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Outage of 650 MW Romanian nuclear unit drives SEE spot

Date: 22.07.2024 Author: Maja Žuvela
Outage of 650 MW Romanian nuclear unit drives SEE spotPhoto: Roman Peklaj

The unplanned outage of a 650 MW unit at Romania’s Cernavoda nuclear power plant late on Friday has been the main driver behind power price rallies in Greece, Romania and Bulgaria, according to

European power grids face week-long 40C heatwave stress

Date: 17.07.2024 Author: Alina Trabattoni, Yana Palagacheva, Belén Belmonte, Montel
European power grids face week-long 40C heatwave stressPhoto: www.caneurope.org

Power grids across Europe are poised to face significant challenges as temperatures soar to record highs in excess of 40C in coming days, boosting demand, affecting infrastructure and potentially

Bulgaria urges action on Alexandroupolis LNG delay

Date: 03.07.2024 Author: Montel
Bulgaria urges action on Alexandroupolis LNG delayPhoto: UMAS London

Bulgaria is urging project developer Gastrade to take decisive action to accelerate the commercial start of Greece’s Alexandroupolis LNG terminal, energy minister Vladimir Malinov said late on

Bulgaria invites comments on 3 TWh energy storage tender

Date: 27.06.2024 Author: Maja Žuvela
Bulgaria invites comments on 3 TWh energy storage tenderPhoto: Merkur

Bulgaria’s energy ministry has invited public comments on the tender for bids to build the country's renewable energy storage infrastructure of a minimum capacity of 3 TWh, it said late on

Operator to hold annual capacity auctions for IGB gas link

Date: 24.06.2024 Author: Maja Žuvela
Operator to hold annual capacity auctions for IGB gas linkPhoto: TAP AG

Project developer ICGB will hold annual auctions on 1 July for capacity on the Greece-Bulgaria natural gas interconnector (IGB), it said on Monday.

Bulgaria’s Ibex eyes trading platform launch in July

Date: 21.06.2024 Author: Yana Palagacheva
Bulgaria’s Ibex eyes trading platform launch in JulyPhoto: Roman Peklaj

Bulgaria’s power exchange Ibex is looking to launch a new bilateral trading platform on 10 July, it said in a LinkedIn post on Friday.

Renalfa commissions largest BESS (25 MW/55 MWh) in Bulgaria

Date: 18.06.2024 Author: Maja Žuvela
Renalfa commissions largest BESS (25 MW/55 MWh) in BulgariaPhoto: 

Renewables developer Renalfa has launched a 25 MW/55 MWh battery energy storage system (BESS), Bulgaria’s largest to date, which is co-located with a 33 MW solar farm in the southwestern town of

EIB to help Bulgaria build 1.6 GW hydropower plant

Date: 13.06.2024 Author: Maja Žuvela
EIB to help Bulgaria build 1.6 GW hydropower plantPhoto: Fatos Bytyci

The European Investment Bank (EIB) is set to provide advisory services to Bulgarian utility Nek to help it build 1.6 GW of pumped-storage hydropower capacity seen as crucial to bolstering domestic and

Bulgarian Ibex eyes GO platform launch in September

Date: 03.06.2024 Author: Yana Palagacheva
Bulgarian Ibex eyes GO platform launch in SeptemberPhoto: Roman Peklaj

Bulgaria’s power exchange Ibex is hoping to launch a guarantees of origin (GO) platform by September this year, its CEO Konstantin Konstantinov told Montel on Monday.

Operators confirm EU intraday auctions to launch 13 June

Date: 29.05.2024 Author: Siobhan Hall, Montel
Operators confirm EU intraday auctions to launch 13 JunePhoto: Roman Peklaj

New intraday cross-border power capacity auctions will begin on 13 June for 14 June delivery as planned, the grid operators and nominated electricity market operators (Nemos) involved said on

Greek utility PPC aims for 2026 coal exit

Date: 24.05.2024 Author: Maja Žuvela
Greek utility PPC aims for 2026 coal exitPhoto: Montel

The Greek power utility PPC Group aims to be coal free by 2026, Elena Giannakopoulou, its chief strategy officer, told Montel on the side lines of the Eurelectric Power Summit near Athens late on

Bulgaria’s Chaira hydro plant poised for return by year-end

Date: 16.05.2024 Author: Montel
Bulgaria’s Chaira hydro plant poised for return by year-endPhoto: Montel

A 200 MW unit at Bulgaria’s Chaira hydropower plant is set to return to the grid by the end of 2024, Martin Georgiev, CEO at the state-owned power utility Nek, said on Thursday.



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