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ELECTRICITY

Cez hedges 75% of 2023 power output at EUR 117/MWh

Date: 21.03.2023 Author: Marcin Czekanski
Cez hedges 75% of 2023 power output at EUR 117/MWhPhoto: Energetika.NET archive

Czech utility Cez had hedged 39 TWh, or 75%, of this year’s power production at an average of EUR 117/MWh by the end of December, it said on Tuesday.

BiH's Modrica refinery seeks bids for 6.3 MW solar power plant

Date: 21.03.2023 Author: Maja Žuvela
BiH's Modrica refinery seeks bids for 6.3 MW solar power plantPhoto: Montel

The Modrica oil derivatives refinery in northern Bosnia and Herzegovina (BiH) has invited bids for a feasibility study and project design for a solar power plant with up to 6.3 MW of capacity.

RWE's full-year earnings jump 73% to EUR 6.3bn

Date: 21.03.2023 Author: Nathan Witkop, Montel
RWE's full-year earnings jump 73% to EUR 6.3bnPhoto: Fatos Bytyci

RWE earnings rose 73% last year to EUR 6.3bn amid more renewables generation, better margins and an especially good trading result during a year of turbulent energy prices, the German utility said on

Legislative gaps may delay Bulgaria’s first floating solar plant

Date: 20.03.2023 Author: Yana Palagacheva
Legislative gaps may delay Bulgaria’s first floating solar plantPhoto: EBRD

Germany’s Profine Energy intends to install 500 MW-1 GW of floating solar capacity at the Ogosta dam in north-western Bulgaria, but legislative changes are needed before construction can begin, an

German front month power hits lowest point since August 2021

Date: 20.03.2023 Author: Tasmin Chowdhary, Montel
German front month power hits lowest point since August 2021Photo: ACER

German front-month power extended losses on Monday to reach a 19-month low amid sliding gas prices and milder weather forecasts.

Huge interest in PPA contracts in Croatia – conference

Date: 20.03.2023 Author: Dalibor Dobrić
Huge interest in PPA contracts in Croatia – conferencePhoto: Gorenje Solar archive

Croatian companies are increasingly interested in PPA contracts due to energy price volatility, more than 300 participants at the first Zagreb conference on the development of PPA contracts heard on

Slovenian utility developing EUR 2bn of energy investments – CEO

Date: 17.03.2023 Author: Valerija Hozjan
Slovenian utility developing EUR 2bn of energy investments – CEOPhoto: arhiv Energetike.NET

The Slovenian power utility HSE is currently developing renewables and other energy projects representing EUR 2bn of investment, CEO Tomaz Stokelj said at an energy conference in Ljubljana on

Axpo inks 10-year, 1.8 TWh wind PPA in Croatia

Date: 17.03.2023 Author: Niels C Sorrells, Montel
Axpo inks 10-year, 1.8 TWh wind PPA in CroatiaPhoto: Interenergo

Swiss utility Axpo has announced a 10-year power purchase agreement (PPA) for almost 1.8 TWh of wind power capacity out of Croatia.

PPC entry in Romania could benefit Greek power market – expert

Date: 17.03.2023 Author: Yana Palagacheva
PPC entry in Romania could benefit Greek power market – expertPhoto: Montel

The Greek electricity market can profit from power utility PPC’s purchase of Romanian assets, a local power market expert has told Montel.

Oil group Nis mulls hydrogen plant in north-eastern Serbia

Date: 17.03.2023 Author: Maja Žuvela
Oil group Nis mulls hydrogen plant in north-eastern SerbiaPhoto: 

Serbia’s oil group Nis has invited bids for the preparation of project and technical documentation for the construction of a hydrogen production plant near the Elemir gas refinery in north-eastern

Kosovo unprepared for energy transition – think tank

Date: 17.03.2023 Author: Montel
Kosovo unprepared for energy transition – think tankPhoto: Fatos Bytyci

The energy sector continues to be one of the most problematic in Kosovo’s economy due to an overreliance on coal and a lack of vision for renewables development, a Pristina-based think tank said on

Albania-Kosovo Alpex bourse to boost renewables – traders

Date: 17.03.2023 Author: Montel
Albania-Kosovo Alpex bourse to boost renewables – tradersPhoto: Montel

Albania and Kosovo’s joint trading platform Alpex will encourage more renewable energy investment, guarantee power selling and fill the production gaps in both countries, local traders have told



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