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 […]
Romanian manufacturers seen tapping on EU’s high-efficiency CHP subsidies to cut energy costs
Romanian manufacturers are increasingly seeking new solutions to cut electricity costs, including through the European Union’s (EU) subsidies for building high-efficiency cogeneration (CHP) facilities for the production of energy for their own manufacturing activities, according to Business Review, a Romanian business news website. Under the financing axis 6 of its Operational Program for Large Infrastructure […]
Downward trend in industry prices in Energy Community ends in 2018 – ACER report
The upward trend in final household prices in the Energy Community Contracting Parties continued in 2018, while final industry prices increased on average in 2018 after several years of continuous decrease, the ACER Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets in 2018 finds. The Market Monitoring Report (MMR) […]