Energy, water crisis spreads as Danube region is clinging on power imports
The downstream Danube region is increasingly depending on electricity imports and interconnections, while leaning on solar power and energy storage on the home front.
Eksim Energy bolstering its wind parks in Turkey with solar power
Turkish company Eksim Energy completed the hybridization of two of its wind power plants with photovoltaics, while integrating solar power with two more such facilities.
Greece setting up nuclear energy committee
Greece is establishing an interministerial group responsible for scientific research and legal framework for the possibility of building the first nuclear plant or plants
EU opens AI Gigafactories call to spur over EUR 30 billion in investments
EuroHPC JU published an invitation to bids, under a funding program worth up to EUR 10 billion, for projects for AI Gigafactories
Albania allows negative power prices, begins guarantees of origin trading
The minimum possible price at the day-ahead market of ALPEX was cut to EUR 50 per MWh under zero. In addition, the trade in guarantees of origin has started.
Historic Danube water lows signal blackout risks – in tandem with fuel crisis
Power production is plummeting in Hungary, Serbia, Romania and Bulgaria due to an almost unseen drop in the Danube water level, which is also limiting oil and fuel shipments
Montenegrin TSO CGES, AFD ink loan agreement
Agence Française de Développement and Montenegrin transmission system operator CGES have signed a EUR 25 million loan agreement
Serbia enters into nuclear energy partnership with France’s EDF, development bank AFD
Serbia signed a partnership agreement with French state-owned energy utility Électricité de France (EDF Group) and development bank AFD