Region/EU
Portugal, Switzerland launch pumped storage hydropower plants of over 2 GW in total
22 July 2022 - Iberdrola inaugurated its pumped storage plant Tâmega Gigabattery in Portugal and a similar facility was commissioned in Switzerland
Energy Community Secretariat initiates infringement procedures against Kosovo*, North Macedonia, Serbia
21 July 2022 - The secretariat seeks a decision from the Ministerial Council on the party's failure to comply with its obligation from the treaty
Climate change impacting wine, olive production in drought-stricken Italy
20 July 2022 - The Italian way of life is under threat, especially in the valley of the river Po, which turned into a creek due to the ongoing drought
EU asks member states to cut gas consumption by 15% by March
20 July 2022 - It has also proposed a legislation which would allow the commission to introduce a binding target for gas reduction
Germany to reconsider nuclear plant shutdown in following weeks
19 July 2022 - Faced with the gas supply crunch, German ministers from the Greens are willing to reconsider the scheduled closure of the last nuclear plants
Timmermans: EU risks conflict, strife due to energy crisis
14 July 2022 - The EU's top official Frans Timmermans claims a short-term return to fossil fuels is needed to prevent the risk of civil unrest
Hungary to ban energy exports
14 July 2022 - Hungary's neighbors are closely monitoring the announced measures, and one of them is Serbia which has a deal to store gas in Hungary
Energy Community can integrate 30 GW of renewables without investments in flexibility
14 July 2022 - The Study on flexibility options to support decarbonization in the Energy Community has assessed the flexibility needs, options for balancing
GGF takes green finance graduates on study tour in Berlin
14 July 2022 - GGF's Technical Assistance Facility and the Renewables Academy (RENAC) hosted a study tour in Berlin for the graduates of the Green Finance Expert Course
Green for Growth Fund achieves record expansion in 2021
12 July 2022 - GGF recorded its strongest ever net growth in its outstanding portfolio, with EUR 1.3 billion in green loans to over 42,000 end borrowers
Four power exchanges in Western Balkans to be launched by mid-2023
11 July 2022 - The inauguration of the power exchanges would be a big step forward as now there is only one operational exchange in the region
Energy Transition Tracker: Energy Community’s coal power output drops 11% in 2021
08 July 2022 - Coal power production in all nine Energy Community contracting parties has been reduced by 13% to a five-year low last year
European energy prices soar as winter gas supply pessimism mounts
07 July 2022 - Concerns for the energy security of Europe's economy have become chronic – German Uniper and France's EDF are on the verge of bankruptcy
Natural gas, nuclear energy remain part of EU taxonomy – NGOs to file lawsuit
06 July 2022 - The European Parliament rejected the motion to exclude investments in natural gas and nuclear energy from the sustainable finance taxonomy
Fossil fuels returned as top energy source in EU power generation in 2021
01 July 2022 - Among renewable sources, the biggest increase in 2021 was seen in electricity produced from solar energy, 13%,
Floating wind farm project unites fishermen, investors in Ireland
01 July 2022 - A joint 2 GW floating wind farm project is the first cooperation in the world between the two opposing sectors.