Power Markets

Region: OMV launches major...

After being cut off from Russian gas supplies since November 16, Austrian energy...

Region: Bulgaria and Italy...

Bulgaria's Energy Minister Vladimir Malinov and Italy's Energy Minister Gilberto Fratin signed a...

Romania hits record electricity...

On December 4, Romania reached a new record for electricity imports, surpassing 3,000...

Romania: Depogaz awards €50...

Depogaz, a subsidiary of the Romgaz group and Romania's largest operator of underground...
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Greece: Terna’s profit decreased by 8% in 2023

Renewable energy producer Terna Energy said its adjusted net profit fell by 7.9% in 2023 compared to the previous year, regardless of the increased...

Europe: 10 GW of energy storage deployed in 2023

Europe has seen its first year when energy storage deployments by power capacity exceeded 10GW in 2023. The eighth annual edition of the European Market...

SEE region: EC approves 17.7 billion euros Italian support scheme for centralised electricity storage system

Sphera Energy applauds the announcement on the 21st of December of the approval by the EU Commission for the upcoming state support and auctions...

Albania: Underwater link project with Italy back on track

The Albanian and Italian governments seem to have finally agreed to advance the major project for the underwater transmission line Vlorë - Bari. The...

Montenegro: CGES recorded 20 million euros profit in 2022

Montenegrin electricity transmission system operator CGES recorded a net profit of 20.3 million euros in 2022, compared to 16.85 million euros net profit recorded...
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