CE Oltenia, OMV Petrom to build four PV plants through JVs
OMV Petrom and CE Oltenia agreed to build four solar parks with a combined capacity of 450 MW at former coal mining locations in Romania
Gas interconnector Greece-Bulgaria to start commercial operation on October 1
Greece and Bulgaria issued operating permits for the interconnector between the two countries' gas networks
Dodik: ERS to offer electricity at long-term fixed price to investors in Republic of Srpska
Serb leader in BiH Milorad Dodik said investors in the Republic of Srpska can get five-year PPAs from ERS at EUR 80 per MWh
PM Golob: Slovenia earmarks EUR 5 billion to ease energy crisis in 2023
Slovenia will spend almost EUR 5 billion more to shield households and the economy from the energy crisis, Prime Minister Robert Golob said
Green transformation of Bulgarian coal power plant Bobov Dol
After introducing biomass, coal-fired Bobov Dol power plant in Bulgaria is preparing to build a 100 MW photovoltaic unit for a hydrogen project
EU to cap revenue for electricity producers at EUR 180 per MWh
Ursula von der Leyen presented measures to bring down power prices including and decouple the dominant influence of gas in the sector
EU fails to agree price cap on Russian gas
EU energy ministers achieved little progress with regard to plans for a price cap on Russian gas
Subsidies for fossil fuels doubled in 2021 and continue to increase
Support for fossil fuels doubled in 2021 compared to the year before to nearly USD 700 billion, slowing progress toward climate goals