A careful and organized course is required to achieve the energy transition in Cyprus, support the industry and strengthen the economy, ensuring sustainable solutions for the country’s energy future, new Minister of Energy, Commerce and Industry Michael Damianos said. He took over from his predecessor George Papanastasiou. Five ministers were replaced in a cabinet reshuffle […]
Developers of cross-border energy infrastructure investments within the Energy Community or internal ones with significant cross-border dimensions can nominate them by January 19 within the selection process for projects of Energy Community Interest (PECI). In line with the Trans-European Networks for Energy (TEN-E) regulation, the mechanism is for electricity transmission and energy storage including protection, […]
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 capacity between the two countries by 600 MW, strengthening supply and trade. After a decade of coordination, ELES and Terna signed […]
The European Union’s proposed measures to phase out imports of Russian oil and gas would destroy Hungary’s security of supply, according to Minister of Foreign Affairs and Trade Péter Szijjártó, who spoke at the meeting of energy ministers in Luxembourg. Slovakia is in a similar situation, while Romania pointed to the difficulty of proving the […]
The European Union is connecting Serbia to its energy market, and it is the true guarantee that Serbian families will be safe and warm in winter, European Commission President Ursula von der Leyen said in Belgrade. She expressed preparedness to invest further in the country’s gas interconnector with Bulgaria. In her speech during the visit […]
A memorandum of understanding on Italy and Montenegro’s electricity market coupling was signed in Rome. It also paves the way for the installation of the second cable of the Monita interconnector, which runs under the Adriatic Sea. Minister of Energy and Mining of Montenegro Admir Šahmanović (pictured middle) and Italian Minister of the Environment and […]
Executive Director of Bulgarian Energy Holding (BEH) Valentin Nikolov hinted that the country would opt for the alternative electricity corridor to the Caucasus, via Turkey, if the proposed interconnector under the Black Sea doesn’t include a direct link to the Bulgarian grid. Turkey, Azerbaijan, Georgia and Bulgaria formalized an initiative in April for an electricity […]
Serbian transmission system operator (TSO) Elektromreža Srbije (EMS) and Montenegrin TSO CGES agreed that each would become the owner of the parts of overhead transmission lines on its country’s territory, and signed a contract. EMS and CGES signed a contract on the purchase of electricity infrastructure. The two state-owned TSOs said it is the confirmation […]
Bulgaria should discuss the possibility of installing small modular reactors on its territory with companies developing the technology, according to Minister of Energy Zhecho Stankov. In his view, it is a logical step after the country signed a memorandum of understanding with the United States on nuclear energy and assistance in preliminary studies. Minister of […]
Greece and Cyprus find themselves at odds when it comes to Great Sea Interconnector (GSI), their big project for a subsea electricity cable. A new investigation by the European Public Prosecutor’s Office (EPPO) further complicates things. Great Sea Interconnector is an envisaged 1,208-kilometer power line that would connect Crete, Cyprus and Israel. Planned for 1,000 MW […]