Romania, Bulgaria in talks on 840 MW hydropower project on Danube river
Romanian officials said talks would resume with Bulgaria on building the Turnu Măgurele – Nikopol hydropower plant on the Danube river
Court orders EPS to cut SO2 emissions due to harm to human health, environment
An earlier study showed that thermal power plants in the Western Balkans emit 2.5 times as much SO2 as those in the EU
Croatia, Slovenia to introduce windfall tax
Countries around Europe have already introduced a windfall tax to finance generous subsidies paid to the population and businesses
Italian consortium to build first solar panel factory in Bulgaria
Italy-based IEXE Solar will build the first solar panel factory in Bulgaria in the industrial zone of Yambol
COP27: Deal on loss and damage fund saves climate conference from debacle
At COP27, delegates agreed to establish a fund to help the most vulnerable countries but failed to commit to phasing out all fossil fuels
Serbia to increase prices of electricity, natural gas
Minister Dubravka Đedović earlier indicated that the prices of electricity and gas would be raised, arguing they are unsustainable
Auctions system accelerated renewables expansion in EU, reduced subsidies
The cost of supporting renewables in the EU fell after auctions were introduced while annual capacity additions grew
Europe’s biggest battery energy storage system is online
The Pillswood facility, developed by Harmony Energy, can store up to 196 MWh of electricity in a single cycle