Region/EU
Hidroelectrica reaches EUR 10.5 billion in valuation at stock market debut in Bucharest
12 July 2023 - The start of trading showed the IPO of Romanian hydropower producer Hidroelectrica was a success for investors
Russia approves EUR 10 billion credit package for Hungary’s Paks 2 nuclear plant
11 July 2023 - Russia issued a decree for a loan of up to EUR 10 billion for the construction of the Paks 2 nuclear power plant in Hungary
North Macedonia leads Western Balkans in green energy capacity for self-consumption
10 July 2023 - Compared to a year ago, the capacity for self-consumption is drastically higher in all Energy Community contracting parties in the region
Negative power prices reveal market is still unprepared to tap on full renewables potential
07 July 2023 - Electricity producers on power exchanges across Europe were offering to pay up to EUR 500 per MWh to whoever would take their electricity
Energy Community tracker: Western Balkans’ progress towards CBAM exemption
07 July 2023 - The report assesses the steps made by the Western Balkans contracting parties in fulfilling six conditions for CBAM exemption
EU auditors: Billions spent in vain on circular economy transition
04 July 2023 - The EU's action plans and financial support have had little impact on member states' circular economy transition
Danske Commodities signs its first UK battery storage deal
04 July 2023 - Danske Commodities has signed a three-year agreement for the 25 MW battery storage asset, called Blandford Road
EU allocates EUR 2.1 billion for energy, transport, environment projects in Western Balkans
03 July 2023 - This is the fifth investment package under the EU's Economic and Investment Plan for the Western Balkans, announced in October 2020
Introducing emissions trading requires EU’s financial support
30 June 2023 - To take a position on carbon pricing, Serbia and other Western Balkan countries need financial support, primarily from the EU, says Minister Đedović
Belgium set to extend operating life of two nuclear reactors
30 June 2023 - Engie and the Belgian government have agreed terms of extending the operating life of the Doel 4 and Tihange 3 nuclear reactors
ENTSO-E appoints new governance team
29 June 2023 - The European Network of Transmission System Operators for Electricity (ENTSO-E) elected the governance team, led by President Zbyněk Boldiš.
ArcelorMittal Belgium to get EUR 280 million in state aid to decarbonize steelmaking
28 June 2023 - ArcelorMittal will substitute one of the two existing blast furnaces with a direct reduction iron plant and phase in green hydrogen
Coal plants in Western Balkans increase pollution, legal breaches in 2022
28 June 2023 - Emissions of SO2, NOx and dust all rose last year, Bankwatch said in a report on thermal power plants using coal in the Western Balkans
Large-scale heat pumps can replace 75% of Germany’s gas demand
28 June 2023 - To achieve this, Germany would need to install 4 GW of new capacities a year by 2045, a study by Agora Energiewende finds
Finnish company to decarbonize district heating with small modular nuclear reactors
28 June 2023 - Finland-based Steady Energy plans to build the world's first SMR for district heating and expects to have it running by 2030
Sweden paves way for new nuclear capacity by dropping 100% renewables target
26 June 2023 - Sweden has changed its electricity mix target from “100% renewable” to “100% fossil-free”