electricity

Romania rolls out windfall profit tax for fossil fuel sector

Romania rolls out windfall profit tax for fossil fuel sector

29 December 2022 - Romania introduced a 60% tax on excess profits for companies that are operating in the areas of oil, gas and coal

Serbian power system can already balance five times more wind farm capacity than now

28 December 2022 - There is enough technical flexibility in the Serbian power system to maintain load balance and provide balancing reserves for 1,865 MW from RES

China world s second largest hydropower plant

China completes world’s second-largest hydropower plant

28 December 2022 - The China Three Gorges Corp.'s Baihetan facility is in full operation. At 16 GW, it is the second-biggest hydropower plant in the world.

Trading ALPEX power exchange start second half 2023

Trading at ALPEX power exchange to start in second half of 2023

28 December 2022 - Albania and Kosovo* completed the regulatory framework for the Albanian Power Exchange – ALPEX. Trading was supposed to start last month.

First Sentier preparing offer Greek renewables company Terna Energy reports

First Sentier preparing bid for Greek renewables company Terna Energy – reports

27 December 2022 - First Sentier Investors is said to have reached an agreement with Greek conglomerate GEK Terna on the purchase of its affiliate Terna Energy

First regional power exchange ADEX

First regional power exchange ADEX goes live

27 December 2022 - Slovenian and Serbian TSOs and EPEX SPOT established the first regional power exchange for Central and South-Eastern Europe

Everfuel starts producing green hydrogen Europe largest electrolyzer

Everfuel starts producing green hydrogen at Europe’s largest electrolyzer

23 December 2022 - Denmark-based Everfuel started the commissioning phase of the biggest electrolyzer in Europe by producing the first amount of green hydrogen

azerbaijan serbia natural gas electricity cooperation aliyev vucic

Serbia to import gas, electricity from Azerbaijan, get oil via Croatia

22 December 2022 - A Serbian delegation led by President Aleksandar Vučić and including ministers of energy and finance has visited Azerbaijan

SolarPower EU solar power additions 2022 equivalent 100 LNG tankers

EU’s solar power additions in 2022 are equivalent to over 100 LNG tankers

22 December 2022 - A record 41.4 GW of photovoltaic capacity will be installed in the European Union this year, SolarPower Europe said

Battery manufacturer TAB Mak 8 4 MW solar park North Macedonia

Battery manufacturer TAB Mak builds 8.4 MW solar park in North Macedonia

22 December 2022 - Lead-acid battery plant TAB Mak in Probištip in North Macedonia will cover 25% of its electricity needs from its photovoltaic facilities

Council of the EU accelerate permitting renewables

Council of EU agrees to accelerate permitting for renewables

21 December 2022 - The European Council and the European Parliament are starting talks on simplifying the permitting rules for renewables and cutting deadlines

EU phase in CO2 border tax CBAM end 2033 eliminates free carbon permits

EU to phase in CO2 border tax by end-2033, when it fully eliminates free carbon permits

20 December 2022 - The EU is set to fully phase out free carbon allowances for the industry four years after it implements the carbon border tax, CBAM, in its entirety

Eurohold building Bulgaria largest solar power plant

Eurohold building Bulgaria’s largest solar power plant

20 December 2022 - Eurohold is set to increase solar power generation in Bulgaria by up to 12% with its facility under construction south of Sofia

CMS publishes Energy Savings Guide eight countries Central Southeastern Europe

CMS publishes Energy Savings Guide for eight countries in Central, Southeastern Europe

20 December 2022 - The CMS Energy Savings Guide outlines legal measures against the energy crisis in Austria, Bulgaria, Croatia, North Macedonia, Slovakia, Slovenia, Turkey and Ukraine

Enel in talks to sell its Romania business to PPC from Greece

Enel in talks to sell its Romania business to PPC from Greece

16 December 2022 - Enel signed an exclusivity agreement on the potential sale of its entire operations in Romania to Public Power Corp. (PPC)

Lorkowski Energy Community discuss requests delay closure coal plants Western Balkans

Lorkowski: Energy Community to discuss requests to delay closure of coal plants in Western Balkans

16 December 2022 - Energy Community Secretariat Director Artur Lorkowski said requests to prolong the life of coal plants in the Western Balkans would be discussed

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