Cypriot minister not optimistic about cable project with Greece amid Turkish intimidation
Cypriot Minister of Finance Makis Keravnos said the GSI undersea cable project still faces very serious political obstacles
Bulgaria’s ESO joins European balancing platform PICASSO
Bulgaria's Electricity System Operator became the first TSO in Southeast Europe to connect to cross-border balancing platform PICASSO
Second Romania-Serbia power line operational, cross-border capacity jumps 80%
The first system within the 400 kV Pančevo-Reșița interconnection was put into operation in November, and now the second one has come online
Albania, Italy sign undersea cable deal with UAE as strategic partner
Albania, Italy and the UAE agreed to install an electricity interconnector under the Adriatic Sea between Vlora and Puglia
Bulgaria boosts renewables capacity by 938 MW in 2024
Renewables capacity increased by 938 MW in Bulgaria last year, compared to the addition of over 1.2 GW in photovoltaics in 2023
Bulgaria signs EUR 166 million in grants to boost grid for renewables
The first group of investments under the Greenabler project is worth EUR 568 million and is planned for financing from the EU's Modernisation Fund.
Members of Energy Community to propose carbon pricing model by mid-2025
The contracting parties should propose a carbon pricing model they intend to introduce, the Ministerial Council said after the latest meeting
Western Balkans TSOs back joint declaration on regional cooperation
The declaration could speed up the coupling of their electricity markets with the power markets of European Union member states