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Romania: OMV Petrom to invest 11 billion euros in next six years

OMV Petrom, the largest integrated energy producer in South-East Europe, continues to advance its activities and products in line with Strategy 2030, aimed at...

Montenegro to reach carbon neutrality by 2050 

Montenegro’s goal is to reduce greenhouse gas emissions by 55% by 2030 at the latest, and that its long-term objective is to achieve carbon...

SEE region: Critisc on a new wave of gas projects

CEE Bankwatch Network has strongly criticised the European Commission and international development banks for their support for fossil fuel projects –specifically gas – in...

Hungary: Uniper to build 280MW solar portfolio

German company Uniper and its local partner Callis Zrt are developing a 280MW solar portfolio comprising six projects in Hungary. The projects have attained ready-to-build...

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SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...