EU power market reform to boost smaller PPAs – consultancy
Date: 31.03.2023 Author: Mathias Julius Falkengaard, Montel
Photo: 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
Photo: 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
Photo: 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
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 Thursday.
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 projects in Romania told
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 Dejan Paravan said
Oil prices hold steady after big drop in US inventories
Date: 30.03.2023 Author: Montel
Photo: 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
Photo: 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
Photo: 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
Photo: 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
Photo: 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
Photo: 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.
