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Gas market vulnerable if Greek LNG terminal delayed againPhoto: UMAS London

Gas market vulnerable if Greek LNG terminal delayed again

July 17, 2024 | Montel

Any further delays in the launch of Greece’s Alexandroupolis LNG terminal could significantly impact the European gas market, with Russia’s transit agreement with Ukraine set to expire and winter bringing increased risk of cold snaps....


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Two 400 kV lines tripping caused SEE June blackout – Entso-EPhoto: Montel

Two 400 kV lines tripping caused SEE June blackout – Entso-E

July 16, 2024 | Maja Žuvela
Electricity | Renewables | Coal | Energy policy | Economy | Energy Efficiency

Unexpected tripping on two 400 kV overhead lines caused the 21 June domino blackout that hit four southeast European (SEE) countries, the initial findings of the European TSO body Entso-E have concluded. ...


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Austrian grid issues curb SEE security of supply – industryPhoto: Roman Peklaj

Austrian grid issues curb SEE security of supply – industry

July 12, 2024 | Maja Žuvela
Electricity | Renewables | Transport | Energy policy | Economy | En.vision | Energy Efficiency

Frequent capacity curtailments at the Austria-Hungary and Austria-Slovenia borders have raised fresh fears of power blackouts and pose a serious threat to southeast Europe’s (SEE) supply security, market participants told Montel....


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Acer unveils Picasso power pricing changes following reviewPhoto: Roman Peklaj

Acer unveils Picasso power pricing changes following review

July 10, 2024 | Alina Trabattoni, Montel
Electricity | Energy policy

EU regulatory agency Acer said on Tuesday it will amend the pricing system and methodology of cross-border power balancing platform Picasso to ensure it functions adequately, ending its four-month review of the algorithm’s inefficiencies....


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Hungarian spot power hits European record amid heatwavePhoto: Roman Peklaj

Hungarian spot power hits European record amid heatwave

July 9, 2024 | Maja Žuvela
Electricity | Renewables | Coal | Economy

Hungary's power exchange Hupx recorded on Tuesday the highest hourly price since September 2022 and the highest day-ahead price in Europe, driven by the ongoing heatwave, cross-border constraints and heightened power exports to Ukraine....


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Austria forms commission to review OMV’s Russian gas contractPhoto: Roman Peklaj

Austria forms commission to review OMV’s Russian gas contract

July 9, 2024 | Andreas Lochner, Montel
Energy policy

Austria’s energy minister Leonore Gewessler has tasked a commission to review gas utility OMV’s delivery contract with Russia’s Gazprom Export, she said on Tuesday. ...


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EPBiH sees EUR 169m record loss in 2023 as coal output dropsPhoto: www.elektroprivreda.ba

EPBiH sees EUR 169m record loss in 2023 as coal output drops

July 5, 2024 | Maja Žuvela
Electricity | Renewables | Coal | Energy policy | CO2 emissions | Economy | En.vision | Energy Efficiency

Bosnia and Herzegovina’s (BiH) power utility EPBiH posted a historic loss of EUR 169m in 2023 due to declining production at its coal mines, its general manager Sanel Buljubasic said on Friday. ...


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Greek operator sells all GOs in debut domestic auctionPhoto: Dalibor Dobrić

Greek operator sells all GOs in debut domestic auction

July 3, 2024 | Maja Žuvela
Electricity | Renewables | Energy policy | Economy | Ecology

Greece’s renewable energy market operator DAPEEP sold all 890,029 guarantees of origin (GOs) it was offering in a maiden domestic auction, at EUR 0.37-0.41/MWh, results published on Wednesday show....


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Most EU countries miss deadline for 2030 energy plansPhoto: Roman Peklaj

Most EU countries miss deadline for 2030 energy plans

July 1, 2024 | Siobhan Hall, Montel
Electricity | Energy policy

Most EU countries have missed a 30 June deadline to tell the European Commission their commitments for meeting 2030 energy and climate targets, the EU executive said on Monday....


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Picasso needs more members, aligned rules to work – expertsPhoto: Roman Peklaj

Picasso needs more members, aligned rules to work – experts

June 28, 2024 | Alina Trabattoni, Montel
Electricity | Energy policy

The extreme price volatility that prompted Italy to exit the EU’s cross-border power balancing mechanism Picasso and delayed other countries from joining can be solved by more participants signing up and regulatory alignment, industry experts told Montel....


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