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 […]
Minister of Energy Bogdan Ivan claims that energy poverty or even blackouts could hit Romania if it proceeds with the closure of coal plants. Namely, the gas power projects for replacing them are suffering severe delays. The European Commission has become flexible for the first time in the last four years, said Romania’s Minister of […]
Croatia is considering the possibility of building a nuclear power plant on its territory, according to Minister of Economy Ante Šušnjar. Experts will decide whether it will be small modular reactors (SMRs) or a conventional nuclear power plant, Ante Šušnjar stressed, as quoted by Novi List. He opined that building a nuclear power plant is […]
European Commission President Ursula von der Leyen delivered her 2025 State of the Union address at the European Parliament in Strasbourg. She said the single energy market would be completed and pointed out that clean homegrown energy is a tool to lower energy prices. Ursula von der Leyen said the European Union’s greatest asset is […]
Montenegrin Minister of Energy and Mining Admir Šahmanović has met with Mohamed Jamel al-Ramahi, CEO of Masdar, a United Arab Emirates state-owned renewable energy company. During the meeting in Abu Dhabi, Šahmanović highlighted the energy sector as Montenegro’s biggest development opportunity, while Masdar’s top man confirmed the company’s readiness to expand its operations in Southeast […]
The Romanian government is in talks on postponing the coal power plant closures envisaged under the National Recovery and Resilience Plan (NRRP), according to Energy Minister Bogdan Ivan. The current deadline for decommissioning these plants is the end of 2025, but Romania is hoping to push it back to 2030. Ivan noted that Romania’s gas […]
For the first time, Elektroprivreda Srbije (EPS) will not take out loans this year, but will finance all investments from its own resources, according to General Manager Dušan Živković. However, it has affected the financial performance of Serbia’s state-owned power utility, with profit in the first half of 2025 coming in lower than in the […]
The newly purchased wind and solar projects in Romania and Bulgaria will bring much higher returns than ones in the Greek market, claims George Alexopoulos, Deputy Chief Executive Officer of HELLENiQ Energy. HELLENiQ Renewables Romania, operating under Greece-based HELLENiQ Energy, bought a wind project in Scânteiesti in Galaţi in eastern Romania, with a licensed capacity […]
Two years after a pledge at COP28 to triple global renewables capacity to 11 TW by 2030, a new analysis by Ember shows the world is only on track to double it, to 7.4 TW. The report finds that national targets have increased globally by just 2% since 2023 and that only 22 countries have […]
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 […]