Croatia initiates recapitalisation of state-owned power utility
Date: 30.03.2023 Author: Dalibor Dobric
Photo: HEP
The Croatian government has approved a EUR 400m shareholders loan for the state-owned power utility Hep and begun preparations for a further recapitalisation of EUR 500m to stabili...
BiH municipality to draft plan for 440 MW of solar, wind capacity
Date: 30.03.2023 Author: Maja Žuvela
Photo: Montel
The Bileca municipal assembly in south-eastern Bosnia and Herzegovina (BiH) decided on Wednesday to draft a spatial plan which would include 440 MW of new solar and wind capacity....
Slovenian nuclear unit cannot be completed before end 2035 – CEO
Date: 30.03.2023 Author: Peter Palčec
Photo: Simona Drevenšek
Expectations of connecting a new unit at the Krsko nuclear plant to the grid before the end of 2035 are unrealistic, the CEO of Slovenia’s state-owned power company Gen Energija De...
April gas contract rangebound as high stocks offset cold
Date: 30.03.2023 Author: Tasmin Chowdhary, Montel
Photo: TAP AG
European gas front-month contracts stayed rangebound on Thursday, as colder weather forecasts offset robust storage levels and improving Norwegian flows....
EU lawmakers agree 42.5% renewables target for 2030
Date: 30.03.2023 Author: Siobhan Hall, Montel
Photo: www.pixabay.com
EU lawmakers have agreed in principle to raise the bloc’s binding 2030 renewable energy target to 42.5%, with a voluntary goal for an extra 2.5% on top, they said on Thursday....
Russian gas flows to ease 2% today
Date: 30.03.2023 Author: Laurence Walker, Montel
Photo: Gazprom
Russia will export just over 60mcm of gas to Europe on Thursday, a marginal 2% lower than Wednesday’s levels, pipeline operator data showed....
Battery storage in Romania still costly, challenging – developers
Date: 30.03.2023 Author: Yana Palagacheva
Photo: Mercados – Aries International
Storing solar-generated electricity in Romania is still expensive and at times challenging despite a recent update in the regulatory framework, developers of renewable energy proje...
Renalfa considers short-term PPAs in eastern Europe
Date: 28.03.2023 Author: Yana Palagacheva
Photo: Montel
The Vienna-based clean energy investment group Renalfa could close more power purchase agreements (PPAs) in eastern Europe, its spokesman Nick Antonov told Montel on Tuesday....
W. Balkan gas plans will delay green energy transition – report
Date: 30.03.2023 Author: Maja Žuvela
Photo: Roman Peklaj
Plans for EUR 3.5bn of gas and LNG infrastructural investment will force the Western Balkans to rely on gas and delay its green transition, according to a new report published on T...
EU renewable target falls short on energy security – Ember
Date: 30.03.2023 Author: Enza Tedesco, Montel
Photo: Roman Peklaj
Boosting the EU’s binding 2030 renewable energy target to 42.5% with a voluntary 2.5% top-up falls short in strengthening the bloc’s energy security and its climate goals, said an ...
Germany expects swift renewable expansion with EU deal
Date: 30.03.2023 Author: Nathan Witkop, Montel
Photo: S. Miles/FreeDigitalPhotos.net
An EU deal to raise the share of renewables in the EU’s energy mix by 2030 would unleash a rapid acceleration of delayed project developments, Germany’s economy ministry said on Th...
Croatia to introduce new wholesale power market participants
Date: 24.03.2023 Author: Montel
Photo: Roman Peklaj
Croatia plans to expand the circle of eligible participants on the wholesale power market by including new players, such as storage operators and aggregators, the energy market ope...
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Alpiq exits Bulgaria, scales back in Poland
Date: 27.03.2023 Author: Marcin Czekanski, Montel
Photo: www.pixabay.com
Swiss trading firm Alpiq has sold its assets in Bulgaria and was reducing its presence in Poland to focus on core markets, it said on Monday....
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No return to spot power price pre-crisis average – BiH conference
Date: 24.03.2023 Author: Maja Žuvela
Photo: Roman Peklaj
Spot power prices are unlikely to return to their pre-crisis monthly average below EUR 100/MWh due to rapid renewables expansion, participants at an energy conference in Bosnia and...
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