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 […]
China-based Dongfang Electric plans to build a wind turbine production facility in Turkey, said Minister of Energy and Natural Resources Alparslan Bayraktar. It would have an annual capacity of 2 GW. Turkey is pushing ahead with its ambition to reach 120 GW in combined solar and wind power capacity by 2035. Following a meeting with […]
The Dabar hydropower plant is expected to be completed by the end of 2027, according to Petar Đokić, Minister of Energy and Mining of the Republic of Srpska. The operation of the Dabar hydropower plant, the most complex hydropower facility, in which EUR 339.5 million has been invested, will bring benefits for the entire eastern […]
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 […]