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EU power market reform to boost smaller PPAs – consultancy

Date: 31.03.2023 Author: Mathias Julius Falkengaard, Montel
EU power market reform to boost smaller PPAs – consultancyPhoto: Roman Peklaj

The EU’s electricity market reforms should make it easier for smaller consumers to secure their future power supply through power purchase agreements (PPAs), energy advisers Our New Energy told

Slovenia to lower power output revenue cap to EUR 160/MWh

Date: 31.03.2023 Author: Tanja Srnovršnik
Slovenia to lower power output revenue cap to EUR 160/MWhPhoto: Energetika.NET archive

The Slovenian government on Thursday approved changes to the law which limits excess power market revenues, lowering the cap from EUR 180/MWh to EUR 160/MWh.

Serbian Eps to take 650 MW coal power unit offline on 2 April

Date: 31.03.2023 Author: Maja Žuvela
Serbian Eps to take 650 MW coal power unit offline on 2 AprilPhoto: www.tentesla.com

Serbian power utility Eps will take the 650 MW unit B1 at its Nikola Tesla B (Tent B) coal-fired power plant offline for an overhaul on 2 April, its acting director Miroslav Tomasevic said.

Germany expects swift renewable expansion with EU deal

Date: 30.03.2023 Author: Nathan Witkop, Montel
Germany expects swift renewable expansion with EU dealPhoto: 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 Thursday.

Battery storage in Romania still costly, challenging – developers

Date: 30.03.2023 Author: Yana Palagacheva
Battery storage in Romania still costly, challenging – developersPhoto: 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 projects in Romania told

Slovenian nuclear unit cannot be completed before end 2035 – CEO

Date: 30.03.2023 Author: Peter Palčec
Slovenian nuclear unit cannot be completed before end 2035 – CEOPhoto: 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 Dejan Paravan said

Oil prices hold steady after big drop in US inventories

Date: 30.03.2023 Author: Montel
Oil prices hold steady after big drop in US inventoriesPhoto: Tanja S. Volarič

Oil prices edged higher early Thursday amid ongoing supply disruptions in Iraq and as a sharp decline in US crude inventories signalled healthy demand from the world’s biggest oil consumer.

Croatia to greenlight 15 new renewables projects – ministry

Date: 29.03.2023 Author: Dalibor Dobric
Croatia to greenlight 15 new renewables projects – ministryPhoto: www.siemens.com

The Croatian economy ministry announced on Tuesday that it had decided to grant energy approvals to 15 new renewable energy projects and that it had posted 21 new tenders for further energy approval

EC reform proposal could disrupt short-term markets – Epex

Date: 29.03.2023 Author: Olav Vilnes, Montel
EC reform proposal could disrupt short-term markets – EpexPhoto: Roman Peklaj

The European Commission’s market reform proposal includes elements that could have negative consequences for the development of short-term trading in the EU, said power exchange Epex Spot.

EU ETS emissions likely edged up in 2022 – analysts

Date: 29.03.2023 Author: Nathan Witkop, Montel
EU ETS emissions likely edged up in 2022 – analystsPhoto: Pixabay

Stationary installations obliged to participate in the EU’s carbon market most likely saw their emissions climb by 0.6% in 2022, according to analysts polled by Montel ahead of preliminary data due

Finance risk could limit EU’s joint gas buying plans – EC

Date: 28.03.2023 Author: Siobhan Hall, Montel
Finance risk could limit EU’s joint gas buying plans – ECPhoto: Plinovodi

Companies’ ability to use the EU’s joint gas buying platform could be limited by lack of access to the financial guarantees needed to underpin contracts, European Commission vice president Maros

EU ministers approve 24% carbon reserve intake to 2030

Date: 28.03.2023 Author: Siobhan Hall, Montel
EU ministers approve 24% carbon reserve intake to 2030Photo: Roman Peklaj

EU energy ministers have approved maintaining the 24% annual intake rate of surplus ETS allowances into the market stability reserve (MSR) to 2030 in a vote on Tuesday.



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