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
Putin, Vučić agree on new gas supply contract for Serbia
The agreement drew the attention of global news outlets, considering the sanctions the Western countries imposed on Russia
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
Hungary, Serbia agree to improve energy cooperation
The two countries plan to strengthen energy ties to ensure a stable energy supply and achieve energy security during the energy crisis
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
EU sets out REPowerEU plan to speed up green energy transition
The REPowerEU plan calls for investing an additional EUR 210 billion by 2027 and increasing the share of renewables fto 45% by 2030
TransitionZero: switching straight to renewables is now cheaper than coal-to-gas shift
Switching from coal straight to solar and wind energy and battery storage would enable electricity producers in the EU to save USD 90 per ton of CO2 on the carbon price, says TransitionZero
