electricity

HUPX merges into regional power exchange ADEX

HUPX merges into regional power exchange ADEX

10 December 2024 - ADEX Group completed the merger with Hungarian Power Exchange (HUPX), becoming its sole shareholder. The holding includes BSP and SEEPEX

Romania risks power outages as import capacity is nearing its limits

Romania risks power outages as import capacity is nearing its limits

09 December 2024 - Imports account for over 35% of power consumption in Romania during daily peaks, but Minister of Energy Sebastian Burduja isn't pessimistic

Bulgaria call standalone energy storage 4 3 times oversubscribed

Bulgaria’s call for standalone energy storage is 4.3 times oversubscribed

09 December 2024 - Developers in Bulgaria applied for 4.3 times more in grants for standalone energy storage than the budget. Funding is uncertain, though.

Albania allows agrisolar wind power plants on pastureland

Albania allows agrisolar, wind power plants on pastureland

09 December 2024 - Demand for solar and wind power plants prompted Albania to adopt a law allowing such installations on pastureland

Akuo raises EUR 194 million through green bonds for energy projects

Akuo raises EUR 194 million through green bonds for energy projects

09 December 2024 - Akuo sold green bonds worth EUR 194 million to old partners and new institutional investors for green energy plants and storage units

ugljevik mine thermal power plant

Thermal power plant Ugljevik halts production due to lack of coal

05 December 2024 - The management of RiTE Ugljevik, which operates a coal mine and the thermal power plant, blames those who ran the company in previous years.

Eurelectric EU has tools tackle negative high power prices simultaneously

Eurelectric: EU has tools to tackle negative, high power prices simultaneously

04 December 2024 - Eurelectric proposed measures to the European Commission to address power price spikes as well as episodes of ultralow and negative prices

Econergy loan PV project Romania EUR 87 million bonds

Econergy signs loan for its PV project in Romania, raises EUR 87 million through bonds

04 December 2024 - Kommunalkredit Austria approved EUR 28 million for Econergy Renewable Energy's Iancu Jianu photovoltaic project of 58 MW in south Romania

EU EIB support battery manufacturing Northvolt bankruptcy

EU, EIB to support battery manufacturing amid Northvolt’s bankruptcy

03 December 2024 - The EU earmarked loan guarantees, grants and financing for the battery manufacturing sector right after Northvolt's financial crash

Greece extends Meliti lignite plant to provide energy security in winter

Greece extends Meliti lignite plant operation for energy security in winter

03 December 2024 - Greece has extended the operation of its Meliti lignite plant by three months in order to maintain the stability of its energy system

Bulgaria fails to meet conditions for EUR 653 million in EU grants

Bulgaria fails to meet conditions for EUR 653 million in EU grants

02 December 2024 - Bulgaria is risking delays in or losing payments from a EUR 653 million grant package under the EU's Recovery and Resilience Facility

Nepi Rockastle Shopping mall operator break ground major solar power plant Romania

Shopping mall operator to break ground on major solar power plant in Romania

01 December 2024 - Monsson Group sold a 50 MW photovoltaic project in northwest Romania to shopping mall operator NEPI Rockcastl

Serbia Energy Sector Development Strategy 2040 2050

What does Serbia’s new Energy Sector Development Strategy bring

29 November 2024 - The National Assembly in Belgrade passed the Energy Sector Development Strategy of Serbia up to 2040 with Projections up to 2050

European Commission energy affordability decarbonization

New European Commission weighing energy affordability versus decarbonization goals

28 November 2024 - The European Union wants to maintain the rapid pace of decarbonization while enabling affordable energy prices

North Macedonia ESM contractor solar power project coal land

North Macedonia’s ESM seeks contractor for solar power project on coal land

28 November 2024 - A contractor needs to build two PV plants in North Macedonian coal complexes REK Oslomej and REK Bitola for state-owned ESM

Serbia call wind solar power auctions much lower ceiling prices

Serbia issues call to wind, solar power auctions with much lower ceiling prices

27 November 2024 - The Ministry of Mining and Energy of Serbia is organizing the second round of auctions for market premiums for wind and solar power projects

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