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RES support scheme

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Croatia: RES capacities within the support scheme exceeded 1 GW

In 2022, 2.72 TWh of electricity was produced from domestic renewable energy facilities that are part of the RES support scheme, according to data...

Hungary, Photon Energy temporarily exits RES support scheme

Dutch-based solar developer Photon Energy said last week that as of 1 April the entirety of its solar portfolio in Hungary will temporarily exit...

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SEE power prices rise as narrower German spread offers little relief to buyers

Electricity prices across southeast Europe rose during 26 October–1 November, increasing procurement costs for Serbian and Montenegrin buyers even as the region’s premium over...

SEE power prices surge as Monday demand returns, Hungary-Germany spread widens

Southeast European day-ahead electricity prices rose sharply for Monday delivery on 2 November, with Bulgaria, Greece, Hungary and Romania all trading above €309/MWh as...

NIS Secures US Operating Licence in Serbia Through 11 December

Serbia’s oil company NIS has received a temporary US Treasury licence to continue operating under the existing sanctions regime through 11 December. The authorisation...

Delgaz Grid completes €4.7 million Vicov upgrade in Romania

Romanian distributor Delgaz Grid has completed a €4.7 million upgrade of the Vicov 110/20 kV substation in Suceava county. The project is expected to...

Nuclearelectrica shareholders approve €800 million in EIB loans

Shareholders of Nuclearelectrica have approved €800 million in European Investment Bank financing for the refurbishment of Unit 1 at Romania’s Cernavoda nuclear power plant....