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EU achieves major energy milestones while targeting future efficiency improvements

The 2024 State of the Energy Union report highlights significant strides made by the European Union in securing its energy supply and transitioning to...

Greece: US state fund DFC is considering to invest in Greece-Cyprus-Israel interconnection

US state fund DFC is interested in becoming a stakeholder in the Great Sea Interconnector, planned to link the power grids of Greece, Cyprus...

Hungary: NPP Paks’s life span to be extended by 20 years

MVM Paksi Atomeromu, the company operating the Hungarian nuclear power plant Paks, has announced the extension of the plant’s lifespan to the European Union,...

Hungary: Alteo invests 14.5 million euros in battery storage

Hungarian energy company Alteo is spending 5.5 billion HUF (14.5 million euros) to install battery storage and gas engines to even out differences between...

Serbia to ensure energy supply together with Hungary

Hungary’s Minister of Foreign Affairs and Trade, Péter Szijjártó said in Belgrade that strategic links are being built between Hungary and Serbia in energy. He underlined...

Albania: Energy crisis measures extended until the end of 2023

The Albanian Government extended the state of energy supply emergency by an additional six months. The state of emergency in the energy sector was introduced in...

Latest news

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...