Romania rolls out windfall profit tax for fossil fuel sector
Romania introduced a 60% tax on excess profits for companies that are operating in the areas of oil, gas and coal
Council of EU agrees to accelerate permitting for renewables
The European Council and the European Parliament are starting talks on simplifying the permitting rules for renewables and cutting deadlines
Serbia issues decree to expand list of energy consumers eligible for aid
Serbia will subsidize electricity, gas and heating bills for vulnerable households with EUR 34.1 million
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
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
IEA warns EU of severe gas shortage risk for winter 2023/24
The EU may face a gas shortage of 30 billion cubic meters ahead of the heating season next year, the International Energy Agency said
EU leaders agree in principle to cap sharp increases in gas prices
The European Council agreed in principle on measures to ease the energy crisis, passing the issue to ministers and the European Commission
North Macedonia puts its biggest solar power plant into operation
GEN-I connected its 17 MW solar power plant southeast of Skopje to the grid four months before the deadline