Montenegro’s Environmental Protection Agency has given Nu Energy two years to submit a full environmental impact assessment for its proposed Velestovo solar-and-storage project. The agency will decide whether the 60 MW scheme can proceed after reviewing its environmental effects.
EPCG’s memorandum with Japan’s PowerX sets an indicative target of about 500 MWh of battery storage over an initial three-year period. The commercial opportunity is to coordinate batteries with hydro, rising solar output and cross-border trading, rather than rely on standalone arbitrage.
Late-October gas prices raised fuel-cost risks for Southeast Europe's gas-fired power fleet as storage remained low and LNG deliveries uncertain. Gas-fired output also rose in Hungary and Greece during the reporting week.
The Energy Community Secretariat called for closer coordination between Western Balkan electricity market integration and the EU’s carbon border rules. It warned that poorly aligned arrangements could discourage renewable investment and divide EU and non-EU electricity markets.
Your trusted source for electricity market news, trading data and energy market analysis across Southeast Europe.
The Bucharest Court of Appeal has rejected Greenpeace’s appeal regarding the environmental permit for the Neptun Deep offshore gas project, a joint venture between...
International environmental NGO Greenpeace said it is suing authorities and companies involved in the Neptun Deep natural gas exploitation project in Romania's Black Sea...
With a living chain and a molino suspended on two-story high racks, Greenpeace activists are demanding an end to government investment in Lake Neusiedl...
Europe entered the winter withdrawal season with storage about 74% full, or roughly 842 TWh. The smaller buffer leaves less room to absorb prolonged cold, weak wind generation or disrupted LNG deliveries.
Late-October gas prices raised fuel-cost risks for Southeast Europe's gas-fired power fleet as storage remained low and LNG deliveries uncertain. Gas-fired output also rose in Hungary and Greece during the reporting week.
LNG inflows increased in Greece, Croatia and Italy in the week to November 1 compared with Week 43. Italy had the largest volume, while Greece recorded the biggest percentage gain.
Croatia recorded Southeast Europe's largest weekly increase in average day-ahead electricity prices in the week to November 1, despite higher renewable output and lower net imports. Its price premium over Greece widened to €15.88/MWh.
Greece increased net electricity exports by 52.83% in the week to November 1, while remaining the lowest-priced of seven major regional power markets. Its weekly average day-ahead price rose, but stayed below prices in Romania and Italy.