Romanian energy suppliers warn compensation for price caps is drying up their liquidity
The Romanian association of energy suppliers says some of its members may cease operations amid a lack of compensation for energy price caps
Wind, solar save Turkey amazing USD 7 billion in last 12 months
Wind and solar power plants saved Turkey USD 7 billion over the last 12 months as it would have had to compensate for the shortfall with gas imports
Romania to use EUR 1.4 billion of EU funds to strengthen its energy sector
The EU allowed Romania to use its share of the Modernisation Fund for the makeover of coal plant owner CE Oltenia and the electricity grid
Greece preparing for rolling power outages if Russia cuts off gas
If Russia stops delivering gas, Greece intends to impose rotating blackouts for energy-intensive industries
German year-ahead power price holds near record amid disputes with Gazprom
German year-ahead electricity price held near yesterday's all-time high amid threats that Gazprom's gas deliveries to Europe would be cut
Serbia to protect vulnerable households from jump in energy prices
Serbia will adopt a decree to help 200.000 households to pay electricity bills and 50.000 will be able to get aid for heat costs, Minister Zorana Mihajlović said
European carbon prices tumble, failing to scale new highs as gas drops
Recession fears spilled over to the EU's carbon market: the price dropped 5% per ton after challenging recent record highs
Bulgaria reviewing gas transit contracts with Gazprom after delivery suspension
Bulgarian Prime Minister Kiril Petkov said Gazprom's move is blackmail and that the government is reviewing all agreements, including the ones on transit