovenia Damjan Bergant about cooperation in the nuclear energy sector
Serbia’s auctions draw significant interest – 40 projects submitted
07 February 2025 - The country launched the auctions in late November and the deadline for applications expired on February 5
EU to exempt 80% of importers from CBAM carbon tax
07 February 2025 - European Commissioner Wopke Hoekstra vowed to exempt over 80% of companies that are eligible for payments under CBAM
Croatia, Cyprus, Romania receive EUR 39 million for alternative fuels infrastructure
06 February 2025 - The European Commission has selected 39 innovative projects across the European Union, dedicated to deploying alternative fuels infrastructure
It’s cheaper to build new coal power plant than maintain existing ones in Republic of Srpska
06 February 2025 - The facilities are more than 40 years old, so a lot of money is needed for maintenance, according to minister Petar Đokić
Number of PPAs jumps in 2024, but volume weakens – Pexapark
06 February 2025 - The European PPA market entered an adjustment chapter last year, characterized by record deal-making for smaller volumes, Pexapark said
North Macedonia to change electricity supply model for public institutions
05 February 2025 - North Macedonia intends to introduce a new electricity supply model for public institutions to lower their costs
Turkey facilitates USD 500 million in solar power investments through auction round
05 February 2025 - The winners of PV projects in the latest auction round in Turkey must pay high contribution shares for a guaranteed price at the low end of the initial range
Floating solar power plants on small water bodies add to greenhouse gas emissions
05 February 2025 - A new study shows that placing solar panels on small bodies of water increases greenhouse gas emissions by nearly 27 percent