Serbian media Tanjug reported that the steelworks in the city of Smederevo, central Serbia, is planning to launch the production of steel in the first half of March, after sufficient quantities of raw materials are delivered to the factory.
Southeast European day-ahead electricity prices surged on 28 October, with Romania, Bulgaria, Hungary, Albania and Serbia recording prices close to or above €300/MWh. Reduced renewable generation and weaker electricity imports tightened regional supply, while demand remained largely unchanged.
Romania recorded...
The conventional renewable energy project is built around a relatively straightforward model: wind turbines or photovoltaic panels generate electricity, a substation exports it to the grid, and a trader or offtaker sells the output.
That model is beginning to evolve....
A power purchase agreement (PPA) offering a renewable project a price of €70/MWh may appear to provide a straightforward hedge against electricity-market volatility. However, the headline price alone reveals little about the level of risk actually transferred by the...