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Go-live of ADEX - Slovenian and Serbian TSOs Along With EPEX SPOT Established the First Regional Power Exchange for Central and South-Eastern Europe

Τετ, 28 Δεκεμβρίου 2022 - 16:29

Alpine-Adriatic Danube Power Exchange - ADEX, the first regional power exchange for Central and South-Eastern Europe, was officially established on 23 December 2022 in Ljubljana via formal signature of its founding members ELES, EMS, and EPEX SPOT. ADEX was established in the way of corporate merging between BSP SouthPool and SEEPEX, with the company’s headquarters in Ljubljana and main permanent offices in Ljubljana and Belgrade. The newly founded ADEX will offer harmonized one-stop-shop spot power trading services in Slovenia and Serbia, with the ambition to extend business to other countries in the Central and South-Eastern European (CSEE) region

Japan Approves Nuclear Energy U-Turn to Avert Crisis

Τετ, 28 Δεκεμβρίου 2022 - 16:19

Decision comes amid electricity shortage and as country faces increasing difficulty in meeting net zero carbon pledges

Natural Gas: New Cyprus Deposit

Τετ, 21 Δεκεμβρίου 2022 - 17:55

The official announcement about the field in Plot 6 of the Cyprus EEZ was made on the morning of December 21 by the Ministry of Energy of Cyprus, according to sigmalive. The “Zeus-1” drilling operations by the joint venture of Eni Cyprus Limited (Operator) and TotalEnergies EP Cyprus B.V. as indicated in the announcement, were successfully and safely completed

European Commission Clears Germany's Uniper Bailout

Τετ, 21 Δεκεμβρίου 2022 - 17:54

The European Commission said on Tuesday it had approved Germany’s 34.5 billion euro ($36.60 billion) plan to recapitalise German natural gas trader Uniper, subject to future state divestment, management pay and acquisitions

Eurohold Building Bulgaria’s Largest Solar Power Plant

Τρι, 20 Δεκεμβρίου 2022 - 19:21

The Verila facility, under construction in hilly terrain south of Sofia, is set to increase solar power generation in Bulgaria by up to 12%. Works on the photovoltaic plant, developed by Eurohold, started in September

Russia's Transneft Receives Polish and German Requests for Oil

Τρι, 20 Δεκεμβρίου 2022 - 19:17

Russia's Transneft (TRNF_p.MM) has received requests from Poland and Germany for oil in 2023, the state oil pipeline monopoly's head told Rossiya-24 TV, adding that supplies via the Druzhba pipeline's southern spur are expected to hold steady next year

Croatia, Slovenia, Austria Gas Transmission Cos to Interact on Green Agenda

Παρ, 16 Δεκεμβρίου 2022 - 18:44

Croatian state-owned gas transmission system operator Plinacro said on Friday it signed a memorandum of understanding with its peers from Slovenia and Austria - Plinovod and Gas Connect Austria, to support projects to cut greenhouse gas emissions and develop hydrogen infrastructure

ΙΕΑ: The World’s Coal Consumption is Set to Reach a New High in 2022 as the Energy Crisis Shakes Markets

Παρ, 16 Δεκεμβρίου 2022 - 18:40

Increase in coal use in Europe is expected to be temporary, with demand falling in advanced economies in the coming years but remaining robust in emerging Asia

Putin Plans More Gas Sales to China, e-Platform for European Prices

Πεμ, 15 Δεκεμβρίου 2022 - 19:47

President Vladimir Putin said on Thursday that Russia would increase gas supplies to "the East", particularly China, and set prices for sales to Europe using an electronic platform

Greek Power Utility PPC Signs Exclusivity Deal for Enel Assets in Romania

Πεμ, 15 Δεκεμβρίου 2022 - 19:43

Greek utility Public Power Corporation (PPC) said on Thursday that it has entered into an exclusivity agreement with Italian group Enel in relation to the potential acquisition of its assets in Romania

MYTILINEOS – Energy & Metals: A New Dynamic Transition into a New Era - Creation of Two New Companies for Constructions and Concessions

Τετ, 14 Δεκεμβρίου 2022 - 16:50

Another historic milestone for MYTILINEOS is set today with the announcement of the new transformation of the Company