The fossil fuel age is crumbling, according to UN Secretary-General António Guterres. Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report. In 2024, onshore wind farms were the cheapest of all versus the lowest-cost fossil fuel alternatives, by 53% on average, while photovoltaic systems were […]
As of this year, Slovenia’s only coal-fired power plant, Termoelektrarna Šoštanj (TEŠ), has shifted its primary focus to supplying heat, with electricity now sold as a byproduct. The ongoing overhaul of its unit 6 is expected to be completed in the coming days, but the 600 MW block will not be restarted until the end […]
Serbia’s state gas company Srbijagas and North Macedonia’s gas transmission system operator Nomagas signed a memorandum of understanding expressing their intention to soon build a gas interconnector between the two countries. Srbijagas is also expected to present a plan for a gas interconnection with Romania. The memorandum, signed by Srbijagas General Manager Dušan Bajatović and […]
A ground-mounted solar power plant of 466 kW started generating electricity on a regular basis at Slovenian state-owned gas power plant Termoelektrarna Brestanica (TEB). GEN-I’s subsidiary GEN-I Sonce installed a photovoltaic system, as the contractor, at the gas power plant run by fellow GEN Group member Termoelektrarna Brestanica (TEB). The 466 kW ground-mounted solar power […]
The European Commission advised Croatia to speed up the installation of renewable energy capacities and add non-fossil flexibility solutions, to reduce electricity prices for businesses. Electricity prices for the corporate sector in Croatia in the first half of 2024 were the third-highest in the European Union, according to the European Commission. At about EUR 0.244 […]
The North Macedonian section of the gas interconnector with Greece is expected to be completed by early 2027. The construction contract was signed by the Ministry of Energy, Mining and Mineral Resources, domestic contractor Rapid Build and the country’s gas transmission system operator Nomagas. The construction of the gas pipeline connecting North Macedonia with Greece […]
The European Commission set out a plan to phase out by the end of 2027 the purchases of Russian natural gas, including in the form of LNG, and oil. The package includes proposals aiming to replace Russian nuclear fuel and materials as well. The European Union will end its dependency on Russian energy by stopping […]
Kosovo Energy Corp. (KEK) began the reconstruction and modernization of one of the two units in its Kosovo B coal power plant. The works are part of a EUR 56.5 million project for the entire facility. Kosovo* relies almost entirely on lignite in domestic electricity production, with a 92% share, the highest in the world. […]
Hungarian power utility MVM signed an agreement with a consortium of Turkey-based conglomerate Çalık Holding and Italian company Ansaldo Energia, which are tasked with building a 1,000 MW combined cycle gas turbine power plant at the Tiszaújváros site in northeast Hungary. It is the second time this year that MVM contracted the construction of gas-fueled […]
OMV put into operation its green hydrogen plant in Schwechat near Vienna. The facility can produce 1,500 tons per year. OMV is producing green hydrogen on a commercial scale for the first time. The Vienna-based fossil fuel and petrochemicals producer started up a 10 MW plant at its Schwechat refinery near Austria’s capital. It is […]