Despite early efforts to develop green hydrogen and its first regulatory framework, Greece finds itself on a steep curve. The government has presented the first law on hydrogen and renewable gases in parliament. At the same time, refineries and other industries are working on projects that will determine green hydrogen’s cost-effectiveness. However, a significant obstacle […]
The Moneypoint power plant stopped burning coal, marking the end of Ireland’s coal era. The last such facilities in several other countries in the European Union are operating only barely or occasionally. Ireland has ended coal power generation. It is the eleventh coal-free country in the European Union and the 15th in Europe overall. Notably, […]
As part of its decarbonization efforts, Romanian hydrocarbons producer OMV Petrom is strengthening its presence in neighboring Bulgaria. It agreed to buy 50% of the Gabare solar power project, of 400 MW, from its developer Enery Element. The solar power investment frenzy in most of Southeastern Europe is continuing despite rising curtailments and the frequent […]
MOL’s 37.4 MW solar power plant with a battery energy storage system (BESS) of 40 MWh will contribute to the energy independence of its oil and gas complex in southern Hungary. Alteo is the contractor building the facility. The battery segment has received grants totaling EUR 20.5 million. MOL Group marked the start of construction […]
Coal-fired power plant ContourGlobal Maritsa East 3, which operates only sporadically to ensure the stability of supply for Bulgaria’s power system, plans to repurpose the grid infrastructure of its units 1 and 2 for solar and battery storage capacities. Units 3 and 4 will remain on standby to generate electricity during peak demand periods in […]
The transmission system operators (TSOs) of North Macedonia and Kosovo* are developing a project for a 400 kV interconnection line between Tetovo and Prizren. The investment would include other grid upgrades and expansion. Director-General of North Macedonia’s MEPSO Burim Latifi and Acting Chief Executive Officer of Transmission, System and Market Operator (KOSTT) of Kosovo* Shaban […]
After contacts with Russia, Slovenia and China regarding nuclear energy, and the start of cooperation with France, Serbia is expecting to sign an agreement with South Korean state-owned power utility KHNP, involving hydrogen as well. Among the other options are joint activities in the segment of small modular reactors. Like many countries in the Balkans, […]
Slovenia’s Ministry of the Environment, Climate and Energy, in cooperation with electricity market operator Borzen, has allocated nearly EUR 17 million in grants for businesses planning to install battery storage systems. The grants are intended for the purchase and installation of battery storage units, hybrid inverters, and electrical installations and equipment. The subsidy can cover […]
MET Group installed a battery energy storage system of 40 MW and a two-hour duration at its gas power plant Dunamenti near Budapest. The company said it is the largest BESS in Hungary. Hungary’s largest standalone battery energy storage system (BESS) has been inaugurated today. MET Group put into operation a facility of 40 MW […]
The global energy transition is picking up pace, with the World Economic Forum’s (WEF) latest report showing the fastest progress since before the COVID-19 pandemic. Overall improvement on the WEF’s Energy Transition Index (ETI) was recorded in 65% of the countries observed, with the Emerging Europe region posting the strongest growth. The report, titled Fostering […]