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Romania to pay 42 million euros compensation to RES investors

The World Bank’s litigation centre ICSID ruled in favour of several investors in green energy generation capacities, which asked for compensation from the Romanian...

Bulgaria: There will be no compensation for recent power outages

Bulgarian electricity distribution operators will not compensate users for power outages triggered by heavy snowfall across Bulgaria, Energy Minister Rumen Radev confirmed during a...

Bulgaria, Compensation price for electricity is being raised

The government in Sofia and representatives of Bulgarian companies have agreed to raise the ceiling for electricity subsidies, it was announced at the press...

Bulgaria, Compensations of over 2 billion euros have been returned to the economy

Bulgarian Minister of Energy Alexander Nikolov said that between December 2021 and April 2022, compensations of over 2 billion euros, which is over 3...

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,...