TRADING

Slow wind growth threat to EU’s renewables targets – lobby

Date: 13.09.2024 Author: Siobhan Hall, Montel

Photo: Dalibor Dobrić

The EU is adding wind capacity too slowly each year to meet its 2030 renewables targets, said lobby WindEurope on Thursday in its latest data report....

Oil extends gains, set to end volatile week higher

Date: 13.09.2024 Author: Luke Roshan, Montel

Photo: Montel

Oil prices rose on Friday as investors assessed the scale of crude production shut-ins in the US Gulf of Mexico after Hurricane Francine ripped through the region midweek before be...

European GOs market to reach 8bn certificates by 2030 — CerQlar

Date: 12.09.2024 Author: Dalibor Dobrić

Photo: Roman Peklaj

Europe’s guarantees of origin (GOs) market is growing rapidly, and is likely to rise from 900 million to eight billion certificates by 2030, a senior representative of Dutch firm C...

North Macedonia becomes an AIB observer member

Date: 12.09.2024 Author: Montel

Photo: Montel

North Macedonia’s electricity market operator Memo has become an observer member of the Association of Issuing Bodies (AIB), Memo said in a statement on Thursday....

N. Macedonia urges Energy Community to act on high SEE prices

Date: 12.09.2024 Author: Montel

Photo: Montel

North Macedonia has asked the Energy Community Secretariat to investigate why countries in southeast Europe are experiencing higher power prices than other European markets, the co...

Hungary’s MVM auctions off 87,600 MWh of baseload electricity

Date: 12.09.2024 Author: Dalibor Dobrić

Photo: Roman Peklaj

Hungarian state-owned energy firm MVM sold 87,600 MWh of baseload electricity for delivery in 2025 and 2026 at auction on 11 September, it has told Montel....

FOCUS

Romania to hold first CFD auction in November – minister

Date: 10.09.2024 Author: Montel

Photo: Dalibor Dobrić

Romania expects to hold the first auction for its new contracts for difference (CFD) support scheme in November, and is seeking investors in solar and onshore wind, energy minister...

EN.VISION

Azerbaijan gas can’t offset Ukraine transit halt – analysts

Date: 11.09.2024 Author: Laurence Walker, Montel

Photo: Roman Peklaj

Azerbaijan has been touted as a possible saviour to Europe’s gas market amid the impending halt to Russian flows via Ukraine, but analysts close to the situation told Montel of the...

Articles of the day

Slovenian power imports could soar on Sostanj curbs – TSO

Date: 11.09.2024 Author: Valerija Hozjan, Peter Palčec

Photo: Ana Vučina Vršnak

Slovenia’s power imports could rise by up to 40% in 2025 due to financial issues forcing the 600 MW Sostanj coal-fired plant to curb production, the head of the country’s electrici...

New Croatian subsidies limit rise in energy prices to 10%

Date: 09.09.2024 Author: Dalibor Dobrić

Photo: Montel

Croatia’s government adopted a new EUR 165m energy subsidy package on Friday, limiting gas and electricity price rises for households, small businesses and the public sector to 10%...

Azeri gas should boost supply security in Croatia – experts

Date: 03.09.2024 Author: Dalibor Dobrić

Photo: TAP AG

Now that Swiss company Met Group and Croatian trader PPD are supplying Croatia with Azeri gas, the country not only has a new supply route but also stronger gas market security, ac...