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EU urges Romania to revise energy price caps amid compliance concerns

The European Union has urged Romania to revise its energy price-capping scheme, asking the government to permit gas and electricity producers to establish their...

Croatia: EC warns Croatia over energy price subsidies

The European Commission has urged Croatia to take measures to align its policies with the Council's recommendations. Contentious issues have arisen regarding energy price...

Greece: Emergency measures in energy sector extended until the end of year

The Ministry of Energy extended the emergency measures, introduced to help the citizens cope with rising energy prices, by another three months. The measures...

Bulgaria: Axpo Bulgaria recorded 21 million euros profit in 2022

  Bulgarian subsidiary of Swiss renewable energy producer and trader Axpo Group - Axpo Bulgaria recorded a net profit of 20.6 million euros last year....

Croatia: Hrvatski Telekom and Professio Energia signed corporate virtual PPA

  Croatian telecommunication companies Hrvatski Telekom and Liburana, a wholly owned subsidiary of Professio Energie, have signed a 10-year virtual power purchase agreement (vPPA) for...

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SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...