Mervar: Electricity prices 40% higher until end-2026
ELES CEO Aleksander Mervar prepared a brief analysis of electricity price trends in light of the war in the Middle East
First battery energy storage systems enter Greek electricity market
The Hellenic Energy Exchange introduced Greece's first battery energy storage systems (BESS) into the day-ahead and intraday markets
Greece integrating RED3 directive with faster renewables licensing
After several warnings by the European Commission, Greece is finally moving to integrate the Renewable Energy Directive (RED3)
EU seeks coordinated action amid fears of prolonged energy supply disruption
Although the EU’s energy supplies are not under immediate threat, the bloc must prepare for a prolonged crisis and reduce oil demand, the energy commissioner warned
Bulgaria plans scheme to subsidize electricity prices for businesses
On Bulgaria's power exchange, IBEX, the day-ahead price for April 2 reached EUR 136.6 per MWh, compared to EUR 67.5 per MWh on February 27
Siemens Energy to replace transformers at Romania’s largest hydropower plant
Hidroelectrica picked Siemens Energy to supply seven transformers within the modernization of the Iron Gate 1 hydropower plant on the Danube
Brent oil on track for highest-ever monthly jump in March
The Middle East war shook the oil market, with the benchmark Brent crude oil price spiking more than 55% since the end of February
North Macedonia to invest EUR 50 million in energy renovation of public buildings
The Ministry of Energy, Mining and Mineral Resources started preparations for investments in the energy renovation of public buildings