TRADING

Gas prices slide despite halt to Finnish flows

Date: 20.05.2022 Author: Kelly Paul, Montel

Photo: ACER

European gas prices were trading down on Friday afternoon following a muted reaction to Russia’s decision to halt flows to Finland....

Montenegrin EPCG to install 30 MW of rooftop solar in 2022

Date: 20.05.2022 Author: Maja Žuvela

Photo: Montel

Montenegro’s power utility EPCG said on Thursday that it had signed two contracts that will help subsidise installation of rooftop solar panels with 30 MW of capacity for 3,000 hou...

Croatia mulls land-based LNG terminal as major EU energy hub

Date: 20.05.2022 Author: Montel

Photo: UMAS London

Croatia has not put aside the idea of developing a land-based LNG terminal on the island of Krk if it receives strong support from the EU, an economy ministry spokeswoman told Mont...

Surprise MSR plans pressure carbon prices lower

Date: 20.05.2022 Author: Nathan Witkop, Montel

Photo: Roman Peklaj

European carbon prices remained under pressure on Friday after the EU executive this week revealed plans to bankroll part of its efforts to escape Russian energy by selling additio...

Revoking price hike will force power cuts in Kosovo – TSO

Date: 20.05.2022 Author: Montel

Photo: Montel

Removing the electricity consumption tariffs that the energy regulator ERO introduced in April will result in power cuts and jeopardise relations with the European TSO body Entso-E...

Serbia extends gas price cap

Date: 20.05.2022 Author: Maja Žuvela

Photo: Andreja Krašna

Serbia’s government has extended for 60 days a temporary measure to limit the price of gas and provide compensation if there is excessive volatility in the market price of both imp...

FOCUS

Coal prices to remain elevated in 2022 – analysts

Date: 20.05.2022 Author: Roffie Kurniawan, Montel

Photo: Pixabay

Global coal prices would likely remain elevated this year amid a supply-and-demand imbalance due to Russian coal import restrictions and looming winter demand, analysts and traders...

EN.VISION

Engie to build 8.6 MW solar plant in southern Romania

Date: 20.05.2022 Author: Peter Palčec

Photo: pixabay.com

French utility Engie’s Romanian subsidiary has signed a contract with the local branch of the French construction materials company Saint-Gobain to build an 8.6 MW solar plant at i...

Articles of the day

Slovenian Petrol’s natural gas sales drop 56% in Q1 2022

Date: 20.05.2022 Author: Peter Palčec

Photo: Petrol

Slovenian energy group Petrol’s total gas sales fell 56% in Q1 2022 year-on-year due to a major drop in sales to end users, it says in its quarterly financial statement, which was ...

US fund KKR buys Bulgarian Maritsa Iztok 3 coal plant

Date: 20.05.2022 Author: Peter Palčec

Photo: Montel

The US company ContourGlobal has decided to sell the 908 MW Maritsa Iztok 3 coal-fired plant in Bulgaria to the American Kravis Roberts Fund (KKR) for EUR 2bn, Bulgarian media repo...

Governments must enforce rubles gas payment ban – EC

Date: 19.05.2022 Author: Siobhan Hall, Montel

Photo: Gazprom

National governments are responsible for ensuring that companies respect EU sanctions and do not comply in full with a Kremlin decree that requires payments for Russian gas in rubl...