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Kosovo licenses energy supplier for its northern partPhoto: Montel

Kosovo licenses energy supplier for its northern part

June 24, 2022 | Montel
Electricity | Energy policy | Economy

On Friday Kosovo’s energy regulator, ZRRE, licensed a new energy supplier for the northern part of the country after more than two decades of disputes with Serbia. ...


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German Cal 23 subsides on coal, gas weaknessPhoto: ACER

German Cal 23 subsides on coal, gas weakness

June 24, 2022 | Tasmin Chowdhary, Montel
Electricity

The German power Cal 23 contract extended its recent record high early on Friday but then lost momentum amid weak signals from the coal and gas markets....


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Cindrigo to build 20 MW geothermal power plant in CroatiaPhoto: oie.hr

Cindrigo to build 20 MW geothermal power plant in Croatia

June 24, 2022 | Montel
Electricity | Renewables | Heating

Renewable energy developer Cindrigo will acquire a 90% interest in Croatia’s EES Dravacel Energetika to develop a 20 MW geothermal power plant in the Virovitica–Podravina County, the UK-based company said in a press release....


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Carbon prices set to trade in EUR 80-90/t rangePhoto: Roman Peklaj

Carbon prices set to trade in EUR 80-90/t range

June 24, 2022 | Enza Tedesco, Montel
Energy policy | CO2 emissions

European carbon prices looked set to remain within a EUR 80-90/t range next week, with the key drivers being economic growth, higher coal consumption and EU ETS reform negotiations following this week’s vote by lawmakers....


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TTF benchmark retreats from 1-week highPhoto: Roman Peklaj

TTF benchmark retreats from 1-week high

June 24, 2022 | Julia Demirdag, Montel

European gas prices dropped on Friday, with the benchmark TTF contract retreating from a one-week high reached the previous session when Germany triggered the “alert” stage of an emergency gas plan to cope with shortages....


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Albania licenses new hydro capacity, rejects 8 MW of solarPhoto: KESH

Albania licenses new hydro capacity, rejects 8 MW of solar

June 24, 2022 | Montel
Renewables | Energy policy | Ecology

Albania’s energy regulator ERE has licensed three small hydropower plants with a total capacity of 5.6 MW in the southern part of the country, it said on Thursday. ...


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Croatia set to issue energy approval for biggest solar plantPhoto: Montel

Croatia set to issue energy approval for biggest solar plant

June 24, 2022 | Montel
Renewables | Energy policy

Croatia plans to issue its first energy approval for renewables projects this year which should pave way for the construction of the biggest solar power plant to date....


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Russian gas flows remain steady on FridayPhoto: Gazprom

Russian gas flows remain steady on Friday

June 24, 2022 | Nathan Witkop, Montel

Russian gas exports to northwestern Europe along three main conduits were expected to come in around 101mcm/day on Friday, unchanged day on day, network operator data showed....


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Oil prices edge up as tight supply offsets growth worriesPhoto: Victor Habbick via FreeDigitalPhotos

Oil prices edge up as tight supply offsets growth worries

June 24, 2022 | Jeff Coelho, Montel
Oil and oil derivates | Economy

Oil prices were trading a shade higher early on Friday as signs of supply tightness in the market offset broader concerns about slowing economic growth, analysts said....


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Romania needs more PPAs and power-to-x solutionsPhoto: S. Miles/FreeDigitalPhotos.net

Romania needs more PPAs and power-to-x solutions

June 23, 2022 | Peter Palčec
Electricity | Renewables | New technologies

Romania is too focused on the spot market segment and needs more energy aggregation, power purchase agreements (PPAs) and power-to-x solutions to develop new projects, said a project manager at the energy consultancy Horvath....


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