Hungary has the third-highest share of solar energy in electricity generation in the world, according to a recent annual report by the international think tank EMBER. Based on their data, Chile generated the largest share of electricity from solar power last year, with 19.9 percent, followed by Greece with 19 percent, and Hungary came in third […]
Hungary and Greece are global leaders in solar energy production Read More »
Greek construction and energy group GEK TERNA and Italian transmission system operator Terna, two of five qualifiers into the final round of a tender offering a 20 percent stake in Ariadne Interconnection, a Greek power grid operator IPTO subsidiary established for the development of a 1.1 billion-euro grid interconnection to link the power grids of
Greece: Two more bidders exit the tender for Ariadne interconnection Read More »
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
Ukraine plans record electricity imports after Russian attacks Read More »
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
Croatia: HEP launched a call for the purchase of green electricity Read More »
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
According to AleaSoft Energy Forecasting, in the second week of May, prices in the main European electricity markets increased compared to the previous week. Most markets reached the highest prices of the week on Monday, May 6, and then fell back over the week, leaving most days at prices similar to those of previous weeks.
Europe: Electricity prices ranged between 28 and 92 euros/MWh in week 18 Read More »
According to AleaSoft Energy Forecasting, in the second week of May, wind energy production decreased in all analyzed European markets compared to the previous week. The German market experienced the largest decrease, 64%, followed by the Portuguese, Spanish and Italian markets, with decreases of 50%, 34% and 27%, respectively. The French market continued to register
Europe: Wind energy production decreased in week 18 Read More »
According to AleaSoft Energy Forecasting, in the second week of May, prices in the main European electricity markets remained at similar levels to those of previous weeks, although the weekly average rose in most of them. The weekly average price fell only in the French market, which registered the lowest value, thus breaking the Iberian
Europe: Solar energy production increased in week 18 Read More »
Greek gas-fired power plants are planned to contribute a total of 5.4 TWh to the energy mix in 2030, down from 19 TWh in 2022, a 72 percent reduction that will be unavoidable as a result of the influx of more renewables, Aristotelis Aivaliotis, the energy ministry’s General Secretary of Energy and Natural Resources, has
