TRADING
Photo: Andreja KrašnaRomania’s BRM exchange acquires Bulgarian gas bourse Betp
December 6, 2024 | Maja ŽuvelaElectricity | Economy | Ecology
The Romanian commodities exchange BRM has reached a deal to acquire its Bulgarian gas counterpart Betp, in a move which should deepen regional cooperation in natural gas trading, it said on Friday....
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Photo: TAP AGGAS – Prices fall as Russia finds supply workaround
December 6, 2024 | Kelly Paul, MontelElectricity | Economy
European gas prices fell on Friday after Russia relaxed rules on the use of foreign currency to pay for its supplies and the potential for mild weather towards late December stoked bearish sentiment....
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Photo: MontelJAO to launch long-term Romania-Serbia auctions
December 6, 2024 | Maja ŽuvelaElectricity | Energy policy | Economy
Long-term auctions for the Romania-Serbia border will start this month, JAO, the main service provider for European TSOs, said late on Wednesday, after launching a technical go-live on this border....
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Photo: Roman PeklajHungary bets on cheap but risky Russian gas
December 6, 2024 | Laurence Walker, MontelElectricity | Energy policy | Economy
Hungary will likely continue buying gas from Russia as low prices and Budapest’s strong political ties with Moscow fly in the face of other EU nations seeking alternative supplies, analysts said....
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Photo: TAP AGRussia relaxes restrictions on foreign currency payments for gas
December 6, 2024 | Richard Sverrisson, MontelElectricity | Energy policy | Economy
Russia has relaxed rules on the use of foreign currency to pay for its natural gas via Gazprombank, the country's presidency announced late on Thursday. ...
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Photo: DOTI 2009Bulgarian 500 MW offshore wind aim “unachievable” by 2030
December 5, 2024 | Dalibor DobrićElectricity | Renewables | Energy policy
Bulgaria’s ambition to install 500 MW of offshore wind by 2030 is “completely unachievable” due to political chaos and a lack of infrastructure, a senior analyst from Veyt told Montel on Thursday....
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Photo: Energija ProjektRomanian political uncertainty may threaten green growth
December 5, 2024 | MontelElectricity | Renewables | Energy policy
Political uncertainty in Romania amid parliamentary and presidential elections have created investment jitters within the energy sector, which could slow down the country’s green transition, market participants told Montel....
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Photo: MontelSerbian 2040 green goal not financially feasible – consultant
December 5, 2024 | Dalibor DobrićElectricity | Renewables | Coal | Energy policy
Serbia’s new energy strategy envisions 73% of its power mix to come from green sources by 2040 but a local energy consultant told Montel this was unlikely....
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Photo: www.riteugljevik.comLack of coal stops Bosnia and Herzegovina 300 MW power plant
December 4, 2024 | Maja ŽuvelaElectricity | Coal | CO2 emissions | Economy
The 300 MW Ugljevik coal-fired power plant in Bosnia and Herzegovina (BiH) was taken offline on 30 November for an indefinite timeframe, the plant’s operator Rite Ugljevik said on Wednesday....
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Photo: Roman PeklajSEE POWER – Hungarian curve plunges amid rising supply
December 4, 2024 | MontelElectricity
Electricity prices in southeast Europe slumped over the last week amid higher hydropower output, improving lignite-fired unit availability and lower demand on the back of milder weather and public holidays in December....
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