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Latvia, Austria, Slovakia have EU’s largest gas stores
After clinching a deal on mandatory gas storage last month, Latvia, Austria and Slovakia currently have the largest gas stores for next winter compared to annual consumption.
Slovakia, for example, has already filled...
New EIB-EBRD-WB Enterprise Survey: Are Companies In The Western Balkans Prepared For Another Crisis?
Russia’s invasion of Ukraine and its economic fallout come just as firms in the Western Balkans are recovering from the COVID-19 shock. Today’s presentation “Business resilience in the Western Balkans at times...
Global Energy Crisis Shows Urgency Of Accelerating Investment In Cheaper And Cleaner Energy In Africa
Today’s crippling spikes in energy prices underscore the urgency and the benefits for African countries of accelerating the scale up of cheaper and cleaner sources of energy, the IEA says in a...
WWF to Croatian Members of EP: Vote Down the “Fake Green” Taxonomy
In a few weeks’ time, the EU could classify nuclear power and fossil gas as ‘sustainable’. More specifically, the EU is about to sign off on a list of "green" investments as...
EU and Egypt Step Up Cooperation on Climate, Energy and the Green Transition
Today in Cairo, on the occasion of the visit of Commission President Ursula von der Leyen and her meeting with Egyptian President El Sisi, the EU and Egypt issued a joint statement on climate, energy and the...
Mihajlovic: We Will Provide Enough Energy for the Winter, I do Not Expect Shortages or Restrictions
Deputy Prime Minister of the Government of Serbia and Minister of Mining and Energy, Prof. Zorana Mihajlovic, PhD, said that the state is doing everything to provide enough energy for the winter...
Greece-Bulgaria gas interconnector operational from 1 July
The gas connection between Bulgaria and Greece will start operating on 1 July, with Bulgaria poised to receive one billion cubic meters of gas from Azerbaijan – enough to meet the country’s...
Macedonian Energy Regulator Joins ACER’s Electricity Working Group
On 23 May, the Agency for the Cooperation of Energy Regulators (ACER) and the Energy and Water Services Commission of North Macedonia (ERC) signed an agreement that formalizes ERC’s participation in ACER’s...
Four Key Climate Change Indicators Break Records in 2021
Four key climate change indicators – greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification – set new records in 2021. This is yet another clear sign that human activities...
EU External Energy Strategy defines Energy Community as Instrument for Ambitious Energy and Climate Policies and Market Reforms
Published by the European Commission, the new EU External Energy Strategy defines the Energy Community as the framework for promoting ambitious energy and climate policies and market reforms. The Strategy is part...
Who’s Afraid of Energy Crisis
The prices of fossil fuels are not standing still yet on the world market, so the kilowatts obtained from them are very expensive. It is clear that for a stable future, we...
Slovenia’s Largest Solar Power Plant Opens Near Hrastnik
The state-owned power utility HSE launched on Friday a 3.036-megawatt solar power plant in a rehabilitated and closed section of the Prapretno landfill near Hrastnik. The largest facility of the kind in...
Kick-off Ceremony Held for Realization of Alexandroupolis FSRU in Greece
The kick-off ceremony for the realization of Gastrade SA's LNG FSRU facility in Alexandroupolis, Greece, was held on Tuesday, May 3, 2022, in the old Storage House of the Alexandroupolis Port Customs.
Once...
IEA: Global natural gas demand set to decline slightly in 2022
The world’s demand for natural gas is set to decline slightly in 2022. as a result of higher prices and market disruptions caused by war in Ukraine, according to the International Energy...
Energy and Climate Committee Discusses Way Forward for 2030 Targets
The 8th Energy and Climate Committee met on 12 April in Vienna, in the presence of the EU Commissioner for Energy, Kadri Simson. The meeting provided an opportunity for Ministers and Deputy...
The Green Shade of Black Gold
When we mention NIS, the first thing that comes to mind for most consumers is the production and sale of fuel. However, over the past decade, the domestic oil industry has also...