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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 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...