Greece’s Ministry of Environment and Energy is reportedly nearing a final decision regarding a capital increase for Independent Power Transmission Operator. The state-controlled transmission system operator (TSO) needs EUR 1.1 billion to continue its investment projects. The government is said to be in favor of existing shareholders providing the funds. There were rumors earlier that […]
Montenegrin transmission system operator Crnogorski Elektroprenosni Sistem plans to invest EUR 200 million over the next five years, according to Ranko Redžić, manager of the company’s national dispatching center. CGES is constantly improving and modernizing the system, as well as training employees, MINA reported. According to Ranko Redžić, this yields results. One of them is […]
Representatives of the Government of Montenegro and Masdar discussed potential joint projects in the energy sector. The focus of the meeting was on solar energy, energy storage, and hydropower. Minister of Energy and Mining of Montenegro Admir Šahmanović and the Minister of Public Works Majda Adžović met today at Villa Gorica in Montenegro’s capital Podgorica […]
The European Union is further simplifying the Carbon Border Adjustment Mechanism (CBAM), but with stricter oversight and an extension to 180 steel- and aluminium-intensive downstream products. From January 1, importers of designated goods and commodities will be paying the emissions tax. Among the novelties, countries in the Energy Community that transposed the relevant EU regulations […]
Croatia-based Dalekovod, Elnos from Bosnia and Herzegovina, and Serbian Kodar Energomontaža will jointly build electricity transmission infrastructure in North Macedonia. Dalekovod said it signed a EUR 19.7 million contract with MEPSO, the transmission system operator of North Macedonia, as the lead member of a consortium that includes Elnos BL and Kodar Energomontaža. The contracted works […]
Slovenia’s transmission system operator ELES has joined the European Network for Cyber Security, reinforcing collaborative efforts to protect Europe’s electricity grid from evolving cyber threats. The partnership will give ELES access to the European Network for Cyber Security’s (ENCS) collaborative threat intelligence, specialist training and technical expertise – strengthening its ability to detect, prevent and […]
Slovenian transmission and distribution system operator ELES and Italian transmission system operator Terna agreed to upgrade their cross-border electricity network in an investment of EUR 250 million. The project aims to increase the transmission capacity between the two countries by 600 MW, strengthening supply and trade. After a decade of coordination, ELES and Terna signed […]
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 […]
Serbia is targeting the last quarter of 2027 for coupling with the European Union’s single day-ahead market, Serbian power exchange SEEPEX’s Managing Director Miloš Mladenović said. Miloš Mladenović was one of the speakers at the Energy Connectivity, Resilience and Security in Southeastern Europe panel at the 14th International Forum on Energy for Sustainable Development in […]
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 […]
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