TRADING

Hungary bets on cheap but risky Russian gas

Date: 06.12.2024 Author: Laurence Walker, Montel

Photo: Roman Peklaj

Hungary will likely continue buying gas from Russia as low prices and Budapest’s strong political ties with Moscow fly in the face of other EU nations seeking alternative supplies,...

Russia relaxes restrictions on foreign currency payments for gas

Date: 06.12.2024 Author: Richard Sverrisson, Montel, Laurence Walker, Montel

Photo: TAP AG

Russia has relaxed rules on the use of foreign currency to pay for its natural gas via Gazprombank, the country's presidency announced late on Thursday. ...

Romania’s BRM exchange acquires Bulgarian gas bourse Betp

Date: 06.12.2024 Author: Maja Žuvela

Photo: Andreja Krašna

The Romanian commodities exchange BRM has reached a deal to acquire its Bulgarian gas counterpart Betp, in a move which should deepen regional cooperation in natural gas trading, i...

JAO to launch long-term Romania-Serbia auctions

Date: 06.12.2024 Author: Maja Žuvela

Photo: Montel

Long-term auctions for the Romania-Serbia border will start this month, JAO, the main service provider for European TSOs, said late on Wednesday, after launching a technical go-liv...

Serbian 2040 green goal not financially feasible – consultant

Date: 05.12.2024 Author: Dalibor Dobrić

Photo: Montel

Serbia’s new energy strategy envisions 73% of its power mix to come from green sources by 2040 but a local energy consultant told Montel this was unlikely....

Romanian political uncertainty may threaten green growth

Date: 05.12.2024 Author: Montel

Photo: Energija Projekt

Political uncertainty in Romania amid parliamentary and presidential elections have created investment jitters within the energy sector, which could slow down the country’s green t...

FOCUS

Europe’s solar power boom slows amid negative prices – lobby

Date: 03.12.2024 Author: Enza Tedesco, Montel

Photo: Woodburn Capital

Europe’s recent boom in solar installations will slow as flagging profits due to negative prices and sluggish electrification efforts dent investment in new projects, the sector’s ...

EN.VISION

Romania’s tax repeal to boost storage usage – developer

Date: 03.12.2024 Author: Maja Žuvela

Photo: Mercados – Aries International

The Romanian government’s decision to eliminate double taxation on energy storage facilities is expected to boost their uptake and help integrate more renewables into the market, a...

Articles of the day

Renewables growth boosts Bulgarian intraday power trading

Date: 03.12.2024 Author: Montel

Photo: Roman Peklaj

Bulgaria’s intraday power trading volumes have surged thanks to a growing capacity of intermittent renewable energy, traders told Montel. ...

Kosovo urged to secure energy infrastructure after attack

Date: 02.12.2024 Author: Montel

Photo: Montel

Kosovo needs to expedite the construction of a new reservoir and bolster security around its critical infrastructure as tensions continue to simmer in the northern region, energy e...

New 350 MW Serbian coal plant to be “liability not an asset”

Date: 27.11.2024 Author: Maja Žuvela

Photo: Montel

Serbia is set to launch a 350 MW coal-fired power plant, increasing its reliance on the dirty fuel as the rest of Europe embraces the green transition, though an industry expert sa...