Timmermans: energy price hikes should speed up green transition, not slow it down
Only about a fifth of the energy price increase can be attributed to the rising costs of CO2 emissions, while the rest is simply due to a market shortage, says the European Commission’s vice president in charge of climate issues.
Romania’s Oltenia to switch from coal to solar power using proceeds from CO2 permits
Romania hopes to get most of the EUR 671 million for solar power plants in coal complex CE Oltenia from the EU's Modernization Fund
Several undersea power cables about to connect Europe with Africa
Greece and Egypt are in talks about the possibility to lay a 2 GW submarine interconnector on the bottom of the Mediterranean Sea
Minister Mihajlović: Serbia to hold first renewables auction in December
Serbia will hold its first auction for premiums for wind and solar in December, while a three-year schedule will be unveiled by the end of February.
North Macedonia awards strategic investment status to wpd’s, EFT’s renewables projects
The Government has awarded a status of strategic investment projects to wpd’s wind farm Virovi and to EFT’s solar PV plant Erdželija.
Winners of offshore wind auctions in Germany chosen by lottery
The German regulatory body was forced to choose the winners in offshore wind auctions by drawing lots as they all asked for zero subsidies
Zaev: North Macedonia setting example in energy transition for Southeast Europe
Prime Minister Zoran Zaev has said North Macedonia is setting an example for other countries in the region by turning a coal-fired power plant to a photovoltaic plant.
PPC Renewables preparing 500 MW solar power project to replace coal
PPC Renewables CEO Konstantinos Mavros said a single 500 MW solar power project, one of the largest in Europe, would be announced within six months
