EU energy package talks paralyzed by gas price cap rift
EU energy ministers agreed on most parts of the gas market reform, but the price cap issue has prevented the formal adoption of the package
Croatia, Slovenia to introduce windfall tax
Countries around Europe have already introduced a windfall tax to finance generous subsidies paid to the population and businesses
Serbia to increase prices of electricity, natural gas
Minister Dubravka Đedović earlier indicated that the prices of electricity and gas would be raised, arguing they are unsustainable
Vučić: We will have to invest up to EUR 33 billion in energy infrastructure
Serbian President Aleksandar Vučić has announced significant investments in energy infrastructure. As he pointed out, for the necessary reforms in the energy sector in the coming period, Serbia will need up to EUR 33 billion euros in investments. “We will have to change our habits and implement reforms, work in another way. We must do […]
Western Balkan leaders vow to join forces in region’s energy transition
Leaders of Western Balkan states agreed the only way that the region can overcome the energy crisis is through a joint green transformation
Albania’s power utility KESH to seek multiyear contracts for electricity imports
KESH revealed it is working on a plan for covering Albania's electricity deficit through import contracts of up to five years
Household electricity bills in 33 EU capitals surge 111%, gas jumps 69%
The highest electricity prices are nine times above the cheapest tariffs while the ratio in the gas sector is 16, according to the Household Energy Price Index for Europe
North Macedonia, Albania sign agreement on joint projects for gas, LNG, renewables
North Macedonia and Albania vowed to cooperate in gas infrastructure and renewable energy and the construction of an LNG terminal in Vlora