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 […]
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 […]
Denmark-based Eurowind Energy signed a 12-year virtual power purchase agreement (PPA) with Autoliv in Romania, for the supply of electricity from the Pecineaga wind park. The automotive manufacturer headquartered in Stockholm also signed one such deal for a solar park in Finland. The strongest wind turbines in Romania will generate electricity for Autoliv, which makes […]
The Ministry of Energy, Electricity System Operator (ESO) and the Bulgarian Development Bank (BDB) are launching a solar power program for municipalities, schools, kindergartens, hospitals and small businesses. There are no upfront costs and the installations become the beneficiary’s ownership within eight years. Minister Zhecho Stankov said the goal is to create the largest energy […]
Prosumers in Romania operated 2.44 GW of capacity at the end of January or 63% more than one year before. Their number soared 79% to 203,984 and it is set to keep growing substantially with more government subsidies underway. Once again, prosumers confirmed their role as the main pillar of Romania’s energy transition. Growth in […]
Nominated electricity market operators in Europe are starting joint member testing on April 7 for cutting the cross-zonal day-ahead power trading interval to 15 minutes. The switch is expected to improve the integration of renewable energy sources. The European wholesale electricity market is preparing to switch its market time unit (MTU) from 60 to 15 […]
Greece’s government-controlled power utility PPC and Masdar’s subsidiary Terna Energy are separately building two photovoltaic plants in Bulgaria, worth an estimated EUR 190 million in total. The biggest two renewable energy companies in Greece have taken over one major project each in neighboring Bulgaria, where domestic investors dominated the photovoltaics market until recently. Soon after […]
The Energy Community Secretariat initiated ex officio preliminary dispute settlement procedures against Albania, Bosnia and Herzegovina and Ukraine for the lack of unbundling of the countries’ electricity distribution system operators. In its Opening Letters, the Secretariat takes the view that the three Contracting Parties fail to comply with their obligations under the Energy Community Treaty by (completely, partly or incorrectly) not having […]
The Ministry of Infrastructure and Energy in Albania has announced on Monday that it has received 10 new expressions of interest for the construction of photovoltaic parks in the country. The requirements of various companies for the construction of these plants have been numerous throughout the summer after the approval of tariffs that the government […]