Obtaining an exemption from the European Union’s Carbon Border Adjustment Mechanism (CBAM) for electricity would mean a rapid and unfeasible decarbonization of Serbia’s energy sector, which would be unacceptable for households and businesses alike, a...
Slovenian transmission and distribution system operator ELES and Italian transmission system operator Terna agreed to upgrade their cross-border electricity network in an investment of EUR 250 million. The project aims to increase the transmission ca...
Germany is rushing to secure the supply of lithium from Bolivia in talks with the new government, but also to enable domestic mining operations. At the same time, Rio Tinto’s controversial project Jadar in Serbia seems dormant despite nominal support...
Carbon capture and storage projects worth as much as EUR 3.6 billion are under development in Greece. Energean’s subsidiary EnEarth has launched a tender for drilling two wells for the Prinos site under the Aegean Sea, while DESFA won a EUR 169 milli...
One of the biggest photovoltaic plants in Romania is due to begin commercial operation by the end of the year. China Huadian Corp., which bought 49%, is reportedly acquiring the entire 134 MW facility. Project firm Grup Blauer București has completed...
The United States Department of the Treasury said it wouldn’t allow Gunvor to “operate and profit,” calling it “the Kremlin’s puppet.” The energy trader responded that the statement is “fundamentally misinformed and false,” but it withdrew its propos...