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ECOLOGY

Romania’s BRM exchange acquires Bulgarian gas bourse Betp

Date: 06.12.2024 Author: Maja Žuvela
Romania’s BRM exchange acquires Bulgarian gas bourse BetpPhoto: Andreja Krašna

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.

Bulgaria’s gas storage expansion to aid winter supply

Date: 02.12.2024 Author: Montel
Bulgaria’s gas storage expansion to aid winter supplyPhoto: Roman Peklaj

Bulgaria’s Chiren gas storage facility looked set to double capacity to 1bcm from early next year, enabling the country to secure sufficient supply over the winter, the energy minister said on

Non-EU East Europe “unlikely” to avoid CBAM – energy body

Date: 02.12.2024 Author: Maja Žuvela
Non-EU East Europe “unlikely” to avoid CBAM – energy bodyPhoto: Roman Peklaj

Non-EU countries in east Europe are unlikely to secure exemption from an EU carbon tax on electricity imports due their delayed alignment with the EU, said the head of representative body the Energy

EC approves Bulgarian aid to add 3 GWh power storage

Date: 29.11.2024 Author: Siobhan Hall, Montel
EC approves Bulgarian aid to add 3 GWh power storagePhoto: InnoEnergy

The European Commission has approved Bulgarian plans to grant up to EUR 590m (BGN 1.15bn) to encourage investments in projects to add at least 3 GWh of electricity storage capacity to the country’s

PPAs key for green targets in non-EU eastern Europe – panel

Date: 28.11.2024 Author: Maja Žuvela
PPAs key for green targets in non-EU eastern Europe – panelPhoto: Energija Projekt

Power purchase agreements (PPAs) will be pivotal in helping EU-aspirant eastern European countries achieve their 2030 green targets, a conference in Slovenian capital Ljubljana heard late on

New 350 MW Serbian coal plant to be “liability not an asset”

Date: 27.11.2024 Author: Maja Žuvela
New 350 MW Serbian coal plant to be “liability not an asset”Photo: Montel

Serbia is set to launch a 350 MW coal-fired power plant, increasing its reliance on the dirty fuel as the rest of Europe embraces the green transition, though an industry expert said it would be a

Renalfa, Eurowind secure funding for 238 MW Bulgarian solar

Date: 22.11.2024 Author: Maja Žuvela
Renalfa, Eurowind secure funding for 238 MW Bulgarian solarPhoto: Montel

Renalfa, a Vienna-based clean energy investment group, confirmed on Friday a 2025 launch for a 238 MW solar plant in Bulgaria after securing EUR 103m in loans with project partner Danish firm

Grid connection delays may slow Serbia’s green push – Aurora

Date: 21.11.2024 Author: Maja Žuvela
Grid connection delays may slow Serbia’s green push – AuroraPhoto: Dalibor Dobrić

Recent grid connection delays in Serbia may disrupt upcoming renewables projects and slow the country’s green transition, Aurora Energy Research analysts said on Thursday.

Bulgarian political woes curb 25 GW wind rollout – experts

Date: 21.11.2024 Author: Maja Žuvela
Bulgarian political woes curb 25 GW wind rollout – expertsPhoto: Wpd Adria

Bulgaria needs a stable long-term government coalition to unlock its 25 GW wind power potential by 2035 and wean itself off Russian influence that curbs its climate neutrality goals, local energy

Montenegro utility to build 55 MW wind amid coal phase-out

Date: 21.11.2024 Author: Maja Žuvela
Montenegro utility to build 55 MW wind amid coal phase-outPhoto: Energija Projekt

Montenegro state-owned power utility EPCG has started building its first ever renewables project, the 55 MW Gvozd wind farm, set for completion within 18 months as part of its decarbonisation effort,

Renewables put EU ETS “well on track” to hit 2030 target – EC

Date: 20.11.2024 Author: Cem Bektas, Montel
Renewables put EU ETS “well on track” to hit 2030 target – ECPhoto: Dalibor Dobrić

The pace of Europe’s deployment of renewable energy meant the EU ETS should hit its 2030 emissions reduction target, the European Commission said in its annual report on the EU ETS on Tuesday.

Hungarian GO prices fall by 36% on the month amid lower volumes

Date: 20.11.2024 Author: Maja Žuvela
Hungarian GO prices fall by 36% on the month amid lower volumesPhoto: Roman Peklaj

The auction of Hungarian guarantees of origin (GOs) in November cleared at a weighted average price of EUR 0.27/MWh, down by nearly 36% month on month, the Hupx power exchange said late on Tuesday.

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