End to Ukraine gas transit won’t risk supply – EU official
September 20, 2024 | Fatima Sadouki, MontelThe expiry of a gas transit agreement between Ukraine and Russia’s Gazprom at the end of the year will not result in any shortage of supply in Europe, an EU official said on Thursday....
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Bulgaria opens tender for renewal of two Chaira hydro units
September 18, 2024 | MontelElectricity | Renewables
Bulgarian state-owned power utility Nek has launched a public tender for the supply, replacement, testing and commissioning of two units at the inoperative 864 MW Chaira pumped-storage hydro-power plant, the energy ministry said on Wednesday....
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Statkraft eyes 110 MW of new solar in Croatia by 2027
September 17, 2024 | Dalibor DobrićElectricity | Renewables
Norwegian power utility Statkraft hopes to complete around 110 MW of its 750 MW portfolio of solar projects in Croatia by 2027, Arnaud Bellanger, country manager at the company, said on Tuesday....
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France’s EDF and Egis to conduct nuclear study in Serbia
September 16, 2024 | Maja ŽuvelaElectricity | Energy policy | Economy | Ecology | En.vision | Nuclear Energy
The Serbian energy ministry has chosen France’s state-owned power utility EDF and engineering firm Egis Industries to conduct a preliminary study on the technical requirements for a civilian nuclear energy programme....
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Azerbaijan gas can’t offset Ukraine transit halt – analysts
September 11, 2024 | Laurence Walker, MontelAzerbaijan has been touted as a possible saviour to Europe’s gas market amid the impending halt to Russian flows via Ukraine, but analysts close to the situation told Montel of their doubts....
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Single operator for EU power market coupling idea resurfaces
September 9, 2024 | Siobhan Hall, MontelElectricity | Energy policy
The idea of a single operator for the EU’s power market coupling algorithm has resurfaced in recommendations made by former Italian prime minister Mario Draghi on Monday in a report requested by the European Commission....
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EC seeks views on energy security risks, including LNG
September 6, 2024 | Siobhan Hall, MontelElectricity
The European Commission is inviting comments on whether the EU’s gas and electricity security rules need updating to reflect new realities, such as now relying on LNG for nearly half of the bloc’s imports....
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EU gas price could jump 50% in case of harsh winter – bank
September 4, 2024 | Andrés Cala, MontelEurope’s benchmark gas price will remain influenced by weather and geopolitics this winter but could surge almost 49% from current levels in the case of particularly harsh weather, said Swedish bank SEB on Wednesday....
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Bulgaria seeks five LNG cargoes via Greece, Turkey for 2024-25
August 30, 2024 | MontelState-owned Bulgarian utility Bulgargaz announced late on Thursday tenders for five LNG cargoes totalling 5 TWh to be delivered during the 2024-25 winter, either via either Greece’s Alexandroupolis terminal or Turkey....
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Europe’s gas use rises as market faces 2030 shortage – study
August 27, 2024 | Elias Huuhtanen, MontelEnergy policy
Europe’s gas demand is set to rise for the first time since 2021 this year – edging up almost 1% – and without new investment global demand growth could cause undersupply by 2030, the International Gas Union (IGU) forecast on Tuesday....
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