Romania: Chinese companies exit solar tender after EU probe

Two Chinese solar panel manufacturers have withdrawn from a public procurement tender in Romania after the EU launched a foreign subsidy probe. The European Commission started an investigation in April into two consortiums suspected of receiving subsidies that Brussels feared would undercut rivals in Europe.  After the Chinese-owned firms withdrew their bid, the commission said it would […]

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Ukraine plans record electricity imports after Russian attacks

Russian strikes have wreaked havoc on Ukraine’s power sector, prompting unprecedented imports. Ukraine will source power from Romania, Slovakia, Poland, Hungary, and Moldova.  Ukraine plans to import record amounts of electricity from its neighboring countries after sustaining critical energy infrastructure damage from targeted Russian attacks, the country’s energy minister said on Monday.  The Ukrainian Ministry of Energy

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Federation BiH to launch just energy transition in coal regions

The Government of the Federation of Bosnia and Herzegovina adopted a conclusion on the implementation of measures for a just transition in FBiH in areas where active coal production is ongoing. The conclusion states that the government expresses full commitment to the process of a just transition in the FBiH, in line with BiH’s international commitments and

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Croatia: HEP launched a call for the purchase of green electricity

Croatian energy utility HEP invites interested parties to express interest in establishing business cooperation in the field of purchasing electricity produced from renewable sources and high-efficiency cogeneration.  HEP said that facilities with a capacity of 1 MW or more at a single metering point, which would supply all produced electricity to the network, will be exclusively taken into

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BiH threatened with losses of 250 million euros due to the production of electricity from coal

Companies from Bosnia and Herzegovina could lose more than 250 million euros annually if the country does not join the cross-border carbon export tax payment system (CBAM) introduced by the European Union to encourage non-member countries to stop producing electricity from fossil fuels. From October 1, 2023, the European Commission introduced the Carbon Border Adjustment

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Europe: CO2 emission allowances reached 73 euros/t in week 18

According to AleaSoft Energy Forecasting, for CO2 emission allowances futures in the EEX market for the reference contract of December 2024, settlement prices remained above €70/t during the second week of May. On Tuesday, May 7, these futures reached their weekly minimum settlement price, €70.98/t. According to data analyzed at AleaSoft Energy Forecasting, this price

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Europe: TTF gas futures reached the weekly maximum of 32.1 euros/MWh

According to AleaSoft Energy Forecasting, TTF gas futures in the ICE market for the FrontMonth, on Monday, May 6, reached their weekly maximum settlement price, €32.14/MWh. According to data analyzed at AleaSoft Energy Forecasting, this price was 15% higher than the previous Monday and the highest since April 19. Subsequently, settlement prices declined, but they

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