The surge in the number of hours with negative wholesale electricity prices in Europe made 2024 the second consecutive record year. According to ACER’s Director Christian Zinglersen, it means a new era is here. Speaking at Belgrade Energy Forum – BEF 2025, he called on governments, regulators and system operators to tackle the issue with […]
The Attica-Crete subsea power interconnector has been put into trial operation, marking a milestone for Greece’s transmission system. The country now has a high-voltage direct current (HVDC) interconnection, and its largest island is fully integrated into the national electricity system, according to an announcement by the Independent Power Transmission Operator (IPTO or Admie). The Ariadne […]
A grid failure caused a brief power outage in North Macedonia in the early hours on Sunday, May 18. Disruptions at the affected 400/110 kV transformer stations were triggered by high voltage levels in the grid, caused by low consumption, typical for nighttime hours and weekends at this time of year, according to a statement […]
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 […]
Greece’s Independent Power Transmission Operator (IPTO) is completing the last elements of the Ariadne Interconnection project, one of the deepest subsea links in the world. The company plans to switch on the double high-voltage direct current (HVDC) cable between Attica and Crete by the end of the month. In addition, IPTO and its Italian counterpart […]
Transmission system operator MEPSO launched an international tender for the construction of a 400 kV transmission line, the North Macedonian part of a planned interconnection with Albania. The company earlier canceled the contract with Energoinvest, which began building it four years ago. State-owned MEPSO said the project is of great importance for the energy stability […]
Romania registered the first negative day-ahead electricity price for a workday. The phenomenon, which only used to occur on holidays and weekends, has emerged in Slovenia as well. In spring and autumn, most of Europe occasionally faces periods of excessive power grid loads. The rapid rise in solar and wind power production and the lack of […]
Prime Minister of Milojko Spajić has merged two ministries, so Minister of Mining, Oil and Gas and Coordinator of the Ministry of Energy Admir Šahmanović took the helm at the joint energy and mining portfolio. Among his primary responsibilities are the completion of the domestic part of the Trans-Balkan Electricity Corridor, the installation of the […]
The Western Balkans could see a 20 GW increase in installed capacity by 2040, with nearly 65% coming from renewables, Aurora Energy Research found. Short-term volatility and increased costs of commodities are expected to keep electricity prices near or over EUR 100 per MWh until 2030. Aurora Energy Research issued its first forecast for the […]
A project for underground high-voltage power link East-West across Romania entered a new phase with the completion of the feasibility study. It would run alongside existing energy infrastructure. A year and a half after Minister of Energy Sebastian Burduja declared the project for a high voltage direct current (HVDC) line across Romania “the number one […]