The Montenegrin Government is set to sign a Memorandum of Understanding with Japan’s energy company JERA, paving the way for the potential development of a liquefied natural gas (LNG) terminal and a gas-fired power plant in the country. Officials describe the agreement as a significant step forward in bilateral relations, moving beyond traditional development cooperation […]
Albanian state-owned power company KESH has launched a tender to obtain insurance coverage for two mobile gas-fired power plants and their associated infrastructure located in Vlore, with an estimated budget of around 1.8 million euros. The 12-month insurance policy will cover two barge-mounted generation units along with the permanent facilities they depend on. These assets
Albania: KESH launches insurance tender for mobile gas-fired power plants in Vlore Read More »
The Greek Government is considering the introduction of a capacity market aimed at supporting natural gas-fired power plants. This initiative is part of a broader strategy to maintain the economic viability of these facilities as the country accelerates its shift toward renewable energy sources. As solar and wind increasingly dominate daily electricity production, the need
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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
