Bulgaria to continue to use coal power plants at least until 2030

Bulgaria will continue to use its coal power plants in the following decade and further on, according to the national plan with a 2050 horizon, Energy Minister Temenuzhka Petkova said after meeting with representatives of two trade unions, local media reported. They discussed the European Green Deal. The Confederation of Independent Trade Unions in Bulgaria […]

Electricity February 27, 2020

EU conditions EUR 251 million state aid to coal, power utility CE Oltenia

The European Commission has approved Romania’s plans to grant a EUR 251 million loan to second-biggest power producer Complexul Energetic Oltenia (CE Oltenia) but with strict conditions. The Romanian government has defined a plan to help Complexul Energetic Oltenia (CE Oltenia), coal-based utility trapped in a financial squeeze for years. A public loan warrants approval […]

Electricity February 26, 2020

PPC may detail lignite phaseout, Greek grid stake sale in late January

The presentation of the integrated five-year business plan outlining the Public Power Corporation’s overhaul and development strategy has been postponed to January 30 as the media in Greece learned the provisions are still essentially unchanged. The path forward especially depends on the European Commission’s stance after the upcoming negotiations about the closure of the lignite […]

Electricity December 23, 2019