Bulgarian government to subsidize electricity price for industrial consumers
Prices have increased 72% from the beginning of the year, and today the price on the day-ahead market is at EUR 133 per MWh.
Spain taxes renewables, nuclear power producers
Government rolled out a tax to mitigate the impact of the soaring electricity and gas prices on consumers.
Power suppliers to loose licenses after failing to secure electricity
The Energy and Water Services Regulatory Commission has launched the procedure to repeal the licenses of two electricity suppliers.
Prices on power exchanges soar 60% against pre-pandemic levels
Electricity markets in the region have seen daily prices of up to EUR 120 per MWh in recent days, an increase of about EUR 30 against the same period in 2019.
20 to 50 percent increase of electricity price for companies in Serbia – how businesses can ease this burden?
Serbia has been delaying the energy transition for years, but the impact of the energy transition in the EU has spilled over to the country through the electricity prices for businesses.
Renewables and the market: intermittent energy source balancing is not that hard to grasp
The COVID-19 pandemic has rocked electricity markets across Europe, including Serbia. “Prices on SEEPEX in May dropped by about 40% against the three-year average. This trend will continue for some time, while forecasts beyond that period will depend on how fast consumption returns to pre-pandemic levels,” according to Dejan Stojčevski, Chief Operating Officer of the […]
Electricity prices to dive 30% in the region – analyst
Electricity prices in the region could fall 30%, said Nickolay Kiskinov, managing partner at Bulgaria-based Vladimirov Kiskinov Attorneys-at-law. The current electricity prices at the power exchange in Bulgaria are mostly similar to those in the European western markets where, after the initial collapse, prospects are beginning to change due to expectations of economic recovery, he said […]
Romania caps energy prices including electricity, heat
Romania has limited the prices of electricity, heat, natural gas, water supply, sanitation and fuels due to coronavirus. On March 16, President Klaus Iohannis declared a state of emergency in Romania, which was approved by Parliament three days later. According to the decree, some prices may be capped, including electricity and thermal energy, gas, water […]