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Region, EU’s efforts to reach its climate goals have been compromised

The European Commission’s decision to include gas in the EU’s Taxonomy gave way to fears that the EU’s efforts to reach its climate goals...

Region, The taxonomy saga reinforced the major divergences

The battle around the inclusion of nuclear and gas in the EU sustainable finance taxonomy shows the importance of EU countries defining their own...

Romania, ANAF drafted a bill which introduces an 80 % tax on the revenues

Romanian tax collection agency ANAF drafted a bill which introduces an 80 % tax on the revenues generated by the energy products in excess...

Europe, Fossil gas “Sustainable” label relies on promises in bad faith

The leaked EU Sustainable Finance Taxonomy proposal for a complementary Delegated Act sets out the role of fossil gas, two devastating scenarios emerge –...

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,...