energy crisis
Germany puts coal phaseout on hold to prepare for possible Russian gas supply cut
30 May 2022 - European countries are canceling the closure of coal plants despite phaseout plans to prevent a collapse if Russia halts its gas deliveries
Putin, Vučić agree on new gas supply contract for Serbia
30 May 2022 - The agreement drew the attention of global news outlets, considering the sanctions the Western countries imposed on Russia
Wind, solar save Turkey amazing USD 7 billion in last 12 months
27 May 2022 - Wind and solar power plants saved Turkey USD 7 billion over the last 12 months as it would have had to compensate for the shortfall with gas imports
Hungary, Serbia agree to improve energy cooperation
26 May 2022 - The two countries plan to strengthen energy ties to ensure a stable energy supply and achieve energy security during the energy crisis
Romania picks site of old coal power plant for first small nuclear reactor in Europe
25 May 2022 - The site was chosen as a result of an agreement between Romania's Nuclearelectrica and US-based NuScale Power
Greece preparing for rolling power outages if Russia cuts off gas
24 May 2022 - If Russia stops delivering gas, Greece intends to impose rotating blackouts for energy-intensive industries
Slovenia backs controversial hydropower project Mokrice amid energy crisis
23 May 2022 - The Government of Slovenia said the public interest outweighs nature conservation in the case of HESS's hydropower project in Mokrice
Slovenia expects electricity price hike in Q3 2022
18 May 2022 - The end of the war in Ukraine would lead to lower electricity prices, said Aleksander Mervar, ELES CEO
Bulgaria extends subsidies for businesses to pay high electricity, gas prices
17 May 2022 - The government, employers and unions have agreed on compensation for high energy prices, the government said
Greece to tax power producers’ windfall profits
16 May 2022 - The European Commission has backed taxing windfall profits to mitigate high energy prices causes by the energy crisis
EPS halts construction of its first solar power plant
13 May 2022 - The Petka solar power plant was planned at the external tailings dump of the Ćirikovac coal mine in the Kostolac basin
German year-ahead power price holds near record amid disputes with Gazprom
13 May 2022 - German year-ahead electricity price held near yesterday's all-time high amid threats that Gazprom's gas deliveries to Europe would be cut
New offshore law to bring Romania 60% of profits from Black Sea gas
13 May 2022 - With the amendments to its offshore law, Romania expects to kickstart investments in gas for its needs as it would have preemptive rights
Republic of Srpska to add 700 MW in renewables within five years
11 May 2022 - The Republic of Srpska is exporting 35% of the electricity it produces and it will use the proceeds to promote the prosumer concept, Minister Đetar Đokić said
Serbia to protect vulnerable households from jump in energy prices
10 May 2022 - Serbia will adopt a decree to help 200.000 households to pay electricity bills and 50.000 will be able to get aid for heat costs, Minister Zorana Mihajlović said
European carbon prices tumble, failing to scale new highs as gas drops
09 May 2022 - Recession fears spilled over to the EU's carbon market: the price dropped 5% per ton after challenging recent record highs