European Commission

Natural gas, nuclear energy remains part of EU taxonomy - NGOs to file lawsuit

Natural gas, nuclear energy remain part of EU taxonomy – NGOs to file lawsuit

06 July 2022 - The European Parliament rejected the motion to exclude investments in natural gas and nuclear energy from the sustainable finance taxonomy

portugal spain gas pries capelectricity mechanism measure

Portugal, Spain cap gas prices for power producers to bring down wholesale prices

14 June 2022 - The payments to utilities will be calculated based on the price difference between the market price of natural gas and the gas price cap

EU-sets-out-plan-to-speed-up-green-transition

EU sets out REPowerEU plan to speed up green energy transition

18 May 2022 - The REPowerEU plan calls for investing an additional EUR 210 billion by 2027 and increasing the share of renewables fto 45% by 2030

Energy Purchase Platform regional taskforce sofia

SEE countries set up regional taskforce to jointly diversify gas supplies, strengthen energy security

05 May 2022 - Representatives of Azerbaijan, Bulgaria, Greece, North Macedonia, Romania, Serbia, Ukraine, and Turkey also discussed decarbonization and the green transition

eurelectric Unsuitable measures to limit electricity prices would hinder investments in renewables

Eurelectric: unsuitable measures to tame electricity prices would hinder investments in renewables

04 May 2022 - Eurelectric has published its response to the European Commission's options for immediate price mitigation measures

brussels-eu-shift-russian-fossil-fuels-renewables

EU mulls higher renewables target for 2030 to speed up shift from Russian fossil fuels

21 April 2022 - Last year the European Commission proposed lifting the existing 32% target for renewables in the overall energy mix to 40%, and is now considering raising it to 45%.

battery-energy-storage-solutions

EU urged to back energy storage development alongside renewables, hydrogen

19 April 2022 - The EU is urged to back energy storage so as to ensure energy security and independence of Russian fossil fuels, and achieve a net-zero power system.

EU to allow Western Balkans to take part in joint gas purchases

EU to allow Western Balkans to take part in joint gas purchases

29 March 2022 - Western Balkan countries will be able to join the European Union's platform for voluntary joint purchasing of gas and hydrogen.

Bulgarian state-owned firm to develop battery energy storage network

Bulgarian state-owned firm to develop battery energy storage network

15 March 2022 - The Restore project in Bulgaria for battery energy storage will have a capacity of 6 GWh, and it will balance electricity from renewables

repowereu plan to cut dependence on Russian gas price

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 allocates EUR 339 for clean energy, environment projects in Western Balkans

EU allocates EUR 339 million for clean energy, environment projects in Western Balkans

28 February 2022 - The European Commission has unveiled a EUR 3.2 billion investment package to support 21 transport, digital, climate and energy projects

Conference Serbian companies on power market

Conference Serbian Companies on Changing Power Market to be held in Belgrade on February 22

21 January 2022 - In Belgrade on February 22, Balkan Green Energy News is organizing a conference on the outlook for Serbia’s electricity market for the next few years and new roles of market players.

EU plans to mobilize EUR 500 billion in nuclear energy by 2050

EU plans to mobilize EUR 500 billion for nuclear energy by 2050

10 January 2022 - EUR 500 billion in investments is needed by 2050 for the new generation of nuclear power plants, according to EU Commissioner Thierry Breton

Europe approves gas and nuclear, some members oppose the plan

EU endorses gas, nuclear energy amid opposition among member states

06 January 2022 - The European Commission has decided to include nuclear energy and gas in its sustainable finance taxonomy

Fossil fuels received majority of energy subsidies in SEE in 2019

European Commission: Fossil fuels received majority of energy subsidies in SEE in 2019

29 October 2021 - Most energy subsidies in Southeastern Europe in 2019 were directed to fossil fuels, led by Bulgaria and Greece

EBRD expands GEFF household energy efficiency Western Balkans

EBRD expands GEFF program for household energy efficiency in Western Balkans

28 September 2021 - The Green Economy Financing Facility (GEFF) enabled 9,000 households in the region to invest EUR 45 million in energy savings. The program is growing.

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