electricity

Bulgaria: The share of solar power plants in the electricity network increased by 115% in 2024 Read More »

Bulgaria: The share of solar power plants in the electricity network increased by 115% in 2024

The share taken by photovoltaic plants in the electricity transmission network in Bulgaria increased by 115.01% between January 1 and May 19, 2024, compared to the same period last year, according to the latest data published on Tuesday by the system operator in Bulgaria on its website, BTA informs. According to the data, from the

Bulgaria: The share of solar power plants in the electricity network increased by 115% in 2024 Read More »

Bulgaria: The share of solar power plants in the electricity network increased by 115% in 2024

The share taken by photovoltaic plants in the electricity transmission network in Bulgaria increased by 115.01% between January 1 and May 19, 2024, compared to the same period last year, according to the latest data published on Tuesday by the system operator in Bulgaria on its website, BTA informs. According to the data, from the

Greece: The share of coal in the electricity mix fell to 2% in April Read More »

Greece: The share of coal in the electricity mix fell to 2% in April

The remaining lignite-fired power plants in Greece have faded from the picture, as highlighted by latest electricity market data showing the grid’s needs are now being covered by gas-fueled power stations, renewables, hydropower plants and electricity imports. Energy-mix data concerning last week showed that lignite-fired power stations were completely sidelined. Gas-fueled power stations and renewables

Romania: Successful go-live for BRM as the second NEMO within the European Single Intraday Coupling m Read More »

Romania: Successful go-live for BRM as the second NEMO within the European Single Intraday Coupling m

The Nominated Electricity Market Operators (NEMOs) and Transmission System Operators (TSOs) cooperating in the BRM Local Implementation Project, which aims at integrating BRM into the European Single Intraday Coupling market (SIDC), confirmed the successful addition of BRM’s trading platform to SIDC. The integration of BRM’s trading platform into SIDC marks another important milestone towards increasing

Romania: E.ON explores options to sell the Romanian energy supply business Read More »

Romania: E.ON explores options to sell the Romanian energy supply business

The German utility group E.ON is “exploring the option” of selling the electricity and natural gas supply operations in Romania because the risk-return ratio is deteriorating due to frequent changes in the energy capping scheme, announced Leonhard Birnbaum, E.ON’s CEO, speaking on the occasion of the Eurelectric Power Summit 2024 in Athens on May 21.

Serbia: Energy-intensive companies seek state support in the decarbonisation process Read More »

Serbia: Energy-intensive companies seek state support in the decarbonisation process

Companies in Serbia are not afraid of decarbonisation and the European Union’s Carbon Border Adjustment Mechanism (CBAM), but they are worried that the state does not recognise what needs to be done to help the affected industries protect jobs and maintain competitiveness. Producers of cement, steel, aluminium, and mineral fertilisers claim they need neither money

Greece: US DFC interested in participating in the Great Sea Interconnector project Read More »

Greece: US DFC interested in participating in the Great Sea Interconnector project

The US International Development Finance Corporation (DFC) has expressed an interest in participating in the Great Sea Interconnector project linking the electrical grids of Greece, Cyprus and Israel via undersea cables, Greece’s Independent Power Transmission Operator (IPTO) has said. With a capacity of 2,000 megawatts and bidirectional capabilities, the interconnector project aims to bolster energy

Serbia: Nofar Energy to develop the largest solar project in the country Read More »

Serbia: Nofar Energy to develop the largest solar project in the country

The upcoming unveiling of Serbia’s largest solar park, located in Ada, will mark a significant milestone for Nofar Adria, a company primarily owned by Israeli firm Nofar Energy.  With a total capacity of 26 NW, this solar facility represents a substantial investment of 30 million euros and is expected to generate approximately 33,150,000 kWh of electricity annually.

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