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Romania’s tax repeal to boost storage usage – developer

Date: 03.12.2024 Author: Maja Žuvela
Romania’s tax repeal to boost storage usage – developerPhoto: Mercados – Aries International

The Romanian government’s decision to eliminate double taxation on energy storage facilities is expected to boost their uptake and help integrate more renewables into the market, a local developer

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

Hungary plans 0.5 GW power storage to curb price spikes

Date: 02.12.2024 Author: Marcin Czekanski, Montel
Hungary plans 0.5 GW power storage to curb price spikesPhoto: Mercados – Aries International

Hungary seeks to add 500 MW battery storage by mid-2026 to help curtail power price spikes during peak hours, the country's energy minister said on Monday.

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

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

Romania’s second power exchange BRM joins EU coupling market

Date: 20.11.2024 Author: Maja Žuvela
Romania’s second power exchange BRM joins EU coupling marketPhoto: Roman Peklaj

Romanian exchange BRM has become the country’s second nominated electricity market operator (Nemo) to join the European single day-ahead coupling (SDAC) market.

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.

Greek 1 GW power cable to boost security, oil phase-out – expert

Date: 19.11.2024 Author: Maja Žuvela
Greek 1 GW power cable to boost security, oil phase-out – expertPhoto: Dalibor Dobrić

Greek TSO Ipto’s plan for a 1 GW interconnector from the Dodecanese islands into the mainland high-voltage grid is set to boost the country’s energy security, support oil phase-out and cut prices,

Romania signs deal to expand nuclear capacity by 1.44 GW

Date: 15.11.2024 Author: Maja Žuvela
Romania signs deal to expand nuclear capacity by 1.44 GWPhoto: Incont.ro

Romania will expand its nuclear power capacity by 1.44 GW at the Cernavoda power plant by 2031-2032, the energy ministry said on Friday, following an agreement signed by utility Nuclearelectrica and

Serbia plans to deepen energy ties with Hungary – minister

Date: 15.11.2024 Author: Maja Žuvela
Serbia plans to deepen energy ties with Hungary – ministerPhoto: Paks NPP

Serbia plans to deepen energy ties with Hungary, including the possible acquisition of a minority stake in the latter’s 2 GW Paks nuclear plant, Serbia’s energy minister Dubravka

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