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
Serbian power system can already balance five times more wind farm capacity than now
There is enough technical flexibility in the Serbian power system to maintain load balance and provide balancing reserves for 1,865 MW from RES
China completes world’s second-largest hydropower plant
The China Three Gorges Corp.'s Baihetan facility is in full operation. At 16 GW, it is the second-biggest hydropower plant in the world.
Đukanović: Montenegro earns EUR 46.4 million from electricity exports in three weeks
Another good news from Montenegro is that the share of wind in domestic electricity production on December 9 was the highest in Europe
Slovenia prepares another capital injection for state-owned utility HSE
Slovenia is boosting the capital of its struggling power utility Holding Slovenske elektrarne with EUR 492 million
EU launches EUR 1 billion energy support package for Western Balkans
The EU will back six renewable energy infrastructure projects in the Western Balkans with grants from a EUR 500 million package
Romania to complete dormant Pașcani hydropower project with EU funds
Romania has included the Pașcani hydropower project, which is on hold since 2018, on the list for EU grants
Turkey completes world’s fifth-highest arch dam with hydropower plant
The Çoruh river is now filling the reservoir at the 558 MW Yusufeli hydropower plant and arch dam, the world's fifth-highest of its kind
