On the day when it was supposed to get the Alexandroupolis LNG Terminal in Greece back online, its operator Gastrade extended the outage by another month. The company never revealed the details of the malfunction. Just as gas storage in the European Union slipped below 40% of capacity, the operator of the Alexandroupolis LNG Terminal […]
Power network operators won’t need to compensate renewable energy producers in Greece for curtailments, according to the latest bill of law. It prompted reactions in the renewable energy market. The bill, submitted for public consultation, received damning remarks from the Hellenic Wind Energy Association (HWEA or ELETAEN) and various other bodies and corporations for the […]
Terna Energy is developing a project for a 130 MW photovoltaic plant near Burgas in Bulgaria. The company, owned by Masdar, plans to connect it to the grid already by the end of next year. Recently it also reached landmark points in the development of wind power projects in Greece. Abu Dhabi Future Energy Co. […]
The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece. So far, Greece has provided support to 900 MW of standalone storage projects under three previous auctions. The new plan, prepared by the Ministry of the Environment and Energy, calls for installing 4,700 MW of standalone battery projects across the country, […]
PPC Group is accelerating its expansion in the Balkans by laying the foundation stone for its Colosseum solar power project in Bulgaria. The facility will have 165 MW in peak capacity and include a battery energy storage system (BESS), the Greek state-controlled utility revealed. The company’s investment plan includes Italy, where it recently commissioned the […]
The Independent Power Transmission Operator of Greece announced that it connected to PICASSO. It is the second transmission system operator or TSO in Southeastern Europe that joined the European platform, so now it can exchange balancing energy with its counterpart in Bulgaria. In addition, IPTO (or Admie, in Greek) has proposed the introduction of negative […]
Greece’s third energy storage auction has been completed with nine projects selected. It was the final auction where the state provides subsidies to build battery energy storage systems (BESS). A total of almost 800 MW in capability has been awarded through all three storage auctions. In the latest bidding, nine projects with a four-hour storage […]
Bosnia and Herzegovina and Montenegro requested at the meeting of the Energy Community Ministerial Council for the introduction of the CBAM cross-border CO2 tax, scheduled for January 1, 2026, to be postponed. The rollout of payments within the European Union’s Carbon Border Adjustment Mechanism (CBAM) is going to affect companies in the region – in […]
The most valuable priority infrastructure projects in the energy sector of Montenegro are the Komarnica and Kruševo hydropower plants, the Trans-Balkan Electricity Corridor and the Ionian-Adriatic pipeline. The Government of Montenegro has adopted a list of priority infrastructure projects for the energy sector to fulfill the final criteria of chapter 21 – Trans-European Network, of […]
Montenegro’s state-owned power utility, Elektroprivreda Crne Gore (EPCG), intends to invite bids by the end of the year for the installation of battery energy storage systems. President of EPCG’s Board of Directors Milutin Đukanović has said that the company’s business philosophy is based on three principles – production at the point of consumption, use of hydropower […]