Unless the rules are refined for the electricity sector, the Carbon Border Adjustment Mechanism (CBAM) risks undermining the European electricity market integration and security of supply, Brussels-based think tank Bruegel warned. Bruegel has analyzed the impacts of the application of CBAM, set for January 1, 2026. The tax will apply to steel, cement, iron, aluminium, fertilizers, […]
Zdravko Dragaš is the new CEO of Montenegro’s state-owned power utility Elektroprivreda Crne Gore. The Board of Directors of Elektroprivreda Crne Gore (EPCG) appointed Zdravko Dragaš today as the company’s CEO, at its 41st regular session. A month and a half ago, the Board of Directors relieved the previous CEO Ivan Bulatović of his duties […]
Romania apparently achieved moderately lower prices at its additional wind power auction for contracts for difference (CfDs) than in the regular round. According to a media report, nine bids were approved, for seven proposed facilities, and the winners include OX2, Qair and Zen Energy Group. All wind farm projects in Romania that obtained the right […]
Elnos Group will build a connection to the transmission grid for the 300 MW Vetrozelena wind farm near the city of Pančevo in Serbia. Vetrozelena is the largest wind power plant under construction in Serbia. The largest existing one is Čibuk 1, with a capacity of 158 MW. It has been producing electricity since October […]
Wpd has won environmental approvals for a wind power project of 147.6 MW in Central Greece and one for 77 MW in Thrace, in the country’s northeast. Some of Germany-based wpd’s wind power investments in Southeastern Europe are struggling with delays and controversies – like in Montenegro and Bulgaria, but it is gaining speed in […]
GE Vernova said it would start the delivery in 2026 of 42 of its 6.1 MW-158m wind turbines to Greenvolt for the Gurbănești project near Bucharest. Together with the recent order for the nearby Ialomiţa wind farm, the Portugal-based firm secured half a gigawatt in capacity. Greenvolt is nearing the launch of construction of two […]
The Greek Ministry of Environment and Energy published the first list of households that will benefit from the national program for modernizing heating systems. In total, more than 100,000 households have been accepted, of which 5,000 are classified as vulnerable. The renewable heating program had an original budget of EUR 223 million, with support from […]
The two-week United Nations Climate Change Conference COP30 is taking place in Brazil. It brought together delegations from more than 190 countries to discuss the challenges of climate change and measures for mitigation and adaptation. The current COP marks ten years since the Paris Agreement, at a time of significant hurdles on the path to […]
Croatia’s highway management enterprise, Hrvatske Autoceste, is implementing a project for solar power plants along its highways. The company plans to use the electricity for self-consumption and for electric vehicle chargers. It would reduce costs and increase its energy independence. After a tender procedure, Hrvatske Autoceste (HAC) selected ETS Farago to produce project designs for […]
The Green for Growth Fund (GGF) has partnered with ING Leasing Türkiye, a subsidiary of ING Türkiye, through a EUR 20 million financing agreement to help small and medium-sized enterprises (SMEs) invest in cleaner, smarter, and more efficient technologies, from energy-efficient equipment and machinery upgrades to self-consumption photovoltaic systems and other low-carbon solutions. GGF’s first […]