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Romania: European Commission approves €500 million state aid scheme for advanced biofuels production

The European Commission (EC) has approved Romania's state aid scheme worth €500 million, designed to support investments in the production of advanced biofuels. Funded...

Romania: OMV Petrom to invest 750 million euros in biofuel and green hydrogen facilities

OMV Petrom will invest around 750 million euros at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the...

EU: RES share climbs to 23% in 2022

The share of renewable energy sources in the gross final energy consumption reached 23% in 2022, an increase from 21.9% in 2021, according to...

Serbia’s Energy Market: Tapping into the Potential of Biomass and Biofuels

Serbia’s energy market is on the cusp of a significant transformation, as the country seeks to diversify its energy sources and reduce its dependence...

Latest news

SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...