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Romania needs more PPAs and power-to-x solutions

Date: 23.06.2022 Author: Peter Palčec
Romania needs more PPAs and power-to-x solutionsPhoto: S. Miles/FreeDigitalPhotos.net

Romania is too focused on the spot market segment and needs more energy aggregation, power purchase agreements (PPAs) and power-to-x solutions to develop new projects, said a project manager at the

Energy Community pushes talks on 2030 climate and energy targets

Date: 23.06.2022 Author: Maja Žuvela
Energy Community pushes talks on 2030 climate and energy targetsPhoto: Alenka Lena Klopčič

The Energy Community’s contracting parties are committed to finalising negotiations on 2030 climate and energy targets during an 8-9 July informal ministerial council meeting in Vienna, the body

EU coal reversal no excuse for Serbia to follow suit – minister

Date: 21.06.2022 Author: Maja Žuvela
EU coal reversal no excuse for Serbia to follow suit – ministerPhoto: Fatos Bytyci

Decisions by certain EU governments to revert to coal-fired power generation is no excuse for coal-reliant Serbia to count on this fossil fuel in the future, the Serbian energy minister said on

End of free carbon permits key to greening steel – Sandbag

Date: 21.06.2022 Author: Nathan Witkop, Montel
End of free carbon permits key to greening steel – SandbagPhoto: arhiv SIJ Metala Ravne

A swifter end to free allowances distributed to industries in Europe’s carbon market is crucial for encouraging the embrace of technologies that can decarbonise steelmaking, climate think tank

Romanian power utility mulls 300 MW solar, green hydrogen plant

Date: 10.06.2022 Author: Peter Palčec
Romanian power utility mulls 300 MW solar, green hydrogen plantPhoto: pixabay.com

The Romanian power utility Hidroelectrica has posted a tender for a feasibility study which would focus on projects for 300 MW of solar capacity and a green hydrogen production plant.

Serbia plans 400 MW of hydrogen electrolysis capacity by 2050

Date: 08.06.2022 Author: Maja Žuvela
Serbia plans 400 MW of hydrogen electrolysis capacity by 2050Photo: Roman Peklaj

Serbia’s draft hydrogen strategy, which will be presented publicly on Thursday, sets an ambitious target of using at least 4% of total electricity output for green hydrogen production by 2050.

Bulgaria to offer EUR 35m of incentives for hydrogen projects

Date: 06.06.2022 Author: Peter Palčec
Bulgaria to offer EUR 35m of incentives for hydrogen projectsPhoto: Roman Peklaj

Bulgaria’s recovery plan will offer BGN 68.5m (EUR 35.02m) of incentives to pilot projects that should eventually result in at least 55 MW of green hydrogen capacity, its deputy energy minister said

Europe is leaving behind carbon capture – expert

Date: 03.06.2022 Author: Belén Belmonte, Montel
Europe is leaving behind carbon capture – expertPhoto: StatoilHydro archive

Carbon capture and storage (CCS) was largely forgotten in the REPowerEU plan, yet this technology will be key for the EU to achieve carbon neutrality by 2050, an expert said on Thursday.

Three Seas Fund to invest EUR 626m in Romanian gas infrastructure

Date: 25.05.2022 Author: Peter Palčec
Three Seas Fund to invest EUR 626m in Romanian gas infrastructurePhoto: Plinovodi

The Romanian gas TSO Transgaz has signed a roadmap agreement with the Three Seas Initiative Investment Fund for the construction of planned greenfield gas infrastructure in Romania, the TSO said on

Europe gas crisis hampers blue hydrogen outlook – analysis

Date: 24.05.2022 Author: Tasmin Chowdhary, Montel
Europe gas crisis hampers blue hydrogen outlook – analysisPhoto: EBRD

Europe’s gas supply crisis has lifted blue hydrogen production costs, leaving it an expensive and high-risk investment, according to the Institute for Energy Economics and Financial Analysis (IEEFA)

EC proposes hourly matching in hydrogen additionality rules

Date: 23.05.2022 Author: Siobhan Hall, Montel
EC proposes hourly matching in hydrogen additionality rulesPhoto: Roman Peklaj

The European Commission wants renewable power and related hydrogen production correlated every hour from 2027 under draft EU “additionality” rules.

US fund KKR buys Bulgarian Maritsa Iztok 3 coal plant

Date: 20.05.2022 Author: Peter Palčec
US fund KKR buys Bulgarian Maritsa Iztok 3 coal plantPhoto: Montel

The US company ContourGlobal has decided to sell the 908 MW Maritsa Iztok 3 coal-fired plant in Bulgaria to the American Kravis Roberts Fund (KKR) for EUR 2bn, Bulgarian media reported on Wednesday.



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