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 […]
Romania’s plans for new combined cycle gas turbines with a total capacity of 2.15 GW isn’t economically viable and, if constructed, the facilities should be decommissioned by 2035, according to ENTSO-E’s annual assessment of Europe’s security of electricity supply for the ten years ahead. ENTSO-E’s European Resource Adequacy Assessment 2024 (ERAA 2024) provides an integrated […]
In partnership with domestic company Gener 2, Greece-based GEK Terna and DEPA Commercial are preparing to build the first gas power plant in Albania. The current phase involves seeking financing. Separately, Azerbaijan’s SOCAR is expected to start installing the first gas distribution network in Albania, in the city of Korça. Albania is almost 100% dependent […]
Construction companies Terna and Aktor are about to start building a solar power plant of 400 MW in northern Greece and another 100 MW near Larissa, for state-owned DEPA Commercial, according to a new report. In its switch toward cleaner sources, the gas holding has also finished the construction of its biomethane plant. Greek state-controlled […]
After retiring the two remaining mainland coal power plants, scheduled for this year, Italy’s government intends to switch the facilities to standby instead of dismantling them. Two others are on the island of Sardinia, which is waiting for another subsea interconnection to complete the coal phaseout. Italy has 4.7 GW in coal power capacity left, […]
Slovenia’s natural gas transmission system operator Plinovodi and more than 50 industrial companies have signed an agreement on the establishment of the Hydrogen for Users consortium – SloH2U. The SloH2U consortium represents a systemic response by Slovenian industrial consumers to the need for restructuring the use of hydrogen and renewable gases, according to Plinovodi. The […]
Croatia is one of the three European Union member countries with the highest methane emissions from the oil and natural gas industry, according to research by Greenpeace Croatia and the Clean Air Task Force (CATF). Greenpeace Croatia noted that methane has 84 times greater global warming potential than carbon dioxide on a 20-year timescale. Methane […]
Turkey’s agreement with Azerbaijan, Georgia and Bulgaria on the transmission of renewable electricity could set back the project for an interconnector under the Black Sea between Georgia and Romania. In addition, President Recep Tayyip Erdoğan’s government fiercely opposes the Great Sea Interconnector project, part of the proposed Greece-Cyprus-Israel submarine link. Turkey is also pushing against […]
Public Power Corp. (PPC) presented a EUR 5.8 billion investment plan for the coal region of Western Macedonia in northern Greece. It held the ceremony in the retired Kardia 2 lignite-fired power plant. According to PPC’s chairman and CEO George Stassis, the endeavor consists of the decommissioning of old assets and the rollout of new […]
On the day when it was supposed to get the Alexandroupolis LNG Terminal in Greece back online, its operator Gastrade extended the outage by another month. The company never revealed the details of the malfunction. Just as gas storage in the European Union slipped below 40% of capacity, the operator of the Alexandroupolis LNG Terminal […]