The Emilia-Romagna Region in northern Italy is supporting the creation and strengthening of renewable energy communities (RECs) in five countries in the Western Balkans. Ten projects can receive up to EUR 200,000 each, alongside technical and other support. For-profit and non-profit entities in Albania, Bosnia and Herzegovina, Montenegro, North Macedonia and Serbia are eligible for […]
Solar became the EU’s largest source of electricity for the first time in June 2025. National records for both photovoltaics and wind rolled in in May and June, pushing coal to an all-time low. Solar was the largest source of electricity in the European Union for the first time last month, with multiple countries producing […]
According to data compiled by the CyprusGrid tracking platform, the island country curtailed more than 167 GWh of renewable electricity in the first six months of 2025. It was equivalent to last year’s entire cuts. On average, two thirds of the potential green energy production was lost per day in March. In addition to being […]
The BESS dealmaking landscape in Europe has evolved dramatically over the past four to five years, driven by diminishing battery pack costs and the emergence of stackable revenue streams in mature markets, Pexapark said in a new brief. Germany and Netherlands have emerged as hotspots for optimization and offtake, after Great Britain’s convincing lead for […]
Chief Executive Officer of WindEurope Giles Dickson has decided to step down after 10 years, to become a school teacher. The Board of Directors of WindEurope has initiated the process of finding his successor. Giles Dickson has been instrumental in the expansion of wind energy in Europe – onshore and offshore – and played a […]
The Interconnector Greece-Bulgaria (IGB) natural gas pipeline is planned to be expanded to five billion cubic meters per year from three billion. The non-binding assessment phase is underway. ICGB, the operator of the IGB interconnection, targets an expansion in technical annual capacity to five billion cubic meters per year from the current three billion. The […]
Electricity consumption by end consumers in Serbia increased 2.7% last year, while production decreased 6.7%, according to the 2024 annual report of the Energy Agency of the Republic of Serbia. Higher consumption and lower production led to a 15% rise in imports. Excluding the use of electricity in power plants for production purposes, consumption by […]
Even with a quota for the regulated electricity market in Bulgaria, low electricity prices pushed TPP Maritsa East 2 into a loss last year. It is the only state-owned coal power plant. The financial report for 2024 showed a loss of EUR 52 million for TPP Maritsa East 2 (Maritsa-iztok 2), Kapital reported. It compares […]
Record solar power production, backed by yet insufficient energy storage capacity, helped maintain the stability of the electricity system in Europe during the latest heatwave, Ember said. Many nuclear and other thermal power plants reduced their activity as river water temperature wasn’t low enough for efficient cooling. Intraday price spreads at European power exchanges landed […]
At the forthcoming auction for market premiums for electricity from solar power plants in Montenegro, the participants will bid for state support for 250 MW in total capacity. The maximum price to compete for is EUR 65 per MWh and the contracts will last 12 years. The Government of Montenegro adopted the decisions and directives […]