Greece’s revised NECP targets much less energy storage, more natural gas
The Energy ministry in Greece has shared an updated National Energy and Climate Plan with market officials for their input…
PPC’s growth strategy following the takeover of Enel Romania
One of the biggest transactions in the last decades – the acquisition of Enel Romania by Public Power Corporation (PPC)…
Greece disclosed the 7 winners of its first power storage auction
The Greek Regulatory Authority for Energy has confirmed that 411.8 MW of projects have been awarded in the country’s first…
Enel sells 50% of Greek green energy subsidiary to Macquarie
Enel, through its wholly owned subsidiary Enel Green Power, has signed an agreement with Macquarie Asset Management, through Macquarie Green…
Exiting natural gas it’s only feasible by 2050
Exiting natural gas is only feasible by 2050 but accelerating natural gas phase-out is the most efficient way to reduce…
Closing coal plants will increase energy price volatility
Shutting down the coal-fired power plants in the coming years and increasing commodity prices will lead to a large growth…
Regional integration of the energy infrastructures will provide security and sustainability
Every European country should begin working on new infrastructures to use hydrogen and to integrate the national grids into a…
Greece invests 163 mln. euro in a new pipeline able to carry 100% hydrogen
A new 160-kilometre pipeline, with a budget of 163 million euro, will ensure the smooth transition of the Central and…
Bulgaria to double its gas storage volume
The project will be financially supported by the European Commission and by 2025, the country hopes to have a new…
Bulgaria, Greece, Romania, and Hungary agree for the grid interconnection to enable bi-directional flows of natural gas
A Memorandum of Understanding (MoU) was signed between DESFA (Greece), Bulgartransgaz (Bulgaria), FGSZ (Hungary), Transgaz (Romania), ICGB (Bulgaria) and Gastrade…
Greece doubles subsidies for energy bills
Greece will double subsidies for energy bills in September to 1.9 billion euros, extending financial support introduced in 2021 to…
Greece-Bulgaria gas interconnector could be ready in June
The Greece-Bulgaria gas interconnector could be ready in June, as promised by Bulgarian officials, Energy Minister Virgil Popescu told journalists…
ICGB will auction the free capacity of the IGB pipeline via the PRISMA platform
The project company ICGB, responsible for the implementation of the interconnector Greece-Bulgaria signed a contract with PRISMA European Capacity Platform…
Alexandr Nikolov: Bulgaria loses money due to delays in completing gas interconnection with Greece (Euractiv Bulgaria)
Bulgaria continues to be depleted of revenue because of persistent delays in completing the gas interconnector with Greece, energy minister…
Virgil Popescu: Bulgaria – Greece gas interconnector will be completed by July 2022
The Bulgaria-Greece gas interconnector will be completed by July 2022, so that the Romanian BRUA pipeline will be able to…
Greece has started receiving natural gas from Azerbaijan through the TAP pipeline
Greece is now supplied with natural gas from Azerbaijan, as the Trans Adriatic Pipeline (TAP) is ready and the delivered…
EU urges Turkey to halt gas hunt in East Mediterranean
The European Union urged Turkey to “immediately” stop exploring for gas in a disputed area of the eastern Mediterranean, as…
Greece is postponing the tender for the concession of an underground gas storage facility
Greece has postponed by a month the deadline by which investors could bid for the concession of an underground gas…
Lignite phase-out in SEE countries: the later it happens, the more it costs
A total of 3.7 billion EUR for regional development would secure a just transition for coal phase-out in three SEE…
The Greece-Bulgaria Intersystem gas connection financing agreement was ratified
On December 6, the Bulgarian Parliament ratified the Guarantee Agreement between Bulgaria and the European Investment Bank (EIB) concerning a…
By February 2020, Transgaz wants to set up the company that will operate the Romanian gas hub
Transgaz has signed a cooperation agreement with the Austrian Central European Gas Hub AG – CEGH to establish the gas…
Greece-Bulgaria Gas Interconnector get final license
ICGB, the company developing the Gas Interconnector Greece-Bulgaria project, said that it was granted a final licence by Greece’s energy…
Granting Turkey ownership rights, a way out of energy stalemate in E. Med
Assigning to Turkey part of the ownership rights on Cyprus’ under-the-sea wealth is worth consideration as a solution in the…
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