Energy development

Mytilineos announced on Wednesday that its energy arm, Protergia, will introduce energy provenance tracking and tracing features in Greece, in partnership with Powerledger.

With the Powerledger platform, Mytilineos and Protergia's consumers can now track, trace and visualize where their energy comes from in near-real time, and track their carbon footprint granularly.

The concluded winter presented unusually elevated temperatures and a 'milder' heating season for thousands of Bulgarians. However, the electricity bills during the winter sparked dissatisfaction and significant media attention.

Export revenues of Turkish wind energy equipment manufacturers increased from $1.5 billion in 2020 to $2.2 billion in 2023, according to İbrahim Erden, the president of the Turkish Wind Energy Association (TÜREB).

Türkiye is on a path to becoming a reliable supplier to the European wind energy supply chain, Erden told daily Hürriyet.

EU Energy Commissioner Kadri Simson stated that by the conclusion of the previous month, gas reserves across the EU had reached a historical peak for this time of year, standing at 58% capacity.

The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria. This acquisition forms part of a broader project aimed at developing 90 installations with a combined capacity of up to 2,000 megawatts across Italy, Bulgaria, Croatia, and Romania.

The government is distancing itself from the overambitious goals set by the European Union for the green transition, evaluating the effects on the growth of the Greek economy, the fiscal margins for the subsidies required to achieve these goals, and the endurance of households.

With the aim to bolster renewable energy infrastructure, the European Commission has greenlit funding of 1 billion euros for two key projects in Greece, as reported by the Greek newspaper Kathimerini.

The World Bank has said it is providing $400 million in financing to help women and youth access jobs and economic opportunities being created by the green transition in Türkiye.

BELGRADE - As with any other transition, the only postulate energy transition must meet is sustainability, Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said on Tuesday.

The expectations of producers of power from renewable energy sources for possible compensation against the energy cuts required to ensure the stability of the electrical system were brought back down to earth on Thursday during a speech by Secretary-General for Energy Aristotelis Aivaliotis.