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RENEWABLES

Bulgarian 500 MW offshore wind aim “unachievable” by 2030

Date: 05.12.2024 Author: Dalibor Dobrić
Bulgarian 500 MW offshore wind aim “unachievable” by 2030Photo: DOTI 2009

Bulgaria’s ambition to install 500 MW of offshore wind by 2030 is “completely unachievable” due to political chaos and a lack of infrastructure, a senior analyst from Veyt told Montel on

Romanian political uncertainty may threaten green growth

Date: 05.12.2024 Author: Montel
Romanian political uncertainty may threaten green growthPhoto: Energija Projekt

Political uncertainty in Romania amid parliamentary and presidential elections have created investment jitters within the energy sector, which could slow down the country’s green transition, market

Serbian 2040 green goal not financially feasible – consultant

Date: 05.12.2024 Author: Dalibor Dobrić
Serbian 2040 green goal not financially feasible – consultantPhoto: Montel

Serbia’s new energy strategy envisions 73% of its power mix to come from green sources by 2040 but a local energy consultant told Montel this was unlikely.

Renewables growth boosts Bulgarian intraday power trading

Date: 03.12.2024 Author: Montel
Renewables growth boosts Bulgarian intraday power tradingPhoto: Roman Peklaj

Bulgaria’s intraday power trading volumes have surged thanks to a growing capacity of intermittent renewable energy, traders told Montel.

Europe’s solar power boom slows amid negative prices – lobby

Date: 03.12.2024 Author: Enza Tedesco, Montel
Europe’s solar power boom slows amid negative prices – lobbyPhoto: Woodburn Capital

Europe’s recent boom in solar installations will slow as flagging profits due to negative prices and sluggish electrification efforts dent investment in new projects, the sector’s main lobby has

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

Slovenian prosumer solar may drop 80% in 2025 – expert

Date: 02.12.2024 Author: Valerija Hozjan
Slovenian prosumer solar may drop 80% in 2025 – expertPhoto: pixabay.com

Prosumer solar installations in Slovenia could drop by 80% next year when the benefits of the current net metering scheme end and a new network fee is introduced, says the director of the Slovenian

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.

Red tape may delay Croatian power grid expansion – TSO

Date: 29.11.2024 Author: Dalibor Dobrić
Red tape may delay Croatian power grid expansion – TSOPhoto: Dalibor Dobrić

Croatian TSO Hops plans to invest around EUR 1bn in new grid infrastructure, but construction may take over a decade, Goran Levacic, head of data at Hops’ network development department, told

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

Serbia takes “important step” to EU energy market alignment

Date: 28.11.2024 Author: Dalibor Dobrić
Serbia takes “important step” to EU energy market alignmentPhoto: Montel

Serbia has taken an “important step” towards integrating into the EU’s single electricity market, the director of an organisation representing the countries told Montel on Thursday.

Serbian utility’s role may hamper CFD auction competition – PWC

Date: 28.11.2024 Author: Maja Žuvela
Serbian utility’s role may hamper CFD auction competition – PWCPhoto: Interenergo

The role of Serbian state-owned power utility Eps in new green projects risks restricting competition, consultancy PWC warned, after the country invited bids in its second renewables contracts for

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