energy crisis
Biden may promise more LNG to EU but US lacks spare capacity
24 March 2022 - The US president is expected to commit to extra volumes of LNG for Europe even though the global market is tied up in long-term contracts
EU sanctions against Russia threaten Serbia’s oil supply; gas deliveries secured
23 March 2022 - The European Union adopted the fourth package of sanctions against Russia due to its military intervention in Ukraine
EU’s push for Persian Gulf LNG set to worsen energy price inflation
22 March 2022 - The EU wants to replace Russian gas fast, adding upward pressure on prices. Germany is in talks with Qatar for LNG, but so are Asian countries.
Romania caps electricity, gas prices for another 12 months
21 March 2022 - The Romanian government expects the measures to apply for 8 million electricity consumers and all gas consumers.
Low water levels paralyze hydropower plants in Albania
21 March 2022 - Albania extended a national holiday for a day as hydropower plants are struggling with a drought and power demand surpassed production
Turkey to grant 40% to farmers for solar power systems – report
18 March 2022 - The Turkish government will launch a support scheme for farmers who want to install solar power plants, according to a local media report
Europe switching on coal plants amid energy crisis
11 March 2022 - The European Union is pushing to eliminate domestic demand for Russian fossil fuels, but it implies a reversal in coal plant shutdown plans
Price of EU’s plan to cut dependence on Russian gas
09 March 2022 - In the light of the energy transition, it could be a great push for renewables, but also a step back due to the expected increase in the use of coal power plants
EU rolls out plan to cut demand for Russian gas by two thirds in 2022
08 March 2022 - The European Commission outlined a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas
Londoners paid highest electricity prices in Europe in February
07 March 2022 - The highest electricity price is in London, 43 eurocents per kilowatt-hour, and the lowest in Kyiv, 5.4 eurocents.
Timmermans: EU countries can delay coal phaseout to avoid Russian gas
07 March 2022 - A delayed coal phaseout in some countries is possible, but green energy deployment must be accelerated, The European Commission's Frans Timmermans says
EU accelerating push to reduce dependence on Russian gas
04 March 2022 - Experts say urgent measures can slash the need for gas in the EU as the European Commission is pushing for a reduction in reliance on Russian gas
Carbon prices in EU fall despite record surge in fossil fuels
03 March 2022 - The cost of carbon dioxide within the European Union's Emissions Trading System touched EUR 55 per ton this week in a sharp selloff
Romania to extend energy price cap until March 2023, proposes bank loan moratorium
02 March 2022 - The government in Bucharest earmarked EUR 2.9 billion for mitigating the impact of electricity and gas price surge on citizens, institutions and firms
Commercial prosumers – solution for companies to decarbonize, secure stable power supply
28 February 2022 - Panelists talked about options available for businesses to become commercial prosumers and produce their own electricity, models for investing in renewable energy, as well as billing schemes and grid connection procedures.
Serbian companies to have more active role on electricity market in the coming years – conference
25 February 2022 - New laws for electricity and renewables made investments easier and firms will have a more active role, so market participants need to adapt step by step, experts said