Companies and, eventually, households will be able to participate in the Romanian flexibility services market, getting compensated for cutting their electricity use at a time scheduled one day earlier. The aim is to prevent power outages during peak loads in the transmission grid. The National Energy Regulatory Authority (ANRE) of Romania published a draft regulation […]
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 […]
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 […]
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 […]
The Single Day-Ahead Coupling area split its hourly units into 15-minute intervals for electricity trading. The change, affecting most European markets, is aimed at enhancing the integration of renewables by making flexibility and balancing more efficient. After delays and intensive testing, the European wholesale electricity market switched to a 15-minute market time unit (MTU) from […]
If 70% of the physical capacity of all power lines had been offered for cross-zonal trade by transmission system operators, half of the most severe price spikes or 147 spikes could have been avoided in South-East Europe in the summer of 2024, according to the latest report of the EU Agency for the Cooperation of […]
Pressed by the lack of electricity system flexibility, Cyprus is rushing to deploy battery storage facilities under indirect state control. Private companies are complaining that Transmission System Operator Cyprus (TSOC) is favored at a current tender for three units of 40 MW each. EMA, the electricity market association of private companies has been trying to […]
Montenegro’s transmission system operator CGES achieved a net income of EUR 12.9 million in the first six months of this year. It is 28.1% more than in the same period of 2024 and on a 2.5% higher revenue. The dedication to quality and operational efficiency is materializing in concrete results, and the outlook remains bright, […]
MAVIR, the Hungarian electricity transmission system operator (TSO), put into operation a battery energy storage system, BESS, of 20 MW in capability and a three-hour cycle. It will help grid security and the integration of renewable energy sources. After entering the world’s top ten in photovoltaic capacity per capita, Hungary is picking up pace in […]
For the first time, photovoltaic production alone surpassed power consumption in Bulgaria – for two hours. Interestingly, even more electricity was exported at the same time. On Friday, June 20, the active photovoltaic capacity in Bulgaria between 10:00 and 11:00 before noon was 2,935 MW, and in the following hour it grew to 3,230 MW, […]